S&P Global Inc. (NYSE:SPGI) Shares Sold by Guardian Wealth Advisors LLC

Guardian Wealth Advisors LLC decreased its holdings in S&P Global Inc. (NYSE:SPGI) by 2.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,829 shares of the business services provider’s stock after selling 54 shares during the period. S&P Global makes up approximately 0.6% of Guardian Wealth Advisors LLC’s portfolio, making the stock its 20th biggest position. Guardian Wealth Advisors LLC’s holdings in S&P Global were worth $911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of SPGI. Leo Wealth LLC grew its holdings in S&P Global by 159.3% in the fourth quarter. Leo Wealth LLC now owns 2,531 shares of the business services provider’s stock valued at $1,261,000 after purchasing an additional 1,555 shares during the period. Consolidated Portfolio Review Corp boosted its holdings in shares of S&P Global by 5.7% in the 4th quarter. Consolidated Portfolio Review Corp now owns 774 shares of the business services provider’s stock valued at $385,000 after purchasing an additional 42 shares during the last quarter. Citrine Capital LLC purchased a new stake in shares of S&P Global during the 4th quarter valued at $1,569,000. GHP Investment Advisors Inc. increased its holdings in shares of S&P Global by 0.9% during the 4th quarter. GHP Investment Advisors Inc. now owns 13,499 shares of the business services provider’s stock worth $6,723,000 after buying an additional 122 shares during the last quarter. Finally, Oakworth Capital Inc. raised its position in shares of S&P Global by 81.1% in the 4th quarter. Oakworth Capital Inc. now owns 335 shares of the business services provider’s stock worth $167,000 after buying an additional 150 shares during the period. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SPGI. Citigroup assumed coverage on S&P Global in a research report on Friday, December 20th. They set a “buy” rating and a $600.00 price target for the company. Oppenheimer dropped their target price on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating for the company in a research report on Friday, January 3rd. Wells Fargo & Company cut their price target on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating on the stock in a report on Friday, January 10th. Stifel Nicolaus increased their price objective on shares of 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, JPMorgan Chase & Co. cut their target price 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. Two investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $584.54.

S&P Global Trading Up 0.8 %

Shares of SPGI opened at $518.52 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. S&P Global Inc. has a one year low of $407.69 and a one year high of $533.29. The stock has a 50-day moving average price of $506.01 and a 200 day moving average price of $505.23. The company has a market capitalization of $160.90 billion, a P/E ratio of 45.76, a P/E/G ratio of 2.40 and a beta of 1.20.

S&P Global Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $0.96 per share. This is a boost from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 annualized dividend and a dividend yield of 0.74%. The ex-dividend date is Wednesday, February 26th. S&P Global’s dividend payout ratio is 32.13%.

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.