Compound Global Advisors LLC Purchases New Holdings in S&P Global Inc. (NYSE:SPGI)

Compound Global Advisors LLC acquired a new position in S&P Global Inc. (NYSE:SPGI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 961 shares of the business services provider’s stock, valued at approximately $479,000. S&P Global accounts for 1.9% of Compound Global Advisors LLC’s investment portfolio, making the stock its 20th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Peterson Wealth Services raised its position in S&P Global by 10.0% during the fourth quarter. Peterson Wealth Services now owns 736 shares of the business services provider’s stock valued at $367,000 after buying an additional 67 shares during the period. Stonebridge Financial Group LLC purchased a new position in S&P Global during the 4th quarter valued at about $116,000. Summit Trail Advisors LLC increased its holdings in shares of S&P Global by 47.9% in the 4th quarter. Summit Trail Advisors LLC now owns 5,050 shares of the business services provider’s stock valued at $2,515,000 after purchasing an additional 1,636 shares during the period. Panoramic Capital Partners LLC purchased a new stake in shares of S&P Global in the fourth quarter worth approximately $234,000. Finally, Soltis Investment Advisors LLC boosted its holdings in shares of S&P Global by 30.0% during the fourth quarter. Soltis Investment Advisors LLC now owns 541 shares of the business services provider’s stock worth $269,000 after purchasing an additional 125 shares during the period. 87.17% of the stock is currently owned by hedge funds and other institutional investors.

S&P Global Trading Down 0.9 %

Shares of SPGI stock opened at $514.26 on Tuesday. S&P Global Inc. has a 12 month low of $407.69 and a 12 month high of $533.29. The company has a market cap of $159.58 billion, a PE ratio of 45.39, a price-to-earnings-growth ratio of 2.39 and a beta of 1.20. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.33. The business’s 50 day moving average is $505.85 and its two-hundred day moving average is $505.78.

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 issued a $0.96 dividend. This represents a $3.84 annualized dividend and a yield of 0.75%. The ex-dividend date is Wednesday, February 26th. This is an increase from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is 32.13%.

Analyst Upgrades and Downgrades

SPGI has been the topic of several research reports. JPMorgan Chase & Co. dropped 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 note on Friday, October 25th. Morgan Stanley upped their price target on shares of S&P Global from $570.00 to $595.00 and gave the stock an “overweight” rating in a research note on Thursday, December 12th. Robert W. Baird lifted their price objective on S&P Global from $536.00 to $575.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Stifel Nicolaus upped their target price on S&P Global from $540.00 to $560.00 and gave the stock a “buy” rating in a research report on Monday, October 28th. Finally, BMO Capital Markets lifted their price target on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. Based on data from MarketBeat.com, S&P Global has an average rating of “Moderate Buy” and an average price target of $584.54.

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.