S&P Global Inc. (NYSE:SPGI) Shares Acquired by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 52.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 720,517 shares of the business services provider's stock after acquiring an additional 249,242 shares during the period. S&P Global comprises 0.7% of Robeco Institutional Asset Management B.V.'s portfolio, making the stock its 26th largest holding. Robeco Institutional Asset Management B.V. owned 0.23% of S&P Global worth $358,839,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in SPGI. AQR Capital Management LLC raised its stake in shares of S&P Global by 35.3% during the 2nd quarter. AQR Capital Management LLC now owns 31,837 shares of the business services provider's stock worth $14,147,000 after buying an additional 8,315 shares in the last quarter. Creative Planning raised its position in S&P Global by 7.3% in the second quarter. Creative Planning now owns 45,648 shares of the business services provider's stock worth $20,359,000 after acquiring an additional 3,092 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in S&P Global by 53.2% in the second quarter. NewEdge Advisors LLC now owns 15,635 shares of the business services provider's stock valued at $6,973,000 after acquiring an additional 5,429 shares during the period. Regal Investment Advisors LLC boosted its position in shares of S&P Global by 0.6% during the 2nd quarter. Regal Investment Advisors LLC now owns 4,546 shares of the business services provider's stock worth $2,028,000 after purchasing an additional 29 shares in the last quarter. Finally, Next Capital Management LLC acquired a new position in shares of S&P Global during the 2nd quarter worth $221,000. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Trading Down 0.4 %

NYSE:SPGI traded down $2.10 on Friday, reaching $521.44. The stock had a trading volume of 1,256,787 shares, compared to its average volume of 1,141,374. S&P Global Inc. has a 12-month low of $407.69 and a 12-month high of $533.29. The company has a market cap of $161.80 billion, a price-to-earnings ratio of 46.02, a P/E/G ratio of 2.38 and a beta of 1.20. The firm's fifty day moving average is $506.40 and its two-hundred day moving average is $504.48. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94.

S&P Global Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.74%. This is a positive change from S&P Global's previous quarterly dividend of $0.91. S&P Global's dividend payout ratio (DPR) is 32.13%.

Analysts Set New Price Targets

Several analysts recently commented on SPGI shares. Wells Fargo & Company reduced their price objective on shares of S&P Global from $620.00 to $617.00 and set an "overweight" rating for the company in a research note on Friday, January 10th. Stifel Nicolaus boosted their price target on S&P Global from $540.00 to $560.00 and gave the stock a "buy" rating in a research note on Monday, October 28th. BMO Capital Markets raised their price objective on S&P Global from $564.00 to $576.00 and gave the company an "outperform" rating in a research note on Tuesday, January 21st. Citigroup started coverage on S&P Global in a report on Friday, December 20th. They set a "buy" rating and a $600.00 price objective for the company. Finally, Oppenheimer lowered their target price on S&P Global from $590.00 to $580.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $584.54.

S&P Global Company 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.