S&P Global Inc. (NYSE:SPGI) Shares Purchased by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC grew its stake in S&P Global Inc. (NYSE:SPGI - Free Report) by 277.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,703 shares of the business services provider's stock after acquiring an additional 4,192 shares during the period. Bryn Mawr Capital Management LLC's holdings in S&P Global were worth $2,840,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SPGI. First Personal Financial Services purchased a new position in S&P Global during the third quarter valued at approximately $29,000. Human Investing LLC purchased a new position in shares of S&P Global in the 4th quarter valued at $30,000. Capital Performance Advisors LLP bought a new position in shares of S&P Global in the 3rd quarter worth $31,000. Voisard Asset Management Group Inc. grew its stake in S&P Global by 77.1% in 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 raised its holdings in S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider's stock worth $36,000 after purchasing an additional 34 shares in the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Price Performance

Shares of SPGI stock traded down $2.38 during trading hours on Friday, hitting $533.05. 1,335,113 shares of the company's stock were exchanged, compared to its average volume of 1,359,665. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $545.39. The firm has a market cap of $164.07 billion, a P/E ratio of 43.16, a P/E/G ratio of 2.44 and a beta of 1.20. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. The firm has a 50 day moving average of $509.53 and a two-hundred day moving average of $508.60.

S&P Global (NYSE:SPGI - Get Free Report) last released its earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, topping analysts' consensus estimates of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same quarter in the previous year, the company earned $3.13 earnings per share. Sell-side analysts forecast that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The company 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 is an increase from S&P Global's previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global's dividend payout ratio is currently 29.47%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on SPGI shares. Robert W. Baird lifted their price objective on shares of S&P Global from $536.00 to $575.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Morgan Stanley increased their price objective on S&P Global from $595.00 to $600.00 and gave the company an "overweight" rating in a report on Wednesday, February 12th. Citigroup assumed coverage on S&P Global in a research note on Friday, December 20th. They set a "buy" rating and a $600.00 target price on the stock. JPMorgan Chase & Co. dropped their price target on S&P Global from $600.00 to $585.00 and set an "overweight" rating on the stock in a research note on Friday, October 25th. Finally, StockNews.com downgraded shares of S&P Global from a "buy" rating to a "hold" rating in a report on Thursday. Three research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, S&P Global currently has an average rating of "Moderate Buy" and an average target price of $590.23.

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.