S&P Global Inc. (NYSE:SPGI) Shares Sold by Aquatic Capital Management LLC

Aquatic Capital Management LLC decreased its position in S&P Global Inc. (NYSE:SPGI - Free Report) by 35.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,785 shares of the business services provider's stock after selling 8,255 shares during the quarter. Aquatic Capital Management LLC's holdings in S&P Global were worth $7,363,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Human Investing LLC acquired a new position in S&P Global in the fourth quarter valued at $30,000. Noble Wealth Management PBC purchased a new stake in S&P Global in the 4th quarter valued at about $31,000. Hazlett Burt & Watson Inc. increased its stake in shares of S&P Global by 131.0% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 67 shares of the business services provider's stock valued at $32,000 after acquiring an additional 38 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of S&P Global by 700.0% during the 4th quarter. Sound Income Strategies LLC now owns 72 shares of the business services provider's stock worth $36,000 after acquiring an additional 63 shares during the period. Finally, BankPlus Trust Department acquired a new stake in shares of S&P Global in the fourth quarter worth approximately $40,000. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SPGI has been the subject of several research analyst reports. Morgan Stanley increased their price target on shares of S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 12th. Mizuho began coverage on S&P Global in a research report on Wednesday, March 12th. They issued an "outperform" rating and a $599.00 target price on the stock. Wells Fargo & Company reduced their target price on S&P Global from $633.00 to $607.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. UBS Group upped their price target on S&P Global from $610.00 to $640.00 and gave the stock a "buy" rating in a research note on Tuesday, February 18th. Finally, Oppenheimer reduced their price objective on S&P Global from $590.00 to $580.00 and set an "outperform" rating on the stock in a research note on Friday, January 3rd. Two analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, S&P Global presently has a consensus rating of "Moderate Buy" and an average target price of $591.86.

S&P Global Stock Performance

NYSE:SPGI opened at $480.33 on Friday. S&P Global Inc. has a 1-year low of $408.84 and a 1-year high of $545.39. The stock has a market cap of $150.75 billion, a P/E ratio of 38.89, a PEG ratio of 2.41 and a beta of 1.26. 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 firm has a 50-day moving average of $492.37 and a two-hundred day moving average of $502.97.

S&P Global (NYSE:SPGI - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, beating analysts' consensus estimates 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 prior year, the company earned $3.13 earnings per share. On average, research analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current fiscal year.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th were issued a $0.96 dividend. The ex-dividend date was 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 0.80%. S&P Global's dividend payout ratio is currently 31.09%.

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.

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