Profund Advisors LLC Has $3.40 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Profund Advisors LLC decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,609 shares of the business services provider’s stock after selling 264 shares during the quarter. Profund Advisors LLC’s holdings in Verisk Analytics were worth $3,399,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of VRSK. Epoch Investment Partners Inc. lifted its holdings in shares of Verisk Analytics by 225.5% during the fourth quarter. Epoch Investment Partners Inc. now owns 205,110 shares of the business services provider’s stock worth $48,993,000 after buying an additional 142,088 shares during the last quarter. Pinebridge Investments L.P. raised its stake in Verisk Analytics by 64.2% during the 4th quarter. Pinebridge Investments L.P. now owns 8,231 shares of the business services provider’s stock valued at $1,966,000 after purchasing an additional 3,219 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Verisk Analytics in the 4th quarter valued at $698,000. Vanguard Group Inc. grew its position in Verisk Analytics by 1.1% in the 4th 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 during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Verisk Analytics by 1.2% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock worth $85,550,000 after purchasing an additional 4,147 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock opened at $264.85 on Monday. The stock has a market capitalization of $37.79 billion, a price-to-earnings ratio of 49.41, a P/E/G ratio of 3.42 and a beta of 0.86. The firm’s 50-day moving average price is $270.78 and its two-hundred day moving average price is $255.05. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a 1-year low of $215.32 and a 1-year high of $287.13.

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

Verisk Analytics Dividend Announcement

The firm 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 is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. Verisk Analytics’s dividend payout ratio is 29.10%.

Insider Buying and Selling

In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the firm’s stock in a transaction dated Wednesday, July 3rd. The shares were 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 in the company, valued at approximately $2,033,483.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the 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 transaction, the insider now directly owns 7,470 shares in the company, valued at approximately $2,033,483.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Monday, July 15th. The shares were sold at an average price of $277.38, for a total value of $55,476.00. Following the completion of the sale, the chief financial officer now directly owns 16,408 shares of the company’s stock, valued at $4,551,251.04. The disclosure for this sale can be found here. 0.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on VRSK shares. Royal Bank of Canada reiterated an “outperform” rating and issued a $268.00 target price on shares of Verisk Analytics in a research note 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 research report on Tuesday, June 25th. Deutsche Bank Aktiengesellschaft boosted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. Morgan Stanley raised their target price on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Eight analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $275.23.

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.