Natixis Advisors LLC Has $114.13 Million Stock Holdings in S&P Global Inc. (NYSE:SPGI)

Natixis Advisors LLC increased its position in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 10.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 220,914 shares of the business services provider's stock after acquiring an additional 20,422 shares during the period. Natixis Advisors LLC owned approximately 0.07% of S&P Global worth $114,129,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dupont Capital Management Corp grew its position in S&P Global by 27.1% in the first quarter. Dupont Capital Management Corp now owns 28,249 shares of the business services provider's stock worth $12,019,000 after buying an additional 6,025 shares during the last quarter. Twin Tree Management LP acquired a new stake in shares of S&P Global during the first quarter worth $74,000. Nwam LLC lifted its holdings in shares of S&P Global by 45.5% during the first quarter. Nwam LLC now owns 1,043 shares of the business services provider's stock valued at $446,000 after purchasing an additional 326 shares during the last quarter. M&G Plc acquired a new position in shares of S&P Global in the 1st quarter valued at $20,725,000. Finally, Intech Investment Management LLC boosted its position in shares of S&P Global by 255.1% in the 1st quarter. Intech Investment Management LLC now owns 9,861 shares of the business services provider's stock valued at $4,195,000 after purchasing an additional 7,084 shares during the period. 87.17% of the stock is currently owned by institutional investors.

S&P Global Stock Down 1.4 %

SPGI stock traded down $7.35 during trading hours on Friday, hitting $503.29. The company's stock had a trading volume of 1,187,616 shares, compared to its average volume of 1,209,144. The stock has a 50 day moving average price of $510.47 and a two-hundred day moving average price of $478.74. S&P Global Inc. has a 12 month low of $401.79 and a 12 month high of $533.29. The company has a market capitalization of $156.17 billion, a PE ratio of 44.42, a price-to-earnings-growth ratio of 2.61 and a beta of 1.18. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33.

S&P Global (NYSE:SPGI - Get Free Report) last posted its earnings results on Thursday, October 24th. The business services provider reported $3.89 EPS for the quarter, topping the consensus estimate of $3.64 by $0.25. S&P Global had a net margin of 25.80% and a return on equity of 13.72%. The firm had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.43 billion. During the same period in the prior year, the business posted $3.21 earnings per share. The business's quarterly revenue was up 15.9% on a year-over-year basis. On average, equities research analysts expect that S&P Global Inc. will post 15.25 earnings per share for the current year.

S&P Global Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 11th. Investors of record on Tuesday, November 26th will be paid a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Tuesday, November 26th. S&P Global's payout ratio is 32.13%.

Analyst Upgrades and Downgrades

Several brokerages have commented on SPGI. Stifel Nicolaus raised their target price on shares of S&P Global from $540.00 to $560.00 and gave the stock a "buy" rating in a report on Monday, October 28th. Robert W. Baird raised their price objective on shares of S&P Global from $536.00 to $575.00 and gave the stock an "outperform" rating in a research note on Friday, October 25th. Wells Fargo & Company boosted their target price on shares of S&P Global from $575.00 to $620.00 and gave the company an "overweight" rating in a research note on Wednesday, October 9th. UBS Group raised their target price on S&P Global from $605.00 to $610.00 and gave the stock a "buy" rating in a research report on Friday, October 25th. Finally, Evercore ISI began coverage on S&P Global in a report on Wednesday, October 2nd. They set an "outperform" rating and a $599.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $571.31.

S&P Global Company Profile

S&P Global Inc, together with its subsidiaries, provides credit ratings, benchmarks, analytics, and workflow solutions in the global capital, commodity, and automotive markets. It operates through S&P Global Market Intelligence, S&P Global Ratings, S&P Global Commodity Insights, S&P Global Mobility, S&P Dow Jones Indices, and S&P Global Engineering Solutions segments.