UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 27,966 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 2.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 986,663 shares of the business services provider's stock after selling 27,966 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.70% of Verisk Analytics worth $264,386,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new position in shares of Verisk Analytics during the second quarter worth $31,000. Chilton Capital Management LLC acquired a new stake in Verisk Analytics in the second quarter valued at $34,000. Ashton Thomas Securities LLC acquired a new stake in shares of Verisk Analytics in the 3rd quarter valued at about $34,000. Rothschild Investment LLC bought a new position in shares of Verisk Analytics during the second quarter worth about $41,000. Finally, Kings Path Partners LLC acquired a new position in Verisk Analytics in the second quarter worth about $46,000. Hedge funds and other institutional investors own 90.00% of the company's stock.

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the business's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $286,490.00. Following the transaction, the chief executive officer now owns 54,163 shares in the company, valued at $15,517,157.87. The trade was a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the firm's stock in a transaction dated Friday, November 15th. The stock was 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 of the company's stock, valued at $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,400 shares of company stock worth $678,764. 0.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Barclays upped their price objective on Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a research note on Friday, September 13th. Wells Fargo & Company upgraded shares of Verisk Analytics to a "strong-buy" rating in a research note on Tuesday, August 13th. Evercore ISI reiterated an "in-line" rating and set a $279.00 price objective on shares of Verisk Analytics in a research report on Wednesday, October 2nd. 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, BMO Capital Markets upped their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a "market perform" rating in a report on Friday, November 1st. 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 stock. According to MarketBeat, Verisk Analytics currently has an average rating of "Moderate Buy" and a consensus target price of $285.80.

Verisk Analytics Price Performance

VRSK stock traded down $0.35 on Friday, hitting $294.21. 363,155 shares of the company's stock traded hands, compared to its average volume of 601,890. The stock has a market cap of $41.55 billion, a price-to-earnings ratio of 45.90, a P/E/G ratio of 3.69 and a beta of 0.86. 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 has a fifty day moving average of $275.42 and a 200-day moving average of $269.93. 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 posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company earned $1.52 EPS. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. On average, analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, December 13th. Verisk Analytics's dividend payout ratio is currently 24.34%.

About Verisk Analytics

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.