Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Acquired by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 38.4% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,398 shares of the business services provider’s stock after purchasing an additional 942 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Verisk Analytics were worth $916,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of VRSK. Norges Bank purchased a new stake in shares of Verisk Analytics in the 4th quarter valued at $374,530,000. Franklin Resources Inc. boosted 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 purchasing an additional 542,432 shares during the last quarter. TD Asset Management Inc grew its position in 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 worth $320,722,000 after purchasing an additional 422,002 shares during the period. Public Employees Retirement Association of Colorado raised 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 valued at $76,278,000 after buying an additional 204,657 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of 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 valued at $3,919,008,000 after buying an additional 170,620 shares during the period. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

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

Analyst Ratings Changes

VRSK has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target 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 lifted their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Robert W. Baird increased their price target on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Evercore ISI lifted their price objective on shares of Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a report on Tuesday, June 25th. Finally, Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Eight equities 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 company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $275.23.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $268.79 on Friday. The company has a fifty day simple moving average of $271.71 and a 200-day simple moving average of $254.02. The firm has a market capitalization of $38.28 billion, a price-to-earnings ratio of 50.15, a PEG ratio of 3.42 and a beta of 0.86. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a 52-week low of $215.32 and a 52-week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. The company had revenue of $716.80 million during 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%. Verisk Analytics’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.51 EPS. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.56 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Sunday, September 15th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date is Friday, September 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 29.10%.

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.