Murphy & Mullick Capital Management Corp Takes Position in S&P Global Inc. (NYSE:SPGI)

Murphy & Mullick Capital Management Corp acquired a new stake in S&P Global Inc. (NYSE:SPGI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 603 shares of the business services provider's stock, valued at approximately $300,000.

Several other hedge funds have also recently bought and sold shares of SPGI. Raymond James Financial Inc. purchased a new position in shares of S&P Global in the 4th quarter valued at about $527,207,000. Proficio Capital Partners LLC increased its stake in shares of S&P Global by 71,024.1% during the fourth quarter. Proficio Capital Partners LLC now owns 619,491 shares of the business services provider's stock worth $308,525,000 after buying an additional 618,620 shares during the period. FMR LLC raised its holdings in S&P Global by 6.6% in the third 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. Union Bancaire Privee UBP SA purchased a new position in S&P Global in the fourth quarter worth approximately $144,091,000. Finally, Wellington Management Group LLP lifted its stake in S&P Global by 3.4% in the third quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider's stock worth $4,581,580,000 after acquiring an additional 292,436 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Stock Performance

Shares of NYSE:SPGI traded down $6.31 during trading on Friday, reaching $502.33. The company had a trading volume of 1,140,449 shares, compared to its average volume of 1,220,368. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.85 and a quick ratio of 0.85. The stock's fifty day moving average price is $515.20 and its 200 day moving average price is $510.14. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $545.39. The firm has a market capitalization of $157.65 billion, a price-to-earnings ratio of 40.67, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20.

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S&P Global (NYSE:SPGI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, topping 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 company posted $3.13 earnings per share. As a group, 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 disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were given a $0.96 dividend. The ex-dividend date was Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.76%. This is an increase from S&P Global's previous quarterly dividend of $0.91. S&P Global's dividend payout ratio (DPR) is presently 31.09%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SPGI shares. Evercore ISI raised their price objective on shares of S&P Global from $599.00 to $608.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. StockNews.com lowered S&P Global from a "buy" rating to a "hold" rating in a report on Thursday, February 20th. UBS Group lifted 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 increased their price objective on S&P Global from $576.00 to $590.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Finally, Wells Fargo & Company boosted their target price on S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $590.86.

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.