AMS Capital Ltda Has $6.88 Million Stake in S&P Global Inc. $SPGI

AMS Capital Ltda increased its stake in S&P Global Inc. (NYSE:SPGI) by 81.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,051 shares of the business services provider’s stock after purchasing an additional 5,845 shares during the period. S&P Global makes up 2.6% of AMS Capital Ltda’s holdings, making the stock its 13th biggest holding. AMS Capital Ltda’s holdings in S&P Global were worth $6,882,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPGI. Emerald Advisers LLC increased its holdings in S&P Global by 2.0% in the 2nd quarter. Emerald Advisers LLC now owns 911 shares of the business services provider’s stock valued at $480,000 after buying an additional 18 shares during the period. Fullcircle Wealth LLC boosted its position in shares of S&P Global by 1.0% during the 2nd quarter. Fullcircle Wealth LLC now owns 1,748 shares of the business services provider’s stock worth $984,000 after acquiring an additional 18 shares in the last quarter. Summitry LLC increased its stake in S&P Global by 2.1% in the second quarter. Summitry LLC now owns 883 shares of the business services provider’s stock valued at $466,000 after acquiring an additional 18 shares during the last quarter. Hamilton Capital LLC raised its position in S&P Global by 4.5% during the second quarter. Hamilton Capital LLC now owns 418 shares of the business services provider’s stock valued at $220,000 after purchasing an additional 18 shares in the last quarter. Finally, Sand Hill Global Advisors LLC lifted its stake in S&P Global by 3.1% during the second quarter. Sand Hill Global Advisors LLC now owns 632 shares of the business services provider’s stock worth $333,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 87.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. decreased their price target on S&P Global from $635.00 to $615.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. Morgan Stanley raised their price objective on S&P Global from $615.00 to $620.00 and gave the company an “overweight” rating in a research note on Thursday, October 9th. Weiss Ratings reissued a “buy (b-)” rating on shares of S&P Global in a research note on Monday, December 8th. Stifel Nicolaus dropped their target price on shares of S&P Global from $625.00 to $599.00 and set a “buy” rating for the company in a report on Friday, October 31st. Finally, Citigroup raised their price target on shares of S&P Global from $600.00 to $635.00 and gave the company a “buy” rating in a research note on Monday, September 15th. Two research analysts have rated the stock with a Strong Buy rating and fifteen have assigned a Buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $613.00.

S&P Global Stock Performance

NYSE:SPGI opened at $500.95 on Friday. The stock’s 50-day moving average is $490.15 and its 200-day moving average is $514.65. S&P Global Inc. has a 1-year low of $427.14 and a 1-year high of $579.05. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.34. The stock has a market cap of $151.69 billion, a P/E ratio of 36.43, a price-to-earnings-growth ratio of 2.60 and a beta of 1.19.

S&P Global (NYSE:SPGI) last posted its earnings results on Monday, February 28th. The business services provider reported $2.33 EPS for the quarter. S&P Global had a net margin of 28.10% and a return on equity of 15.90%. The business had revenue of $1.87 billion for the quarter. Equities research analysts anticipate that S&P Global Inc. will post 17.11 earnings per share for the current year.

S&P Global Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Tuesday, November 25th were paid a $0.96 dividend. The ex-dividend date of this dividend was Tuesday, November 25th. This represents a $3.84 annualized dividend and a dividend yield of 0.8%. S&P Global’s payout ratio is currently 27.93%.

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.