GHP Investment Advisors Inc. Buys 122 Shares of S&P Global Inc. (NYSE:SPGI)

GHP Investment Advisors Inc. lifted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,499 shares of the business services provider’s stock after purchasing an additional 122 shares during the quarter. GHP Investment Advisors Inc.’s holdings in S&P Global were worth $6,723,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the stock. Oakworth Capital Inc. boosted its holdings in S&P Global by 81.1% in the 4th quarter. Oakworth Capital Inc. now owns 335 shares of the business services provider’s stock valued at $167,000 after purchasing an additional 150 shares during the period. Elm3 Financial Group LLC bought a new stake in S&P Global during the fourth quarter valued at $513,000. Adero Partners LLC grew its position in S&P Global by 5.7% during the fourth quarter. Adero Partners LLC now owns 576 shares of the business services provider’s stock worth $287,000 after buying an additional 31 shares in the last quarter. YANKCOM Partnership bought a new position in S&P Global in the 4th quarter worth about $105,000. Finally, Bleakley Financial Group LLC raised its holdings in shares of S&P Global by 1.0% in the 4th quarter. Bleakley Financial Group LLC now owns 7,029 shares of the business services provider’s stock valued at $3,501,000 after acquiring an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 0.0 %

Shares of S&P Global stock opened at $513.65 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $533.29. The company’s 50 day moving average price is $506.01 and its 200-day moving average price is $505.23. The stock has a market capitalization of $159.39 billion, a price-to-earnings ratio of 45.34, a P/E/G ratio of 2.40 and a beta of 1.20.

S&P Global Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Wednesday, February 26th will be given a $0.96 dividend. 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 dividend on an annualized basis and a dividend yield of 0.75%. S&P Global’s payout ratio is presently 32.13%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on SPGI shares. UBS Group boosted their price objective on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a report on Friday, October 25th. Stifel Nicolaus boosted their price target on shares of S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a research note on Monday, October 28th. JPMorgan Chase & Co. lowered their price objective on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a research report on Friday, October 25th. Oppenheimer cut their target price 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. Finally, Wells Fargo & Company lowered their price target on S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $584.54.

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.