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

Dohj LLC grew its holdings in S&P Global Inc. (NYSE:SPGI) by 0.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 5,034 shares of the business services provider’s stock after buying an additional 26 shares during the period. Dohj LLC’s holdings in S&P Global were worth $2,507,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. First National Corp MA ADV increased its stake in S&P Global by 0.9% during the 3rd quarter. First National Corp MA ADV now owns 2,344 shares of the business services provider’s stock valued at $1,211,000 after purchasing an additional 20 shares in the last quarter. Kathleen S. Wright Associates Inc. increased its holdings in shares of S&P Global by 25.0% in the third quarter. Kathleen S. Wright Associates Inc. now owns 100 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 20 shares during the period. Trust Point Inc. lifted its holdings in shares of S&P Global by 1.4% during the third quarter. Trust Point Inc. now owns 1,404 shares of the business services provider’s stock worth $725,000 after purchasing an additional 20 shares during the period. Headinvest LLC boosted its position in S&P Global by 2.0% in the third quarter. Headinvest LLC now owns 997 shares of the business services provider’s stock valued at $515,000 after buying an additional 20 shares during the last quarter. Finally, EWA LLC boosted its position in S&P Global by 4.2% in the third quarter. EWA LLC now owns 498 shares of the business services provider’s stock valued at $254,000 after buying an additional 20 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

S&P Global Stock Performance

SPGI opened at $521.44 on Friday. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $533.29. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. The firm’s fifty day simple moving average is $506.40 and its two-hundred day simple moving average is $504.48. The company has a market cap of $161.80 billion, a price-to-earnings ratio of 46.02, a PEG ratio of 2.38 and a beta of 1.20.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global’s dividend payout ratio is presently 32.13%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on SPGI shares. JPMorgan Chase & Co. reduced their target price on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Robert W. Baird lifted their price objective on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research note on Friday, October 25th. Citigroup began coverage on S&P Global in a research note on Friday, December 20th. They issued a “buy” rating and a $600.00 target price on the stock. Wells Fargo & Company reduced their price target on S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a research report on Friday, January 10th. Finally, BMO Capital Markets upped their price objective on S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Two investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, S&P Global presently has a consensus rating of “Moderate Buy” and an average target price of $584.54.

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.