S&P Global Inc. (NYSE:SPGI) Holdings Trimmed by Arlington Trust Co LLC

Arlington Trust Co LLC lowered its position in shares of S&P Global Inc. (NYSE:SPGI) by 25.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 142 shares of the business services provider’s stock after selling 48 shares during the period. Arlington Trust Co LLC’s holdings in S&P Global were worth $71,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Northwest Investment Counselors LLC purchased a new stake in shares of S&P Global during the third quarter valued at $27,000. First Personal Financial Services purchased a new stake in shares of S&P Global during the third quarter valued at $29,000. Capital Performance Advisors LLP purchased a new stake in shares of S&P Global during the third quarter valued at $31,000. Voisard Asset Management Group Inc. lifted its holdings in shares of S&P Global by 77.1% during the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC lifted its holdings in shares of S&P Global by 94.4% during the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares during the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 0.9 %

Shares of S&P Global stock opened at $514.26 on Tuesday. The firm has a market cap of $159.58 billion, a price-to-earnings ratio of 45.39, a P/E/G ratio of 2.39 and a beta of 1.20. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $533.29. The stock has a 50-day simple moving average of $505.85 and a 200-day simple moving average of $505.78.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.75%. This is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) is presently 33.89%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on SPGI. JPMorgan Chase & Co. reduced their price objective on S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a research note on Friday, October 25th. BMO Capital Markets raised their price objective on S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. UBS Group raised their price objective on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Citigroup initiated coverage on S&P Global in a research report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective for the company. Finally, Morgan Stanley raised their price objective on S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $584.54.

S&P Global Profile

S&P Global, Inc engages in the provision of transparent and independent ratings, benchmarks, analytics, and data to the capital and commodity markets worldwide. It operates through the following segments: Market Intelligence, Ratings, Commodity Insights, Mobility, Indices, and Engineering Solutions.