Callahan Advisors LLC Has $4.17 Million Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Callahan Advisors LLC boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 21.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,545 shares of the business services provider's stock after buying an additional 2,765 shares during the quarter. Callahan Advisors LLC's holdings in Verisk Analytics were worth $4,165,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Amalgamated Bank grew its holdings in shares of Verisk Analytics by 1.8% during the third quarter. Amalgamated Bank now owns 31,305 shares of the business services provider's stock worth $8,388,000 after buying an additional 567 shares in the last quarter. Martin Investment Management LLC lifted its stake in Verisk Analytics by 3.1% during the 3rd quarter. Martin Investment Management LLC now owns 31,732 shares of the business services provider's stock worth $8,503,000 after acquiring an additional 965 shares in the last quarter. Catalyst Capital Advisors LLC grew its stake in Verisk Analytics by 101.5% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider's stock worth $74,000 after purchasing an additional 139 shares in the last quarter. National Pension Service grew its stake in shares of Verisk Analytics by 19.6% during the third quarter. National Pension Service now owns 210,057 shares of the business services provider's stock worth $56,287,000 after purchasing an additional 34,455 shares in the last quarter. Finally, Nvwm LLC grew its position in shares of Verisk Analytics by 1.3% in the 3rd quarter. Nvwm LLC now owns 6,086 shares of the business services provider's stock valued at $1,631,000 after buying an additional 79 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company's stock.

Verisk Analytics Stock Performance

Verisk Analytics stock traded down $0.76 during mid-day trading on Wednesday, reaching $278.92. The company's stock had a trading volume of 436,885 shares, compared to its average volume of 792,988. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $287.13. The business has a 50 day moving average price of $269.47 and a 200-day moving average price of $263.59. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market cap of $39.39 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 3.48 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly 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 business had revenue of $725.30 million for the quarter, compared to analysts' expectations of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.56%. The ex-dividend date is Friday, December 13th. Verisk Analytics's dividend payout ratio (DPR) is 24.34%.

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 200 shares of the business's stock in a transaction 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 sale, the chief financial officer now owns 15,808 shares of the company's stock, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their position. The transaction 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 topic of several recent research reports. Evercore ISI restated an "in-line" rating and issued a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. UBS Group upped their target price 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 boosted their price objective on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a "hold" rating in a research report on Thursday, August 1st. Morgan Stanley lifted their price target on Verisk Analytics from $243.00 to $260.00 and gave the company an "equal weight" rating in a report on Wednesday, July 31st. Finally, Wells Fargo & Company upgraded Verisk Analytics to a "strong-buy" rating in a report on Tuesday, August 13th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $285.80.

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.