2,151 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Bought by &Partners

&Partners purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,151 shares of the business services provider’s stock, valued at approximately $580,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Benin Management CORP bought a new stake in Verisk Analytics during the 2nd quarter valued at approximately $542,000. Fifth Third Wealth Advisors LLC purchased a new position in shares of Verisk Analytics during the second quarter valued at about $313,000. Amplius Wealth Advisors LLC bought a new stake in shares of Verisk Analytics in the second quarter worth about $2,290,000. Atria Wealth Solutions Inc. boosted its stake in Verisk Analytics by 5.3% during the second quarter. Atria Wealth Solutions Inc. now owns 6,397 shares of the business services provider’s stock valued at $1,724,000 after buying an additional 320 shares during the last quarter. Finally, Colonial River Wealth Management LLC bought a new position in shares of Verisk Analytics during the 2nd quarter valued at approximately $210,000. 90.00% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VRSK. Deutsche Bank Aktiengesellschaft increased their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Morgan Stanley lifted their target price on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Evercore ISI increased their price target on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a report on Tuesday, June 25th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $268.00 price objective on shares of Verisk Analytics in a research note on Thursday, August 1st. Finally, BMO Capital Markets reduced their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. Eight analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $273.54.

Verisk Analytics Stock Down 0.7 %

NASDAQ:VRSK opened at $268.15 on Friday. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. Verisk Analytics, Inc. has a 1-year low of $215.32 and a 1-year high of $287.13. The company has a 50-day moving average of $271.38 and a 200 day moving average of $251.24. The firm has a market cap of $38.26 billion, a PE ratio of 50.03, a price-to-earnings-growth ratio of 3.39 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. The firm had revenue of $716.80 million for the quarter, compared to the consensus estimate of $722.45 million. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period last year, the firm earned $1.51 earnings per share. As a group, research analysts anticipate that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Sunday, September 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. Verisk Analytics’s dividend payout ratio is presently 29.10%.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now directly owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total value of $88,743.72. Following the completion of the sale, the insider now directly owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The disclosure for this sale can be found here. Insiders sold 726 shares of company stock worth $196,682 in the last three months. 0.40% of the stock is owned by insiders.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.