2 weeks Ago By ABMN Staff
Peloton Wealth Strategists trimmed its position in shares of S&P Global Inc. ( NYSE:SPGI – Free Report ) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 4,323 shares of the business services provider’s stock after selling 133 shares during the period. Peloton Wealth Strategists’ holdings in S&P Global were worth $1,928,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company.
Sapient Capital LLC grew its holdings in S&P Global by 2.5% during the 2nd quarter. Sapient Capital LLC now owns 863 shares of the business services provider’s stock worth $385,000 after acquiring an additional 21 shares in the last quarter.
Chatham Capital Group Inc. boosted its holdings in shares of S&P Global by 0.5% in the 2nd quarter.
Chatham Capital Group Inc. now owns 4,501 shares of the business services provider’s stock valued at $2,007,000 after buying an additional 21 shares during the period. D.
B. Root & Company LLC boosted its holdings in shares of S&P Global by 2.4% in the 2nd quarter.
D.B. Root & Company LLC now owns 955 shares of the business services provider’s stock valued at $426,000 after buying an additional 22 shares during the period.
Modera Wealth Management LLC lifted its position in S&P Global by 2.3% in the 2nd quarter. Modera Wealth Management LLC now owns 960 shares of the business services provider’s stock valued at $428,000 after purchasing an additional 22 shares during the last quarter.
Finally, Foundations Investment Advisors LLC lifted its position in S&P Global by 1.0% in the 2nd quarter. Foundations Investment Advisors LLC now owns 2,133 shares of the business services provider’s stock valued at $951,000 after purchasing an additional 22 shares during the last quarter.
87.17% of the stock is owned by institutional investors and hedge funds. S&P Global Stock Up 0.
2 % SPGI opened at $512.72 on Friday. S&P Global Inc.
has a fifty-two week low of $340.49 and a fifty-two week high of $528.02.
The business has a 50-day moving average of $502.21 and a 200-day moving average of $458.02.
The company has a debt-to-equity ratio of 0.33, a current ratio of 1.03 and a quick ratio of 1.
03. The company has a market capitalization of $160.43 billion, a PE ratio of 57.
48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.17.
S&P Global Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 11th. Shareholders of record on Tuesday, November 26th will be issued a $0.91 dividend.
This represents a $3.64 dividend on an annualized basis and a yield of 0.71%.
The ex-dividend date of this dividend is Tuesday, November 26th. S&P Global’s dividend payout ratio (DPR) is currently 40.81%.
Analysts Set New Price Targets SPGI has been the topic of several recent research reports. Wells Fargo & Company upgraded shares of S&P Global to a “strong-buy” rating in a research report on Tuesday, August 13th. JPMorgan Chase & Co.
lifted their price objective on shares of S&P Global from $550.00 to $565.00 and gave the company an “overweight” rating in a research report on Wednesday, July 31st.
UBS Group boosted their price target on shares of S&P Global from $505.00 to $555.00 and gave the stock a “buy” rating in a research report on Tuesday, July 9th.
Oppenheimer boosted their price target on shares of S&P Global from $486.00 to $540.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 31st.
Finally, Raymond James downgraded shares of S&P Global from an “outperform” rating to a “market perform” rating in a research report on Monday, September 23rd. Three investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.
com, the company has a consensus rating of “Moderate Buy” and an average price target of $548.18. View Our Latest Research Report on SPGI Insider Transactions at S&P Global In other news, insider Edouard Tavernier sold 500 shares of S&P Global stock in a transaction that occurred on Wednesday, July 31st.
The stock was sold at an average price of $491.55, for a total transaction of $245,775.00.
Following the sale, the insider now owns 13,217 shares of the company’s stock, valued at approximately $6,496,816.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website .
In related news, insider Edouard Tavernier sold 500 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st. The stock was sold at an average price of $491.55, for a total transaction of $245,775.
00. Following the completion of the transaction, the insider now owns 13,217 shares in the company, valued at approximately $6,496,816.35.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, EVP Steven J. Kemps sold 2,700 shares of the firm’s stock in a transaction that occurred on Wednesday, July 31st.
The stock was sold at an average price of $491.55, for a total value of $1,327,185.00.
Following the transaction, the executive vice president now owns 1,455 shares of the company’s stock, valued at approximately $715,205.25. The disclosure for this sale can be found here .
In the last quarter, insiders have sold 17,862 shares of company stock valued at $8,645,727. 0.10% of the stock is owned by corporate insiders.
S&P Global Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding SPGI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for S&P Global Inc. ( NYSE:SPGI – Free Report ). Receive News & Ratings for S&P Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&P Global and related companies with MarketBeat.
com's FREE daily email newsletter ..
