Fiera Capital Corp Has $417.75 Million Holdings in S&P Global Inc. (NYSE:SPGI)

Fiera Capital Corp grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 1.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 838,798 shares of the business services provider’s stock after buying an additional 8,055 shares during the quarter. S&P Global makes up about 1.3% of Fiera Capital Corp’s investment portfolio, making the stock its 22nd largest holding. Fiera Capital Corp owned approximately 0.27% of S&P Global worth $417,747,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Exchange Traded Concepts LLC increased its stake in shares of S&P Global by 163.5% during the 3rd quarter. Exchange Traded Concepts LLC now owns 224 shares of the business services provider’s stock worth $116,000 after purchasing an additional 139 shares during the last quarter. Koshinski Asset Management Inc. bought a new stake in S&P Global in the third quarter worth $216,000. Wedge Capital Management L L P NC bought a new stake in S&P Global in the third quarter worth $263,000. Creative Planning increased its position in S&P Global by 13.0% during the third quarter. Creative Planning now owns 51,561 shares of the business services provider’s stock worth $26,638,000 after buying an additional 5,913 shares during the last quarter. Finally, Swedbank AB raised its holdings in S&P Global by 11.8% during the third quarter. Swedbank AB now owns 871,588 shares of the business services provider’s stock valued at $450,280,000 after buying an additional 92,115 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Performance

NYSE:SPGI opened at $530.93 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. The firm’s 50-day moving average is $506.13 and its 200-day moving average is $506.36. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $542.00. The company has a market cap of $164.75 billion, a price-to-earnings ratio of 46.86, a PEG ratio of 2.39 and a beta of 1.20.

S&P Global (NYSE:SPGI) last issued its quarterly earnings results on Tuesday, February 11th. The business services provider reported $3.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.36. S&P Global had a return on equity of 13.72% and a net margin of 25.80%. During the same quarter last year, the business earned $3.13 EPS. Equities research analysts anticipate that S&P Global Inc. will post 15.34 earnings per share for the current year.

S&P Global Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be paid a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.72%. This is a positive change from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date is Wednesday, February 26th. S&P Global’s dividend payout ratio is presently 32.13%.

Analyst Ratings Changes

Several research firms have recently issued reports on SPGI. StockNews.com upgraded S&P Global from a “hold” rating to a “buy” rating in a research note on Wednesday. UBS Group upped their target price on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research report on Friday, October 25th. Morgan Stanley lifted their price target on shares of S&P Global from $595.00 to $600.00 and gave the company an “overweight” rating in a research report on Wednesday. Citigroup began coverage on shares of S&P Global in a report on Friday, December 20th. They set a “buy” rating and a $600.00 price objective for the company. Finally, BMO Capital Markets raised their target price on shares of S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a research note on Tuesday, January 21st. Two research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $586.85.

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.