Andra AP fonden Lowers Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Andra AP fonden lowered its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 55.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,000 shares of the business services provider’s stock after selling 36,600 shares during the period. Andra AP fonden’s holdings in Verisk Analytics were worth $7,817,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Verisk Analytics during the 4th quarter worth $374,530,000. Franklin Resources Inc. increased its holdings in Verisk Analytics by 90.5% in the fourth quarter. Franklin Resources Inc. now owns 1,141,516 shares of the business services provider’s stock valued at $272,663,000 after buying an additional 542,432 shares in the last quarter. TD Asset Management Inc lifted its position in shares of Verisk Analytics by 45.8% during the 4th quarter. TD Asset Management Inc now owns 1,342,721 shares of the business services provider’s stock valued at $320,722,000 after acquiring an additional 422,002 shares during the period. Public Employees Retirement Association of Colorado boosted its stake in shares of Verisk Analytics by 178.5% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 319,341 shares of the business services provider’s stock worth $76,278,000 after acquiring an additional 204,657 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Verisk Analytics by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 16,407,133 shares of the business services provider’s stock worth $3,919,008,000 after purchasing an additional 170,620 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

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

Analyst Ratings Changes

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upped 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. BMO Capital Markets cut their price target on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Evercore ISI raised their price objective on Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a report on Tuesday, June 25th. UBS Group upped their target price on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Finally, Robert W. Baird increased their target price on Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Eight research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Verisk Analytics has a consensus rating of “Moderate Buy” and a consensus price target of $273.54.

Verisk Analytics Stock Down 0.7 %

Shares of NASDAQ:VRSK opened at $271.63 on Thursday. The stock has a 50-day simple moving average of $271.91 and a 200-day simple moving average of $253.65. The stock has a market capitalization of $38.69 billion, a P/E ratio of 50.68, a PEG ratio of 3.44 and a beta of 0.86. Verisk Analytics, Inc. has a 1 year low of $215.32 and a 1 year high of $287.13. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95.

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, topping the consensus estimate of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. During the same period in the previous year, the firm earned $1.51 earnings per share. Verisk Analytics’s revenue for the quarter was up 6.2% on a year-over-year basis. Equities analysts forecast that Verisk Analytics, Inc. will post 6.56 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors 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 annualized dividend and a yield of 0.57%. Verisk Analytics’s dividend payout ratio is currently 29.10%.

Verisk Analytics 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.