Kampmann Melissa S. Sells 924 Shares of S&P Global Inc. (NYSE:SPGI)

Kampmann Melissa S. trimmed its stake in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 11.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,360 shares of the business services provider's stock after selling 924 shares during the quarter. S&P Global comprises 2.9% of Kampmann Melissa S.'s holdings, making the stock its 13th biggest position. Kampmann Melissa S.'s holdings in S&P Global were worth $3,666,000 as of its most recent filing with the Securities and Exchange Commission.

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

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Analysts Set New Price Targets

SPGI has been the topic of several research reports. Evercore ISI upped their price target on S&P Global from $599.00 to $608.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. Oppenheimer cut their target price on S&P Global from $590.00 to $580.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. UBS Group upped their target price on S&P Global from $610.00 to $640.00 and gave the company a "buy" rating in a report on Tuesday, February 18th. Mizuho assumed coverage on S&P Global in a research note on Wednesday, March 12th. They issued an "outperform" rating and a $599.00 price target on the stock. Finally, BMO Capital Markets boosted their price objective on S&P Global from $576.00 to $590.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Three research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $590.86.

S&P Global Stock Up 1.2 %

Shares of NYSE:SPGI traded up $6.12 during trading on Monday, reaching $504.00. 1,560,643 shares of the company traded hands, compared to its average volume of 1,156,535. The firm has a fifty day simple moving average of $513.85 and a 200 day simple moving average of $510.40. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 1-year low of $407.69 and a 1-year high of $545.39. The firm has a market cap of $155.13 billion, a P/E ratio of 40.81, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings data 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 return on equity of 14.33% and a net margin of 27.12%. During the same quarter in the previous year, the business earned $3.13 earnings per share. Analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were paid a $0.96 dividend. This is a boost from S&P Global's previous quarterly dividend of $0.91. The ex-dividend date was Wednesday, February 26th. This represents a $3.84 annualized dividend and a dividend yield of 0.76%. S&P Global's payout ratio is presently 31.09%.

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.