Verisk Analytics, Inc. (NASDAQ:VRSK) Stock Holdings Lifted by Intech Investment Management LLC

Intech Investment Management LLC raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 26.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,204 shares of the business services provider's stock after purchasing an additional 5,493 shares during the quarter. Intech Investment Management LLC's holdings in Verisk Analytics were worth $7,022,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Verisk Analytics during the second quarter valued at about $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics during the second quarter valued at about $34,000. Ashton Thomas Securities LLC acquired a new stake in shares of Verisk Analytics during the third quarter valued at about $34,000. Rothschild Investment LLC acquired a new stake in shares of Verisk Analytics during the second quarter valued at about $41,000. Finally, Kings Path Partners LLC acquired a new stake in shares of Verisk Analytics during the second quarter valued at about $46,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on VRSK shares. Wells Fargo & Company upgraded Verisk Analytics to a "strong-buy" rating in a research note on Tuesday, August 13th. Evercore ISI reiterated an "in-line" rating and issued a $279.00 price target on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Royal Bank of Canada lifted their price target on Verisk Analytics from $268.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, October 17th. Barclays lifted their price target on Verisk Analytics from $275.00 to $310.00 and gave the stock an "overweight" rating in a research note on Friday, September 13th. Finally, Robert W. Baird lifted their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $285.80.

Insider Activity

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the transaction, the chief financial officer now owns 15,608 shares of the company's stock, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the company's stock in a transaction on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $286,490.00. Following the completion of the transaction, the chief executive officer now directly owns 54,163 shares in the company, valued at $15,517,157.87. This represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,400 shares of company stock valued at $678,764. Insiders own 0.40% of the company's stock.

Verisk Analytics Stock Performance

VRSK stock traded up $3.17 during midday trading on Friday, reaching $290.73. The company had a trading volume of 649,748 shares, compared to its average volume of 786,100. The stock has a 50 day moving average price of $272.23 and a 200 day moving average price of $267.93. The firm has a market capitalization of $41.05 billion, a PE ratio of 45.37, a P/E/G ratio of 3.53 and a beta of 0.86. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $291.42.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.07. The company 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 revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 earnings per share. Analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.54%. Verisk Analytics's dividend payout ratio (DPR) is presently 24.34%.

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.