Verisk Analytics, Inc. $VRSK Stock Holdings Decreased by Intech Investment Management LLC

by · The Cerbat Gem

Intech Investment Management LLC lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 17.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,497 shares of the business services provider’s stock after selling 4,640 shares during the quarter. Intech Investment Management LLC’s holdings in Verisk Analytics were worth $6,696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. UMB Bank n.a. lifted its holdings in shares of Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after purchasing an additional 35 shares in the last quarter. NBT Bank N A NY raised its position in Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after buying an additional 35 shares during the period. Tranquility Partners LLC lifted its stake in Verisk Analytics by 1.1% in the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after acquiring an additional 35 shares in the last quarter. Frank Rimerman Advisors LLC boosted its position in Verisk Analytics by 3.3% during the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after acquiring an additional 38 shares during the period. Finally, EWA LLC boosted its position in Verisk Analytics by 3.6% during the 2nd quarter. EWA LLC now owns 1,105 shares of the business services provider’s stock worth $344,000 after acquiring an additional 38 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of VRSK opened at $215.84 on Monday. The company’s fifty day moving average is $237.93 and its 200-day moving average is $274.99. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92. The firm has a market cap of $30.08 billion, a price-to-earnings ratio of 32.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.

Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. Verisk Analytics’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a $0.45 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is currently 27.44%.

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total transaction of $72,669.00. Following the transaction, the chief financial officer owned 14,865 shares of the company’s stock, valued at approximately $3,600,748.95. This represents a 1.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Jeffrey J. Dailey acquired 500 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the completion of the purchase, the director directly owned 3,962 shares in the company, valued at $859,872.86. This represents a 14.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 6,020 shares worth $1,585,385. Insiders own 0.46% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on VRSK. UBS Group dropped their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Rothschild Redb downgraded shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 16th. Royal Bank Of Canada decreased their target price on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lowered their price target for the company from $310.00 to $275.00 in a report on Thursday, October 30th. Finally, Rothschild & Co Redburn reiterated a “sell” rating and set a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $282.14.

Get Our Latest Stock Analysis on VRSK

About Verisk Analytics

(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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