Oregon Public Employees Retirement Fund Sells 204 Shares of S&P Global Inc. (NYSE:SPGI)

Oregon Public Employees Retirement Fund lowered its position in S&P Global Inc. (NYSE:SPGI) by 0.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,217 shares of the business services provider’s stock after selling 204 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in S&P Global were worth $13,555,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. First Personal Financial Services bought a new position in S&P Global in the 3rd quarter worth about $29,000. Human Investing LLC bought a new position in shares of S&P Global in the fourth quarter worth approximately $30,000. Capital Performance Advisors LLP purchased a new stake in S&P Global in the third quarter valued at approximately $31,000. Voisard Asset Management Group Inc. raised its stake in S&P Global by 77.1% in the third quarter. Voisard Asset Management Group Inc. now owns 62 shares of the business services provider’s stock valued at $32,000 after purchasing an additional 27 shares in the last quarter. Finally, Dunhill Financial LLC lifted its position in S&P Global by 94.4% during the third quarter. Dunhill Financial LLC now owns 70 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 34 shares during the last quarter. Hedge funds and other institutional investors own 87.17% of the company’s stock.

Analyst Upgrades and Downgrades

SPGI has been the topic of a number of research analyst reports. Evercore ISI increased their target price on S&P Global from $599.00 to $608.00 and gave the company an “outperform” rating in a research note on Wednesday, February 12th. Oppenheimer decreased their price objective 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. UBS Group upped 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. Wells Fargo & Company lifted their target price on shares of S&P Global from $617.00 to $633.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 12th. Finally, BMO Capital Markets raised their price objective on S&P Global from $576.00 to $590.00 and gave the company an “outperform” rating in a research note on Thursday, February 13th. Three equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $590.23.

S&P Global Stock Performance

Shares of SPGI stock opened at $533.80 on Wednesday. The firm has a market capitalization of $164.30 billion, a price-to-earnings ratio of 43.22, a PEG ratio of 2.41 and a beta of 1.20. The stock has a fifty day moving average of $511.35 and a 200 day moving average of $510.09. S&P Global Inc. has a 52 week low of $407.69 and a 52 week high of $545.39. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.34.

S&P Global (NYSE:SPGI) last issued its quarterly earnings data on Tuesday, February 11th. The business services provider reported $3.77 EPS for the quarter, topping the consensus estimate of $3.41 by $0.36. S&P Global had a net margin of 27.12% and a return on equity of 14.33%. During the same period last year, the firm posted $3.13 earnings per share. As a group, research analysts expect that S&P Global Inc. will post 17.11 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. Shareholders of record on Wednesday, February 26th will be issued a dividend of $0.96 per share. This is an increase from S&P Global’s previous quarterly dividend of $0.91. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.72%. S&P Global’s dividend payout ratio is 31.09%.

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.