S&P Global Inc. (NYSE:SPGI) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its holdings in shares of S&P Global Inc. (NYSE:SPGI - Free Report) by 2.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 28,382 shares of the business services provider's stock after acquiring an additional 784 shares during the period. Sanctuary Advisors LLC's holdings in S&P Global were worth $14,859,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Catalyst Capital Advisors LLC raised its position in shares of S&P Global by 411.3% during the 4th quarter. Catalyst Capital Advisors LLC now owns 726 shares of the business services provider's stock worth $362,000 after acquiring an additional 584 shares in the last quarter. Americana Partners LLC purchased a new position in S&P Global during the 4th quarter worth approximately $6,966,000. Sierra Ocean LLC purchased a new position in S&P Global during the 4th quarter worth approximately $142,000. Valmark Advisers Inc. purchased a new position in S&P Global during the 4th quarter worth approximately $320,000. Finally, Blue Zone Wealth Advisors LLC grew its stake in S&P Global by 1.6% during the 4th quarter. Blue Zone Wealth Advisors LLC now owns 11,253 shares of the business services provider's stock worth $5,604,000 after buying an additional 175 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company's stock.

S&P Global Price Performance

Shares of SPGI traded down $2.38 during mid-day trading on Friday, hitting $533.05. The company's stock had a trading volume of 1,335,113 shares, compared to its average volume of 1,359,665. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.34. The firm has a 50-day simple moving average of $510.08 and a 200 day simple moving average of $509.03. The firm has a market capitalization of $164.07 billion, a P/E ratio of 43.16, a P/E/G ratio of 2.44 and a beta of 1.20. 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 posted its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating the consensus estimate 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 period in the previous year, the company posted $3.13 earnings per share. Analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. The ex-dividend date is Wednesday, February 26th. This is a boost from S&P Global's previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a yield of 0.72%. S&P Global's payout ratio is currently 29.47%.

Analyst Ratings Changes

A number of research firms recently issued reports on SPGI. Morgan Stanley raised their price target on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Citigroup began coverage on S&P Global in a research note on Friday, December 20th. They set a "buy" rating and a $600.00 price target on the stock. Evercore ISI raised their price target on S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 12th. StockNews.com downgraded S&P Global from a "buy" rating to a "hold" rating in a research note on Thursday. Finally, BMO Capital Markets lifted their target price on S&P Global from $576.00 to $590.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.