Crossmark Global Holdings Inc. Sells 270 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Crossmark Global Holdings Inc. lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,692 shares of the business services provider’s stock after selling 270 shares during the period. Crossmark Global Holdings Inc.’s holdings in Verisk Analytics were worth $2,061,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the stock. Legal & General Group Plc raised its position 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 worth $436,204,000 after purchasing an additional 111,364 shares during the last quarter. TD Asset Management Inc grew its holdings in Verisk Analytics by 5.5% during the 2nd quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock worth $405,030,000 after acquiring an additional 78,008 shares during the period. GUARDCAP ASSET MANAGEMENT Ltd grew its holdings in Verisk Analytics by 1.1% during the 1st 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 during the period. Dimensional Fund Advisors LP grew its holdings in 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 worth $297,491,000 after acquiring an additional 85,202 shares during the period. Finally, Kayne Anderson Rudnick Investment Management LLC grew its holdings in 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 worth $165,284,000 after acquiring an additional 38,258 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $287.92 on Wednesday. The firm has a market cap of $40.66 billion, a PE ratio of 44.46, a PEG ratio of 3.58 and a beta of 0.86. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $289.40. The company has a fifty day moving average price of $270.28 and a 200 day moving average price of $265.27.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. The firm had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.52 EPS. Research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is presently 24.34%.

Insider Buying and Selling

In related news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the transaction, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have commented on VRSK. Robert W. Baird lifted their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Barclays lifted their target price 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. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Finally, Evercore ISI reissued an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating, three 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 currently has an average rating of “Moderate Buy” and an average target price of $285.80.

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.