S&P Global Inc. $SPGI Shares Acquired by Loomis Sayles & Co. L P

Loomis Sayles & Co. L P boosted its stake in shares of S&P Global Inc. (NYSE:SPGI) by 0.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 679,136 shares of the business services provider’s stock after buying an additional 2,440 shares during the period. Loomis Sayles & Co. L P’s holdings in S&P Global were worth $358,102,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in S&P Global by 4.7% during the fourth quarter. Brighton Jones LLC now owns 3,176 shares of the business services provider’s stock worth $1,582,000 after acquiring an additional 143 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of S&P Global by 64.6% during the 1st quarter. Arkadios Wealth Advisors now owns 3,456 shares of the business services provider’s stock worth $1,756,000 after purchasing an additional 1,357 shares during the period. Mesirow Financial Investment Management Inc. grew its holdings in shares of S&P Global by 11.2% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,453 shares of the business services provider’s stock worth $738,000 after purchasing an additional 146 shares during the period. Sound View Wealth Advisors Group LLC raised its holdings in S&P Global by 45.5% in the 1st quarter. Sound View Wealth Advisors Group LLC now owns 735 shares of the business services provider’s stock valued at $374,000 after buying an additional 230 shares during the period. Finally, Harbour Investments Inc. lifted its position in S&P Global by 8.4% in the first quarter. Harbour Investments Inc. now owns 324 shares of the business services provider’s stock valued at $164,000 after buying an additional 25 shares during the last quarter. 87.17% of the stock is owned by hedge funds and other institutional investors.

S&P Global Stock Performance

Shares of SPGI stock opened at $499.15 on Friday. The firm has a 50 day moving average of $488.69 and a two-hundred day moving average of $516.09. The stock has a market capitalization of $151.14 billion, a PE ratio of 38.40, a P/E/G ratio of 2.50 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.34. S&P Global Inc. has a 52 week low of $427.14 and a 52 week high of $579.05.

S&P Global (NYSE:SPGI) last announced its quarterly earnings data 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 business had revenue of $1.87 billion for the quarter. On average, research analysts predict that S&P Global Inc. will post 17.11 EPS for the current fiscal year.

S&P Global Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th will be paid a dividend of $0.96 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Tuesday, November 25th. S&P Global’s dividend payout ratio is presently 27.93%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on SPGI. Wells Fargo & Company boosted their price target on shares of S&P Global from $660.00 to $661.00 and gave the company an “overweight” rating in a research note on Friday, September 19th. Evercore ISI lifted their target price on shares of S&P Global from $619.00 to $629.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Morgan Stanley boosted their target price on S&P Global from $615.00 to $620.00 and gave the company an “overweight” rating in a research report on Thursday, October 9th. William Blair restated an “outperform” rating on shares of S&P Global in a research report on Monday, November 17th. Finally, Seaport Res Ptn raised S&P Global to a “strong-buy” rating in a research note on Wednesday, October 1st. Two analysts have rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $613.00.

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.