Haverford Financial Services Inc. Has $11.33 Million Position in S&P Global Inc. (NYSE:SPGI)

Haverford Financial Services Inc. reduced its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,741 shares of the business services provider's stock after selling 1,305 shares during the period. S&P Global makes up approximately 3.5% of Haverford Financial Services Inc.'s investment portfolio, making the stock its 13th biggest position. Haverford Financial Services Inc.'s holdings in S&P Global were worth $11,326,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SPGI. Wellington Management Group LLP lifted its stake in S&P Global by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider's stock valued at $4,581,580,000 after purchasing an additional 292,436 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of S&P Global by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,473,774 shares of the business services provider's stock valued at $3,332,016,000 after acquiring an additional 113,146 shares during the last quarter. FMR LLC boosted its holdings in shares of S&P Global by 6.6% during the 3rd quarter. FMR LLC now owns 5,965,369 shares of the business services provider's stock valued at $3,081,830,000 after acquiring an additional 369,598 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in S&P Global by 1.1% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,713,617 shares of the business services provider's stock worth $1,401,909,000 after acquiring an additional 28,458 shares during the last quarter. Finally, Amundi increased its holdings in S&P Global by 6.6% in the 4th quarter. Amundi now owns 2,345,377 shares of the business services provider's stock worth $1,162,979,000 after purchasing an additional 145,434 shares in the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

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S&P Global Trading Up 0.6 %

SPGI stock traded up $2.86 during mid-day trading on Thursday, reaching $510.66. The company's stock had a trading volume of 106,712 shares, compared to its average volume of 1,390,631. The company has a market cap of $157.18 billion, a price-to-earnings ratio of 41.35, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $545.39. The business's 50 day moving average price is $515.11 and its 200 day moving average price is $510.31. 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 released its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (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 in the prior year, the firm posted $3.13 EPS. On average, equities research 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 announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th were paid a $0.96 dividend. The ex-dividend date was Wednesday, February 26th. This is an increase from S&P Global's previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a dividend yield of 0.75%. S&P Global's dividend payout ratio (DPR) is currently 31.09%.

Analysts Set New Price Targets

SPGI has been the topic of a number of recent research reports. Citigroup assumed coverage on S&P Global in a research note on Friday, December 20th. They set a "buy" rating and a $600.00 price target on the stock. Wells Fargo & Company lifted their target price on shares of S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 12th. UBS Group upped their price target on shares of S&P Global from $610.00 to $640.00 and gave the company a "buy" rating in a research report on Tuesday, February 18th. Evercore ISI lifted their price target on shares of S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a report on Wednesday, February 12th. Finally, StockNews.com downgraded S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $590.86.

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.