Verisk Analytics, Inc. (NASDAQ:VRSK) Holdings Raised by Toronto Dominion Bank

Toronto Dominion Bank lifted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 2.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,150 shares of the business services provider's stock after purchasing an additional 2,253 shares during the period. Toronto Dominion Bank owned about 0.06% of Verisk Analytics worth $22,281,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. FMR LLC raised its position in shares of Verisk Analytics by 6.5% during the 3rd quarter. FMR LLC now owns 4,618,971 shares of the business services provider's stock worth $1,237,700,000 after acquiring an additional 283,653 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Verisk Analytics by 7.4% in the second quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider's stock valued at $436,204,000 after purchasing an additional 111,364 shares during the period. TD Asset Management Inc raised its position in Verisk Analytics by 5.5% during the 2nd quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider's stock worth $405,030,000 after buying an additional 78,008 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Verisk Analytics by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider's stock worth $297,491,000 after purchasing an additional 85,202 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Verisk Analytics by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider's stock valued at $214,676,000 after buying an additional 8,262 shares during the period. Institutional investors and hedge funds own 90.00% of the company's stock.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the company's stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the completion of the sale, the chief executive officer now directly owns 53,163 shares of the company's stock, valued at approximately $14,923,385.73. This represents a 1.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 200 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 $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 trade represents a 1.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,400 shares of company stock valued at $678,764. Company insiders own 0.40% of the company's stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several recent analyst reports. BMO Capital Markets raised their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a "market perform" rating in a research note on Friday, November 1st. Morgan Stanley upped their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an "equal weight" rating in a report on Thursday. Barclays raised their price objective on Verisk Analytics from $275.00 to $310.00 and gave the stock an "overweight" rating in a report on Friday, September 13th. Robert W. Baird boosted their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an "outperform" rating in a report on Thursday, October 31st. Finally, Royal Bank of Canada lifted their target price on Verisk Analytics from $268.00 to $300.00 and gave the company an "outperform" rating in a report on Thursday, October 17th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Verisk Analytics currently has an average rating of "Moderate Buy" and an average price target of $289.80.

Verisk Analytics Stock Performance

NASDAQ:VRSK traded down $1.56 during mid-day trading on Friday, hitting $283.35. The stock had a trading volume of 530,250 shares, compared to its average volume of 776,988. 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 50 day simple moving average of $279.25 and a 200-day simple moving average of $272.25. The stock has a market capitalization of $40.01 billion, a price-to-earnings ratio of 44.26, a P/E/G ratio of 3.57 and a beta of 0.87. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $296.58.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued 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 business had revenue of $725.30 million during the quarter, compared to the consensus estimate of $722.19 million. During the same period in the previous year, the firm posted $1.52 earnings per share. The business's revenue was up 7.0% on a year-over-year basis. On average, research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Verisk Analytics 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.