Verisk Analytics, Inc. (NASDAQ:VRSK) Stock Holdings Lifted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 40.9% during the second quarter, Holdings Channel reports. The fund owned 14,170 shares of the business services provider’s stock after acquiring an additional 4,110 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Verisk Analytics were worth $3,810,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VRSK. Vanguard Group Inc. raised its stake in Verisk Analytics by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 16,407,133 shares of the business services provider’s stock valued at $3,919,008,000 after purchasing an additional 170,620 shares during the period. TD Asset Management Inc boosted its position in shares of Verisk Analytics by 5.5% in the second quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock worth $405,030,000 after buying an additional 78,008 shares during the period. GUARDCAP ASSET MANAGEMENT Ltd grew its holdings in shares of Verisk Analytics by 1.1% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider’s stock valued at $268,041,000 after buying an additional 12,231 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Verisk Analytics by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock valued at $297,491,000 after buying an additional 85,202 shares during the period. Finally, Schroder Investment Management Group lifted its stake in Verisk Analytics by 24.9% in the 4th quarter. Schroder Investment Management Group now owns 690,022 shares of the business services provider’s stock worth $164,819,000 after acquiring an additional 137,706 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $277.38, for a total value of $55,476.00. Following the sale, the chief financial officer now directly owns 16,408 shares of the company’s stock, valued at $4,551,251.04. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $277.38, for a total transaction of $55,476.00. Following the completion of the sale, the chief financial officer now owns 16,408 shares in the company, valued at approximately $4,551,251.04. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction that occurred 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 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. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $265.96 on Friday. The business’s 50-day simple moving average is $271.03 and its 200-day simple moving average is $254.63. 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, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13. The firm has a market cap of $37.88 billion, a price-to-earnings ratio of 49.62, a P/E/G ratio of 3.42 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter in the prior year, the business earned $1.51 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 6.56 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently announced 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 0.59%. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

Wall Street Analysts Forecast Growth

VRSK has been the topic of several research analyst reports. Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. BMO Capital Markets lowered their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research report on Thursday, August 1st. Robert W. Baird increased their target price on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $268.00 price objective on shares of Verisk Analytics in a 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 issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $275.23.

About Verisk Analytics

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.