Appleton Partners Inc. MA Purchases 90 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Appleton Partners Inc. MA increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 43,920 shares of the business services provider’s stock after buying an additional 90 shares during the quarter. Appleton Partners Inc. MA’s holdings in Verisk Analytics were worth $11,769,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of 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 during the period. Legal & General Group Plc lifted its stake in shares of Verisk Analytics by 7.4% in the second quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock valued at $436,204,000 after buying an additional 111,364 shares in the last quarter. TD Asset Management Inc grew its holdings in shares of Verisk Analytics by 5.5% during the second quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock valued at $405,030,000 after buying an additional 78,008 shares during the last quarter. GUARDCAP ASSET MANAGEMENT Ltd increased its position 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 worth $268,041,000 after acquiring an additional 12,231 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Verisk Analytics by 8.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock worth $297,491,000 after acquiring an additional 85,202 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $277.38, for a total transaction of $55,476.00. Following the sale, the chief financial officer now directly owns 16,408 shares in the company, valued at approximately $4,551,251.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of analyst reports. UBS Group lifted their price target on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft upped their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada restated an “outperform” rating and set a $268.00 price objective on shares of Verisk Analytics in a research note on Thursday, August 1st. Barclays lifted their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Finally, Morgan Stanley increased 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. Eight research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $276.69.

Verisk Analytics Trading Down 0.2 %

Shares of VRSK stock opened at $267.96 on Thursday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The firm has a market cap of $38.23 billion, a P/E ratio of 49.99, a PEG ratio of 3.36 and a beta of 0.86. The company has a 50 day moving average of $268.79 and a 200-day moving average of $256.61. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $722.45 million. During the same period in the previous year, the company posted $1.51 earnings per share. The business’s revenue was up 6.2% on a year-over-year basis. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.56 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Verisk Analytics’s dividend payout ratio is presently 29.10%.

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.