Public Employees Retirement System of Ohio Has $15.75 Million Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Public Employees Retirement System of Ohio boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 3.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 58,782 shares of the business services provider's stock after purchasing an additional 2,042 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Verisk Analytics were worth $15,751,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Verisk Analytics in the second quarter valued at approximately $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics in the 2nd quarter valued at approximately $34,000. Ashton Thomas Securities LLC bought a new position in Verisk Analytics during the 3rd quarter worth approximately $34,000. Rothschild Investment LLC acquired a new position in Verisk Analytics during the second quarter valued at approximately $41,000. Finally, Kings Path Partners LLC bought a new stake in Verisk Analytics in the second quarter valued at approximately $46,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock traded down $1.66 during trading on Wednesday, hitting $285.02. 557,490 shares of the stock were exchanged, compared to its average volume of 779,771. 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 company has a fifty day moving average price of $278.61 and a 200-day moving average price of $272.07. The stock has a market capitalization of $40.25 billion, a price-to-earnings ratio of 44.46, a price-to-earnings-growth ratio of 3.60 and a beta of 0.87. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58.

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. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same quarter in the previous year, the business earned $1.52 earnings per share. The business's revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given 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 yield of 0.55%. Verisk Analytics's dividend payout ratio (DPR) is 24.34%.

Insider Buying and Selling at Verisk Analytics

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on VRSK. Evercore ISI reissued an "in-line" rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Barclays lifted their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a report on Friday, September 13th. Wells Fargo & Company raised shares of Verisk Analytics to a "strong-buy" rating in a research report on Tuesday, August 13th. Robert W. Baird boosted their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. Finally, BMO Capital Markets increased their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a "market perform" rating in a research note on Friday, November 1st. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company 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.