BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 111.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,681 shares of the business services provider's stock after buying an additional 13,010 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.'s holdings in Verisk Analytics were worth $6,614,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in Verisk Analytics by 72.4% in the first quarter. Advisors Asset Management Inc. now owns 2,464 shares of the business services provider's stock worth $581,000 after purchasing an additional 1,035 shares during the last quarter. PEAK6 Investments LLC bought a new stake in shares of Verisk Analytics during the 1st quarter worth approximately $495,000. BOKF NA boosted its holdings in Verisk Analytics by 2.1% during the 1st quarter. BOKF NA now owns 5,852 shares of the business services provider's stock valued at $1,362,000 after acquiring an additional 119 shares during the period. Captrust Financial Advisors grew its position in Verisk Analytics by 565.2% in the 1st quarter. Captrust Financial Advisors now owns 79,729 shares of the business services provider's stock valued at $18,795,000 after acquiring an additional 67,744 shares during the last quarter. Finally, Silvercrest Asset Management Group LLC increased its stake in Verisk Analytics by 35.6% in the first quarter. Silvercrest Asset Management Group LLC now owns 15,895 shares of the business services provider's stock worth $3,747,000 after purchasing an additional 4,169 shares during the period. Hedge funds and other institutional investors own 90.00% of the company's stock.
Insider Activity at Verisk Analytics
In other news, CFO Elizabeth Mann sold 200 shares of the business's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now directly owns 15,808 shares of the company's stock, valued at $4,289,184.64. The trade was a 1.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the firm'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 $286,490.00. Following the completion of the transaction, the chief executive officer now owns 54,163 shares of the company's stock, valued at $15,517,157.87. This trade represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,400 shares of company stock valued at $678,764 in the last ninety days. Corporate insiders own 0.40% of the company's stock.
Verisk Analytics Stock Up 0.3 %
Shares of VRSK stock traded up $0.76 during mid-day trading on Monday, hitting $291.49. 709,062 shares of the stock traded hands, compared to its average volume of 785,657. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $293.19. The stock has a market cap of $41.16 billion, a P/E ratio of 45.47, a P/E/G ratio of 3.64 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The stock's fifty day moving average is $273.11 and its two-hundred day moving average is $268.91.
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, beating analysts' consensus estimates of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company had revenue of $725.30 million during the quarter, compared to analysts' expectations of $722.19 million. During the same quarter in the prior year, the company posted $1.52 earnings per share. Verisk Analytics's revenue for the quarter was up 7.0% compared to the same quarter last year. Equities analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.
Verisk Analytics Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.54%. Verisk Analytics's dividend payout ratio (DPR) is 24.34%.
Analyst Ratings Changes
A number of research analysts have recently commented on VRSK shares. BMO Capital Markets upped their price target 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. Barclays upped their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an "overweight" rating in a research note on Friday, September 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a "hold" rating in a research note on Thursday, August 1st. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an "outperform" rating in a research note on Thursday, October 31st. Finally, 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. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $285.80.
Read Our Latest Stock Analysis on VRSK
Verisk Analytics Profile
(
Free Report)
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.
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