Verisk Analytics, Inc. (NASDAQ:VRSK) Stake Lifted by Quest Partners LLC

Quest Partners LLC boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 423.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,392 shares of the business services provider's stock after buying an additional 5,979 shares during the quarter. Quest Partners LLC's holdings in Verisk Analytics were worth $1,981,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Marshall Financial Group LLC raised its holdings in shares of Verisk Analytics by 0.8% during the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider's stock valued at $1,322,000 after acquiring an additional 38 shares in the last quarter. Signaturefd LLC raised its stake in Verisk Analytics by 1.5% during the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider's stock valued at $693,000 after purchasing an additional 38 shares during the period. Brookstone Capital Management raised its stake in Verisk Analytics by 1.2% during the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider's stock valued at $982,000 after purchasing an additional 41 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Verisk Analytics by 19.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider's stock valued at $57,000 after buying an additional 42 shares in the last quarter. Finally, Ascent Group LLC grew its holdings in Verisk Analytics by 1.8% during the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider's stock valued at $664,000 after buying an additional 43 shares in the last quarter. Institutional investors own 90.00% of the company's stock.

Verisk Analytics Trading Up 0.5 %

Verisk Analytics stock traded up $1.28 during mid-day trading on Tuesday, hitting $281.64. The company's stock had a trading volume of 568,610 shares, compared to its average volume of 787,175. The firm has a market capitalization of $39.77 billion, a PE ratio of 44.04, a price-to-earnings-growth ratio of 3.52 and a beta of 0.86. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $291.42. 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 stock's fifty day moving average is $271.45 and its two-hundred day moving average is $267.37.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS 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 business had revenue of $725.30 million for the quarter, compared to analysts' expectations of $722.19 million. During the same quarter in the previous year, the firm earned $1.52 earnings per share. The business's revenue was up 7.0% compared to the same quarter last year. On average, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Friday, December 13th. Verisk Analytics's dividend payout ratio is presently 24.34%.

Analyst Ratings Changes

VRSK has been the subject of a number of research analyst reports. BMO Capital Markets raised their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a "market perform" rating in a research note on Friday, November 1st. Barclays lifted their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a research report on Friday, September 13th. Morgan Stanley lifted their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 31st. Robert W. Baird boosted their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an "outperform" rating in a research report on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Verisk Analytics from $280.00 to $282.00 and gave the stock a "hold" rating in a research note on Thursday, August 1st. Six research 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 stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $285.80.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the company's stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $280.71, for a total value of $280,710.00. Following the transaction, the chief executive officer now directly owns 53,163 shares of the company's stock, valued at $14,923,385.73. This represents a 1.85 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the company's stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,400 shares of company stock valued at $678,764. 0.40% of the stock is owned by corporate insiders.

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.