Dohj LLC Grows Stock Holdings in S&P Global Inc. (NYSE:SPGI)

Dohj LLC raised its holdings in shares of S&P Global Inc. (NYSE:SPGI) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,034 shares of the business services provider’s stock after purchasing an additional 26 shares during the quarter. Dohj LLC’s holdings in S&P Global were worth $2,507,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Sanctuary Advisors LLC purchased a new stake in S&P Global during the 2nd quarter valued at $10,189,000. Trust Co. of Toledo NA OH increased its position in S&P Global by 6.1% during the third quarter. Trust Co. of Toledo NA OH now owns 521 shares of the business services provider’s stock valued at $269,000 after acquiring an additional 30 shares during the last quarter. Czech National Bank raised its stake in shares of S&P Global by 6.9% in the third quarter. Czech National Bank now owns 65,228 shares of the business services provider’s stock valued at $33,698,000 after acquiring an additional 4,229 shares during the period. Capital Market Strategies LLC lifted its holdings in shares of S&P Global by 5.4% in the 3rd quarter. Capital Market Strategies LLC now owns 606 shares of the business services provider’s stock worth $313,000 after acquiring an additional 31 shares during the last quarter. Finally, Central Valley Advisors LLC lifted its holdings in shares of S&P Global by 2.4% in the 3rd quarter. Central Valley Advisors LLC now owns 3,215 shares of the business services provider’s stock worth $1,661,000 after acquiring an additional 76 shares during the last quarter. 87.17% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

SPGI has been the topic of a number of recent analyst reports. Citigroup assumed coverage on shares of S&P Global in a research report on Friday, December 20th. They issued a “buy” rating and a $600.00 price objective on the stock. JPMorgan Chase & Co. reduced their price target on S&P Global from $600.00 to $585.00 and set an “overweight” rating on the stock in a report on Friday, October 25th. BMO Capital Markets boosted their price objective on S&P Global from $564.00 to $576.00 and gave the company an “outperform” rating in a report on Tuesday, January 21st. UBS Group increased their target price on S&P Global from $605.00 to $610.00 and gave the stock a “buy” rating in a research note on Friday, October 25th. Finally, Morgan Stanley boosted their target price on shares of S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a research note on Thursday, December 12th. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $584.54.

S&P Global Price Performance

NYSE SPGI opened at $521.44 on Friday. The company has a market cap of $161.80 billion, a PE ratio of 46.02, a P/E/G ratio of 2.38 and a beta of 1.20. S&P Global Inc. has a 52-week low of $407.69 and a 52-week high of $533.29. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.94 and a current ratio of 0.94. The firm’s 50 day moving average price is $506.40 and its 200-day moving average price is $504.48.

S&P Global Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Wednesday, February 26th will be issued a $0.96 dividend. The ex-dividend date is Wednesday, February 26th. This is an increase from S&P Global’s previous quarterly dividend of $0.91. This represents a $3.84 dividend on an annualized basis and a dividend yield of 0.74%. S&P Global’s dividend payout ratio (DPR) is currently 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.