Douglass Winthrop Advisors LLC Has $124.53 Million Holdings in S&P Global Inc. (NYSE:SPGI)

Douglass Winthrop Advisors LLC lessened its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 250,043 shares of the business services provider's stock after selling 4,091 shares during the period. S&P Global accounts for about 2.4% of Douglass Winthrop Advisors LLC's portfolio, making the stock its 15th biggest position. Douglass Winthrop Advisors LLC owned about 0.08% of S&P Global worth $124,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPGI. Headinvest LLC increased its position in shares of S&P Global by 2.0% in the third quarter. Headinvest LLC now owns 997 shares of the business services provider's stock worth $515,000 after purchasing an additional 20 shares during the period. EWA LLC grew its stake in S&P Global by 4.2% during the third quarter. EWA LLC now owns 498 shares of the business services provider's stock worth $254,000 after buying an additional 20 shares in the last quarter. Continuum Advisory LLC increased its holdings in S&P Global by 1.3% in the 3rd quarter. Continuum Advisory LLC now owns 1,544 shares of the business services provider's stock valued at $788,000 after buying an additional 20 shares during the period. Parkside Financial Bank & Trust raised its position in shares of S&P Global by 2.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 1,034 shares of the business services provider's stock valued at $515,000 after buying an additional 20 shares in the last quarter. Finally, Personal CFO Solutions LLC lifted its holdings in shares of S&P Global by 3.1% during the 4th quarter. Personal CFO Solutions LLC now owns 674 shares of the business services provider's stock worth $336,000 after acquiring an additional 20 shares during the period. 87.17% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on SPGI shares. Morgan Stanley lifted their price objective on shares of S&P Global from $595.00 to $600.00 and gave the company an "overweight" rating in a research note on Wednesday, February 12th. UBS Group boosted their price target on S&P Global from $610.00 to $640.00 and gave the stock a "buy" rating in a report on Tuesday, February 18th. BMO Capital Markets upped their price objective on S&P Global from $576.00 to $590.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Evercore ISI lifted their target price on S&P Global from $599.00 to $608.00 and gave the company an "outperform" rating in a research report on Wednesday, February 12th. Finally, StockNews.com cut shares of S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Three investment analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $590.86.

S&P Global Trading Up 2.0 %

SPGI traded up $9.89 during trading on Tuesday, reaching $513.83. 1,350,988 shares of the company's stock were exchanged, compared to its average volume of 1,155,440. The firm has a fifty day moving average price of $514.28 and a two-hundred day moving average price of $510.31. The stock has a market capitalization of $158.16 billion, a PE ratio of 41.61, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. S&P Global Inc. has a one year low of $407.69 and a one year high of $545.39. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, topping the consensus estimate 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 period in the previous year, the business earned $3.13 EPS. As a group, equities research analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were given a dividend of $0.96 per share. 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 was Wednesday, February 26th. S&P Global's dividend payout ratio (DPR) is 31.09%.

About S&P Global

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.