New Hampshire Trust Has $780,000 Holdings in S&P Global Inc. $SPGI

New Hampshire Trust grew its position in shares of S&P Global Inc. (NYSE:SPGI) by 4.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,479 shares of the business services provider’s stock after buying an additional 57 shares during the period. New Hampshire Trust’s holdings in S&P Global were worth $780,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Cheviot Value Management LLC acquired a new position in S&P Global during the first quarter worth about $26,000. Costello Asset Management INC acquired a new position in shares of S&P Global during the first quarter worth $26,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of S&P Global during the second quarter worth $26,000. Smallwood Wealth Investment Management LLC acquired a new position in shares of S&P Global during the first quarter worth $28,000. Finally, CBIZ Investment Advisory Services LLC increased its holdings in shares of S&P Global by 103.3% during the first quarter. CBIZ Investment Advisory Services LLC now owns 61 shares of the business services provider’s stock worth $31,000 after buying an additional 31 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Trading Up 1.3%

Shares of S&P Global stock opened at $489.02 on Friday. S&P Global Inc. has a 1 year low of $427.14 and a 1 year high of $579.05. The firm has a market cap of $149.30 billion, a PE ratio of 37.62, a P/E/G ratio of 2.59 and a beta of 1.19. The stock has a fifty day moving average price of $514.03 and a 200-day moving average price of $514.31. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.98 and a quick ratio of 0.98.

S&P Global (NYSE:SPGI) last announced its earnings results on Monday, February 28th. The business services provider reported $2.33 earnings per share (EPS) for the quarter. S&P Global had a return on equity of 15.11% and a net margin of 27.30%.The firm had revenue of $1.87 billion during the quarter. Equities research analysts anticipate that S&P Global Inc. will post 17.11 EPS for the current year.

S&P Global Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Tuesday, November 25th will be given a $0.96 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, November 25th. S&P Global’s dividend payout ratio (DPR) is currently 29.54%.

Analyst Upgrades and Downgrades

SPGI has been the topic of a number of research reports. BMO Capital Markets reduced their price objective on S&P Global from $621.00 to $558.00 and set an “outperform” rating on the stock in a research report on Thursday, October 16th. Evercore ISI boosted their price objective on S&P Global from $613.00 to $619.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Mizuho boosted their price objective on S&P Global from $637.00 to $643.00 and gave the stock an “outperform” rating in a research report on Thursday, October 16th. Weiss Ratings restated a “buy (b)” rating on shares of S&P Global in a research report on Friday. Finally, JPMorgan Chase & Co. boosted their price objective on S&P Global from $575.00 to $625.00 and gave the stock an “overweight” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating and fourteen have issued a Buy rating to the stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $614.23.

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.