Catalyst Capital Advisors LLC Has $362,000 Stake in S&P Global Inc. (NYSE:SPGI)

Catalyst Capital Advisors LLC lifted its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 411.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 726 shares of the business services provider's stock after acquiring an additional 584 shares during the period. Catalyst Capital Advisors LLC's holdings in S&P Global were worth $362,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Northwest Investment Counselors LLC bought a new position in shares of S&P Global during the third quarter worth about $27,000. First Personal Financial Services bought a new position in shares of S&P Global during the third quarter worth about $29,000. Capital Performance Advisors LLP bought a new position in shares of S&P Global during the third quarter worth about $31,000. Voisard Asset Management Group Inc. grew its position 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 worth $32,000 after acquiring an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC lifted 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 during the period. Institutional investors own 87.17% of the company's stock.

S&P Global Price Performance

NYSE SPGI traded down $2.38 on Friday, reaching $533.05. The company's stock had a trading volume of 1,335,113 shares, compared to its average volume of 1,359,665. S&P Global Inc. has a twelve month low of $407.69 and a twelve month high of $545.39. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. The stock has a market cap of $164.07 billion, a PE ratio of 43.16, a PEG ratio of 2.44 and a beta of 1.20. The firm's 50 day moving average is $510.08 and its two-hundred day moving average is $509.03.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating 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 last year, the firm earned $3.13 earnings per share. As a group, sell-side analysts predict 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. Shareholders of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 26th. This is a positive change from S&P Global's previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a yield of 0.72%. S&P Global's dividend payout ratio is currently 29.47%.

Analyst Ratings Changes

Several research firms recently weighed in on SPGI. Wells Fargo & Company upped their price objective on shares of S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley upped their price objective on shares of S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Stifel Nicolaus upped their price objective on shares of S&P Global from $540.00 to $560.00 and gave the stock a "buy" rating in a report on Monday, October 28th. BMO Capital Markets upped their price objective on shares of S&P Global from $576.00 to $590.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Finally, UBS Group upped their price objective on shares of S&P Global from $610.00 to $640.00 and gave the stock a "buy" rating in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus 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.