Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Bought by Caprock Group LLC

Caprock Group LLC lifted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 137.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,275 shares of the business services provider’s stock after acquiring an additional 3,634 shares during the quarter. Caprock Group LLC’s holdings in Verisk Analytics were worth $1,691,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VRSK. International Assets Investment Management LLC acquired a new stake in Verisk Analytics during the 2nd quarter valued at $31,000. Chilton Capital Management LLC purchased a new position in Verisk Analytics in the 2nd quarter valued at about $34,000. OFI Invest Asset Management acquired a new stake in shares of Verisk Analytics during the first quarter valued at about $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter worth about $32,000. Finally, DSM Capital Partners LLC acquired a new position in shares of Verisk Analytics in the fourth quarter worth about $33,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. UBS Group increased their price objective on shares of Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Robert W. Baird boosted their target price on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. BMO Capital Markets cut their price objective on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. Finally, Evercore ISI lifted their target price 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. Eight investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Verisk Analytics has an average rating of “Moderate Buy” and a consensus target price of $273.54.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $273.25 on Tuesday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. The firm’s 50 day moving average is $271.91 and its two-hundred day moving average is $253.32. The firm has a market capitalization of $38.99 billion, a P/E ratio of 50.98, a PEG ratio of 3.44 and a beta of 0.86. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share 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 the consensus estimate of $722.45 million. During the same quarter in the previous year, the business earned $1.51 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. Analysts anticipate that Verisk Analytics, Inc. will post 6.56 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.57%. Verisk Analytics’s dividend payout ratio is presently 29.10%.

Insider Activity at Verisk Analytics

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 transaction of $88,743.72. Following the completion of the transaction, the insider now directly 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. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the company’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 directly 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 Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $277.38, for a total transaction of $55,476.00. Following the transaction, the chief financial officer now owns 16,408 shares of the company’s stock, valued at approximately $4,551,251.04. The disclosure for this sale can be found here. Insiders have sold 726 shares of company stock worth $196,682 over the last quarter. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics 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.