Anfield Capital Management LLC Raises Position in S&P Global Inc. (NYSE:SPGI)

Anfield Capital Management LLC increased its stake in S&P Global Inc. (NYSE:SPGI) by 25.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 108 shares of the business services provider’s stock after buying an additional 22 shares during the quarter. Anfield Capital Management LLC’s holdings in S&P Global were worth $54,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. First Personal Financial Services acquired a new stake in S&P Global during the 3rd quarter valued at approximately $29,000. Capital Performance Advisors LLP purchased a new position in shares of S&P Global during the 3rd quarter valued at approximately $31,000. Human Investing LLC acquired a new stake in shares of S&P Global during the fourth quarter worth approximately $30,000. Noble Wealth Management PBC acquired a new stake in shares of S&P Global during the fourth quarter worth approximately $31,000. Finally, Dunhill Financial LLC increased its stake 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 worth $36,000 after buying an additional 34 shares during the last quarter. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have commented on the stock. UBS Group increased their price objective on shares of S&P Global from $610.00 to $640.00 and gave the company a “buy” rating in a research note on Tuesday, February 18th. StockNews.com cut shares of S&P Global from a “buy” rating to a “hold” rating in a research report on Thursday, February 20th. BMO Capital Markets boosted their price objective on S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Oppenheimer reduced their target price on S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a report on Friday, January 3rd. Finally, Evercore ISI boosted their price target on S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $590.23.

S&P Global Stock Up 1.7 %

S&P Global stock opened at $534.09 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.85 and a current ratio of 0.85. S&P Global Inc. has a one year low of $407.69 and a one year high of $545.39. The company has a 50-day simple moving average of $513.75 and a 200-day simple moving average of $510.67. The firm has a market capitalization of $164.39 billion, a P/E ratio of 43.25, a P/E/G ratio of 2.41 and a beta of 1.20.

S&P Global (NYSE:SPGI) last announced its earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share for the quarter, beating 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 prior year, the company posted $3.13 EPS. As a group, equities analysts expect that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. 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. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is currently 31.09%.

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.