Vinva Investment Management Ltd Has $3.28 Million Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Vinva Investment Management Ltd reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 37.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,414 shares of the business services provider's stock after selling 7,285 shares during the quarter. Vinva Investment Management Ltd's holdings in Verisk Analytics were worth $3,280,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VRSK. Janus Henderson Group PLC boosted its holdings in shares of Verisk Analytics by 131.6% in the 1st quarter. Janus Henderson Group PLC now owns 45,960 shares of the business services provider's stock worth $10,832,000 after acquiring an additional 26,115 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in Verisk Analytics by 29.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,623 shares of the business services provider's stock worth $383,000 after buying an additional 370 shares in the last quarter. Tidal Investments LLC lifted its holdings in Verisk Analytics by 164.0% during the 1st quarter. Tidal Investments LLC now owns 6,193 shares of the business services provider's stock worth $1,459,000 after buying an additional 3,847 shares in the last quarter. Comerica Bank lifted its holdings in Verisk Analytics by 3.4% during the 1st quarter. Comerica Bank now owns 34,857 shares of the business services provider's stock worth $8,217,000 after buying an additional 1,140 shares in the last quarter. Finally, Swedbank AB acquired a new position in Verisk Analytics during the 1st quarter worth $28,739,000. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Verisk Analytics

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

Verisk Analytics Trading Down 0.1 %

Shares of VRSK traded down $0.35 during trading hours on Friday, reaching $294.21. The stock had a trading volume of 363,154 shares, compared to its average volume of 781,597. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $296.58. The firm has a 50-day moving average of $275.42 and a 200 day moving average of $269.93. The company has a market cap of $41.55 billion, a P/E ratio of 45.90, a P/E/G ratio of 3.69 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings data 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 business 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 earned $1.52 EPS. The firm's quarterly revenue was up 7.0% on a year-over-year basis. On average, sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Evercore ISI reaffirmed an "in-line" rating and set a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a "hold" rating in a report on Thursday, August 1st. BMO Capital Markets upped their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a "market perform" rating in a report on Friday, November 1st. Robert W. Baird upped their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an "outperform" rating in a research report on Thursday, October 31st. Finally, Barclays upped their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a research report on Friday, September 13th. Six equities 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.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $285.80.

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.