Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Cwm LLC

Cwm LLC lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 90.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,712 shares of the business services provider’s stock after selling 43,945 shares during the period. Cwm LLC’s holdings in Verisk Analytics were worth $1,263,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Legal & General Group Plc increased its holdings in Verisk Analytics by 7.4% in the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock valued at $436,204,000 after purchasing an additional 111,364 shares in the last quarter. 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 stake in shares of Verisk Analytics by 1.1% in 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 holdings in shares of Verisk Analytics by 8.4% during the 2nd 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, Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Verisk Analytics by 6.7% during the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 613,185 shares of the business services provider’s stock valued at $165,284,000 after buying an additional 38,258 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Trading Up 0.4 %

Verisk Analytics stock opened at $270.60 on Thursday. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $38.54 billion, a PE ratio of 43.93, a price-to-earnings-growth ratio of 3.42 and a beta of 0.86. The firm has a 50 day simple moving average of $268.76 and a 200-day simple moving average of $259.04.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results 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. 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 analyst estimates of $722.45 million. During the same period last year, the company posted $1.51 EPS. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.58%. The ex-dividend date was Friday, September 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 25.32%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. BMO Capital Markets lowered their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Robert W. Baird raised their price target on shares of Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Evercore ISI restated an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Finally, UBS Group lifted their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 9th. Six equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $276.69.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the transaction, the chief financial officer now owns 15,808 shares in the company, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.40% of the stock is owned by company insiders.

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.