Yousif Capital Management LLC Sells 1,592 Shares of S&P Global Inc. (NYSE:SPGI)

Yousif Capital Management LLC cut its position in shares of S&P Global Inc. (NYSE:SPGI) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,148 shares of the business services provider’s stock after selling 1,592 shares during the quarter. Yousif Capital Management LLC’s holdings in S&P Global were worth $29,458,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SPGI. Czech National Bank increased its position in shares of S&P Global by 6.9% during the third quarter. Czech National Bank now owns 65,228 shares of the business services provider’s stock worth $33,698,000 after buying an additional 4,229 shares during the period. GAMMA Investing LLC increased its position in shares of S&P Global by 20.6% during the third quarter. GAMMA Investing LLC now owns 3,033 shares of the business services provider’s stock worth $1,567,000 after buying an additional 518 shares during the period. Diversified Trust Co increased its position in shares of S&P Global by 41.1% during the third quarter. Diversified Trust Co now owns 1,689 shares of the business services provider’s stock worth $873,000 after buying an additional 492 shares during the period. Smith Anglin Financial LLC increased its position in shares of S&P Global by 7.3% during the third quarter. Smith Anglin Financial LLC now owns 512 shares of the business services provider’s stock worth $265,000 after buying an additional 35 shares during the period. Finally, Threadgill Financial LLC increased its position in shares of S&P Global by 12.7% during the third quarter. Threadgill Financial LLC now owns 1,672 shares of the business services provider’s stock worth $864,000 after buying an additional 188 shares during the period. 87.17% of the stock is currently owned by institutional investors and hedge funds.

S&P Global Stock Down 0.9 %

SPGI opened at $513.59 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.94 and a quick ratio of 0.94. The company’s 50-day moving average is $506.36 and its 200 day moving average is $504.93. S&P Global Inc. has a fifty-two week low of $407.69 and a fifty-two week high of $533.29. The firm has a market capitalization of $159.37 billion, a P/E ratio of 45.33, a PEG ratio of 2.40 and a beta of 1.20.

S&P Global Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Wednesday, February 26th will be given a dividend of $0.96 per share. This is a positive change 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 0.75%. The ex-dividend date of this dividend is Wednesday, February 26th. S&P Global’s dividend payout ratio (DPR) is presently 32.13%.

Analysts Set New Price Targets

A number of research firms have commented on SPGI. BMO Capital Markets raised their price target on shares of S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a report on Tuesday, January 21st. JPMorgan Chase & Co. reduced their price target on shares of S&P Global from $600.00 to $585.00 and set an “overweight” rating for the company in a report on Friday, October 25th. Robert W. Baird raised their price target on shares of S&P Global from $536.00 to $575.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Wells Fargo & Company reduced their price target on shares of S&P Global from $620.00 to $617.00 and set an “overweight” rating for the company in a report on Friday, January 10th. Finally, Oppenheimer dropped their price objective on shares of S&P Global from $590.00 to $580.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $584.54.

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.