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

Calamos Advisors LLC decreased its position in S&P Global Inc. (NYSE:SPGI) by 3.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 94,833 shares of the business services provider’s stock after selling 3,516 shares during the quarter. Calamos Advisors LLC’s holdings in S&P Global were worth $47,230,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SPGI. International Assets Investment Management LLC grew its holdings in S&P Global by 174,815.4% during the third quarter. International Assets Investment Management LLC now owns 467,024 shares of the business services provider’s stock valued at $241,274,000 after purchasing an additional 466,757 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of S&P Global in the 3rd quarter worth approximately $224,976,000. FMR LLC boosted its stake in S&P Global by 6.6% during the third quarter. FMR LLC now owns 5,965,369 shares of the business services provider’s stock worth $3,081,830,000 after buying an additional 369,598 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of S&P Global during the 4th quarter valued at about $144,091,000. Finally, Wellington Management Group LLP raised its holdings in shares of S&P Global by 3.4% in the 3rd quarter. Wellington Management Group LLP now owns 8,868,375 shares of the business services provider’s stock worth $4,581,580,000 after buying an additional 292,436 shares in the last quarter. Institutional investors own 87.17% of the company’s stock.

S&P Global Stock Down 0.6 %

Shares of NYSE SPGI opened at $518.53 on Tuesday. The stock has a 50 day moving average price of $506.40 and a 200 day moving average price of $504.70. The firm has a market capitalization of $160.90 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 2.40 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.

S&P Global Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $3.84 dividend on an annualized basis and a yield of 0.74%. This is an increase from S&P Global’s previous quarterly dividend of $0.91. S&P Global’s dividend payout ratio (DPR) is presently 32.13%.

Analyst Ratings Changes

Several research firms recently weighed in on SPGI. Stifel Nicolaus boosted 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. JPMorgan Chase & Co. lowered their price objective 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. Morgan Stanley upped their price objective on S&P Global from $570.00 to $595.00 and gave the company an “overweight” rating in a report on Thursday, December 12th. Wells Fargo & Company reduced 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 research note on Friday, January 10th. Finally, BMO Capital Markets raised their price objective on S&P Global from $564.00 to $576.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 21st. Two analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $584.54.

S&P Global Company 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.