Keybank National Association OH Grows Stake in S&P Global Inc. (NYSE:SPGI)

Keybank National Association OH boosted its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 163,325 shares of the business services provider's stock after acquiring an additional 2,489 shares during the quarter. Keybank National Association OH owned 0.05% of S&P Global worth $81,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPGI. First Personal Financial Services acquired a new position in shares of S&P Global in the third quarter worth approximately $29,000. Capital Performance Advisors LLP acquired a new position in shares of S&P Global in the 3rd quarter worth approximately $31,000. Human Investing LLC bought a new stake in shares of S&P Global in the 4th quarter valued at $30,000. Noble Wealth Management PBC acquired a new stake in shares of S&P Global during the fourth quarter worth $31,000. Finally, Dunhill Financial LLC raised its stake in S&P Global by 94.4% during the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider's stock worth $36,000 after buying an additional 34 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Up 1.3 %

SPGI traded up $6.46 during mid-day trading on Wednesday, reaching $523.27. 1,560,641 shares of the stock were exchanged, compared to its average volume of 1,145,800. The company has a 50 day moving average price of $514.59 and a two-hundred day moving average price of $511.38. The stock has a market capitalization of $161.06 billion, a PE ratio of 42.37, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a 1 year low of $407.69 and a 1 year high of $545.39.

S&P Global (NYSE:SPGI - Get Free Report) last released its quarterly earnings results 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 quarter in the previous year, the firm earned $3.13 EPS. As a group, research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be given a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.73%. This is an increase from S&P Global's previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global's dividend payout ratio (DPR) is presently 31.09%.

Wall Street Analyst Weigh In

SPGI has been the subject of a number of recent analyst reports. Oppenheimer decreased their price target on S&P Global from $590.00 to $580.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. StockNews.com cut S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday, February 20th. Morgan Stanley lifted their target price on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. BMO Capital Markets increased their price target on 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 lifted their price objective on shares of S&P Global from $610.00 to $640.00 and gave the company a "buy" rating in a research note on Tuesday, February 18th. Three analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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.