Bleakley Financial Group LLC Purchases 143 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Bleakley Financial Group LLC boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.6% in the third quarter, HoldingsChannel reports. The firm owned 4,083 shares of the business services provider’s stock after buying an additional 143 shares during the quarter. Bleakley Financial Group LLC’s holdings in Verisk Analytics were worth $1,094,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Legal & General Group Plc grew its holdings 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 acquiring an additional 111,364 shares in the last quarter. TD Asset Management Inc increased its position in shares of 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 valued at $405,030,000 after purchasing an additional 78,008 shares during the last quarter. GUARDCAP ASSET MANAGEMENT Ltd raised its stake in shares of 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 purchasing an additional 12,231 shares during the period. Dimensional Fund Advisors LP boosted 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 buying an additional 85,202 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its holdings in Verisk Analytics by 6.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 613,185 shares of the business services provider’s stock worth $165,284,000 after buying an additional 38,258 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Up 0.1 %

Shares of NASDAQ VRSK opened at $267.62 on Monday. 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 business has a 50-day moving average of $268.88 and a 200-day moving average of $259.74. The firm has a market capitalization of $38.11 billion, a price-to-earnings ratio of 43.44, a PEG ratio of 3.40 and a beta of 0.86. 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 quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The firm had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. During the same quarter in the prior year, the firm earned $1.51 EPS. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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 annualized dividend and a dividend yield of 0.58%. Verisk Analytics’s dividend payout ratio (DPR) is presently 25.32%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VRSK. UBS Group increased their price objective on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, July 9th. 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. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. BMO Capital Markets reduced their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research note on Thursday, August 1st. Finally, Morgan Stanley boosted their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics currently has an average rating of “Moderate Buy” and an average target price of $278.67.

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.