S&P Global Inc. (NYSE:SPGI) Shares Purchased by Duncker Streett & Co. Inc.

Duncker Streett & Co. Inc. increased its stake in shares of S&P Global Inc. (NYSE:SPGI) by 0.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,360 shares of the business services provider’s stock after purchasing an additional 48 shares during the quarter. S&P Global accounts for 1.1% of Duncker Streett & Co. Inc.’s holdings, making the stock its 26th largest holding. Duncker Streett & Co. Inc.’s holdings in S&P Global were worth $5,658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of SPGI. First Personal Financial Services acquired a new position in S&P Global during the 3rd quarter worth $29,000. Human Investing LLC acquired a new position in S&P Global during the 4th quarter worth $30,000. Capital Performance Advisors LLP acquired a new position in S&P Global during the 3rd quarter worth $31,000. Noble Wealth Management PBC acquired a new position in S&P Global during the 4th quarter worth $31,000. Finally, Dunhill Financial LLC lifted its holdings in S&P Global by 94.4% during the 3rd quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock worth $36,000 after buying an additional 34 shares during the last quarter. 87.17% of the stock is owned by institutional investors and hedge funds.

S&P Global Stock Up 1.7 %

SPGI opened at $534.09 on Friday. The business has a 50 day moving average price of $513.75 and a two-hundred day moving average price of $510.82. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34. The company has a market cap of $164.39 billion, a PE ratio of 43.25, a P/E/G ratio of 2.41 and a beta of 1.20. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $545.39.

S&P Global (NYSE:SPGI) last released its earnings results 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 quarter in the previous year, the business posted $3.13 EPS. As a group, research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders 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. The ex-dividend date is Wednesday, February 26th. This represents a $3.84 annualized dividend and a yield of 0.72%. S&P Global’s payout ratio is presently 31.09%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. StockNews.com downgraded S&P Global from a “buy” rating to a “hold” rating in a report on Thursday, February 20th. Morgan Stanley lifted their price target on S&P Global from $595.00 to $600.00 and gave the stock an “overweight” rating in a report on Wednesday, February 12th. BMO Capital Markets lifted their price target on S&P Global from $576.00 to $590.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. Oppenheimer decreased their price target 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. Finally, Evercore ISI lifted their price target 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 investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $590.23.

About S&P Global

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.