28,191 Shares in S&P Global Inc. (NYSE:SPGI) Purchased by Graham Capital Management L.P.

Graham Capital Management L.P. purchased a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 28,191 shares of the business services provider’s stock, valued at approximately $14,040,000.

Other hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. increased its stake in shares of S&P Global by 4.4% in the 3rd quarter. Principal Financial Group Inc. now owns 365,737 shares of the business services provider’s stock valued at $188,948,000 after purchasing an additional 15,456 shares in the last quarter. ORG Partners LLC increased its position in shares of S&P Global by 26.5% in the fourth quarter. ORG Partners LLC now owns 844 shares of the business services provider’s stock valued at $421,000 after buying an additional 177 shares in the last quarter. ORG Wealth Partners LLC raised its stake in shares of S&P Global by 127.5% during the 4th quarter. ORG Wealth Partners LLC now owns 1,017 shares of the business services provider’s stock worth $507,000 after buying an additional 570 shares during the period. LVM Capital Management Ltd. MI lifted its position in shares of S&P Global by 10.8% during the 4th quarter. LVM Capital Management Ltd. MI now owns 707 shares of the business services provider’s stock valued at $352,000 after buying an additional 69 shares in the last quarter. Finally, HBW Advisory Services LLC acquired a new stake in S&P Global in the 4th quarter valued at $236,000. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Insider Buying and Selling at S&P Global

In other news, EVP Sally Moore sold 500 shares of the firm’s stock in a transaction on Monday, May 5th. The stock was sold at an average price of $510.43, for a total transaction of $255,215.00. Following the completion of the transaction, the executive vice president now directly owns 5,131 shares in the company, valued at $2,619,016.33. This trade represents a 8.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Mizuho started coverage on shares of S&P Global in a report on Wednesday, March 12th. They set an “outperform” rating and a $599.00 price objective on the stock. Robert W. Baird lowered their price objective on S&P Global from $616.00 to $589.00 and set an “outperform” rating on the stock in a report on Wednesday, April 30th. Evercore ISI increased their target price on S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. BMO Capital Markets lifted their price target on S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Finally, UBS Group increased their price objective on S&P Global from $555.00 to $575.00 and gave the company a “buy” rating in a research note on Wednesday, April 30th. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, S&P Global currently has a consensus rating of “Moderate Buy” and an average price target of $592.71.

S&P Global Price Performance

Shares of SPGI stock opened at $507.44 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market capitalization of $155.63 billion, a PE ratio of 41.09, a price-to-earnings-growth ratio of 2.41 and a beta of 1.23. The firm’s 50-day moving average is $486.24 and its two-hundred day moving average is $501.60. S&P Global Inc. has a 12 month low of $419.49 and a 12 month high of $545.39.

S&P Global (NYSE:SPGI) last released its quarterly earnings data on Tuesday, April 29th. The business services provider reported $4.37 EPS for the quarter, beating analysts’ consensus estimates of $4.23 by $0.14. The firm had revenue of $3.78 billion for the quarter, compared to analysts’ expectations of $3.72 billion. S&P Global had a return on equity of 14.33% and a net margin of 27.12%. The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the prior year, the firm posted $4.01 earnings per share. Analysts predict that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Wednesday, May 28th will be issued a $0.96 dividend. The ex-dividend date is Wednesday, May 28th. This represents a $3.84 annualized dividend and a yield of 0.76%. S&P Global’s dividend payout ratio (DPR) is currently 30.16%.

S&P Global Company 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.