Verisk Analytics, Inc. (NASDAQ:VRSK) Stock Holdings Cut by Public Employees Retirement Association of Colorado

Public Employees Retirement Association of Colorado lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.3% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 233,788 shares of the business services provider’s stock after selling 618 shares during the period. Public Employees Retirement Association of Colorado owned approximately 0.16% of Verisk Analytics worth $63,018,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in Verisk Analytics in the second quarter worth about $31,000. Chilton Capital Management LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $34,000. OFI Invest Asset Management bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Verisk Analytics in the 4th quarter worth approximately $32,000. Finally, DSM Capital Partners LLC acquired a new stake in Verisk Analytics during the fourth quarter valued at approximately $33,000. Institutional investors own 90.00% of the company’s stock.

Insider Activity

In related news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $277.38, for a total value of $55,476.00. Following the completion of the sale, the chief financial officer now directly owns 16,408 shares in the company, valued at approximately $4,551,251.04. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer now owns 16,408 shares of the company’s stock, valued at approximately $4,551,251.04. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kathy Card Beckles sold 326 shares of the firm’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 in the company, valued at $2,033,483.40. The disclosure for this sale can be found here. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Trading Up 0.5 %

Shares of NASDAQ VRSK opened at $265.96 on Friday. The stock has a market cap of $37.88 billion, a price-to-earnings ratio of 49.62, a PEG ratio of 3.42 and a beta of 0.86. The business has a 50 day simple moving average of $271.03 and a 200 day simple moving average of $254.63. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping the consensus estimate 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%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.51 earnings per share. On average, research analysts predict that Verisk Analytics, Inc. will post 6.56 earnings per share 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. Stockholders of record on Sunday, September 15th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date is Friday, September 13th. Verisk Analytics’s dividend payout ratio is 29.10%.

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of recent research reports. UBS Group increased their price objective on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research report on Tuesday, July 9th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $268.00 target price on shares of Verisk Analytics in a report on Thursday, August 1st. Evercore ISI increased their price target on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research report on Tuesday, June 25th. Morgan Stanley boosted their price objective on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Finally, Barclays upped their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Eight 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. Based on data from MarketBeat.com, Verisk Analytics has a consensus rating of “Moderate Buy” and an average target price of $275.23.

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.