Impact Investors Inc Purchases Shares of 659 S&P Global Inc. (NYSE:SPGI)

Impact Investors Inc acquired a new stake in shares of S&P Global Inc. (NYSE:SPGI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 659 shares of the business services provider’s stock, valued at approximately $328,000.

Other institutional investors have also recently made changes to their positions in the company. First Personal Financial Services purchased a new stake in shares of S&P Global in the third quarter worth about $29,000. Human Investing LLC bought a new stake in S&P Global in the 4th quarter worth approximately $30,000. Capital Performance Advisors LLP purchased a new stake in shares of S&P Global during the 3rd quarter worth approximately $31,000. Voisard Asset Management Group Inc. boosted its position in shares of S&P Global by 77.1% during the 3rd quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after acquiring an additional 27 shares during the last quarter. Finally, Dunhill Financial LLC grew its holdings in shares of S&P Global by 94.4% in the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Price Performance

S&P Global stock opened at $533.80 on Wednesday. The stock has a market cap of $164.30 billion, a price-to-earnings ratio of 43.22, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. The firm has a 50-day moving average of $511.35 and a two-hundred day moving average of $510.09. S&P Global Inc. has a 1 year low of $407.69 and a 1 year 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.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, topping 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 earned $3.13 EPS. On average, research analysts forecast that S&P Global Inc. will post 17.11 earnings per share for the current 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 $0.96 dividend. This is an increase from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend 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 31.09%.

Wall Street Analysts Forecast Growth

SPGI has been the subject of several research reports. Oppenheimer lowered their price objective on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Citigroup started coverage on S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price target for the company. BMO Capital Markets upped their price objective on S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a research report on Thursday, February 13th. Morgan Stanley lifted their target price on S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. Finally, StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $590.23.

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.