642 Shares in S&P Global Inc. (NYSE:SPGI) Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. purchased a new position in S&P Global Inc. (NYSE:SPGI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 642 shares of the business services provider's stock, valued at approximately $320,000.

Several other large investors have also recently modified their holdings of the stock. Wellington Management Group LLP raised its position in shares of S&P Global by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider's stock worth $4,581,580,000 after purchasing an additional 292,436 shares during the last quarter. Geode Capital Management LLC raised its position in shares of S&P Global by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 6,473,774 shares of the business services provider's stock worth $3,332,016,000 after purchasing an additional 113,146 shares during the last quarter. FMR LLC raised its position in shares of S&P Global by 6.6% in the 3rd quarter. FMR LLC now owns 5,965,369 shares of the business services provider's stock worth $3,081,830,000 after purchasing an additional 369,598 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of S&P Global by 1.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,713,617 shares of the business services provider's stock worth $1,401,909,000 after purchasing an additional 28,458 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of S&P Global by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,936,697 shares of the business services provider's stock worth $1,000,536,000 after purchasing an additional 26,300 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company's stock.

S&P Global Stock Performance

Shares of SPGI stock traded down $2.38 during trading hours on Friday, reaching $533.05. 1,335,113 shares of the company traded hands, compared to its average volume of 1,359,665. S&P Global Inc. has a 12-month low of $407.69 and a 12-month high of $545.39. 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 company has a market cap 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. The firm has a 50-day moving average price of $509.53 and a 200 day moving average price of $508.60.

S&P Global (NYSE:SPGI - Get Free Report) last posted its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share 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 quarter in the previous year, the company posted $3.13 EPS. As a group, sell-side analysts predict 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 disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be given a dividend of $0.96 per share. This is a boost from S&P Global's previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.72%. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global's payout ratio is presently 29.47%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Oppenheimer reduced their price objective on S&P Global from $590.00 to $580.00 and set an "outperform" rating for the company in a report on Friday, January 3rd. Wells Fargo & Company lifted their price objective on S&P Global from $617.00 to $633.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. Morgan Stanley lifted their price objective on S&P Global from $595.00 to $600.00 and gave the stock an "overweight" rating in a report on Wednesday, February 12th. StockNews.com downgraded S&P Global from a "buy" rating to a "hold" rating in a report on Thursday. Finally, Evercore ISI lifted their price objective on S&P Global from $599.00 to $608.00 and gave the stock an "outperform" rating in a report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.