Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 13.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,050 shares of the business services provider’s stock after selling 168 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Verisk Analytics were worth $225,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Verisk Analytics by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 17,234,953 shares of the business services provider’s stock valued at $3,699,137,000 after purchasing an additional 210,957 shares during the last quarter. BlackRock Inc. grew its holdings in Verisk Analytics by 3.9% in the 1st quarter. BlackRock Inc. now owns 12,140,927 shares of the business services provider’s stock valued at $2,605,808,000 after buying an additional 456,834 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Verisk Analytics by 1.3% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 7,394,986 shares of the business services provider’s stock valued at $1,587,186,000 after buying an additional 92,925 shares in the last quarter. State Street Corp grew its holdings in Verisk Analytics by 0.9% in the 4th quarter. State Street Corp now owns 6,897,297 shares of the business services provider’s stock valued at $1,577,619,000 after buying an additional 60,460 shares in the last quarter. Finally, Parnassus Investments LLC grew its holdings in Verisk Analytics by 316.4% in the 1st quarter. Parnassus Investments LLC now owns 4,821,749 shares of the business services provider’s stock valued at $1,034,892,000 after buying an additional 3,663,826 shares in the last quarter. 91.19% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $184.43 on Friday. The business has a 50-day moving average of $190.05 and a 200 day moving average of $189.25. Verisk Analytics, Inc. has a 12 month low of $156.05 and a 12 month high of $231.57. The stock has a market capitalization of $28.95 billion, a price-to-earnings ratio of 28.46, a price-to-earnings-growth ratio of 2.87 and a beta of 0.84. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.56 and a quick ratio of 0.56.

Verisk Analytics (NASDAQ:VRSKGet Rating) last announced its earnings results on Tuesday, August 2nd. The business services provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. Verisk Analytics had a return on equity of 35.21% and a net margin of 34.37%. During the same quarter in the previous year, the business posted $1.17 earnings per share. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 5.78 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Wednesday, September 14th. Verisk Analytics’s dividend payout ratio (DPR) is 19.14%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Barclays dropped their target price on Verisk Analytics from $220.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, July 1st. Royal Bank of Canada dropped their target price on Verisk Analytics from $227.00 to $210.00 and set an “outperform” rating for the company in a report on Wednesday, June 29th. Robert W. Baird increased their price target on Verisk Analytics from $215.00 to $220.00 in a report on Thursday, August 4th. StockNews.com cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Thursday, August 11th. Finally, BMO Capital Markets increased their price target on Verisk Analytics from $186.00 to $200.00 and gave the stock a “market perform” rating in a report on Thursday, August 4th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, Verisk Analytics presently has a consensus rating of “Moderate Buy” and a consensus target price of $216.18.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Therese M. Vaughan sold 629 shares of the stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $199.22, for a total value of $125,309.38. Following the sale, the director now owns 11,064 shares of the company’s stock, valued at approximately $2,204,170.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Verisk Analytics news, Director Therese M. Vaughan sold 932 shares of the stock in a transaction dated Friday, September 9th. The stock was sold at an average price of $192.30, for a total value of $179,223.60. Following the sale, the director now owns 13,021 shares of the company’s stock, valued at approximately $2,503,938.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Therese M. Vaughan sold 629 shares of the stock in a transaction dated Tuesday, August 9th. The shares were sold at an average price of $199.22, for a total value of $125,309.38. Following the completion of the sale, the director now directly owns 11,064 shares in the company, valued at approximately $2,204,170.08. The disclosure for this sale can be found here. Insiders have sold 4,648 shares of company stock valued at $933,186 in the last quarter. Corporate insiders own 1.78% of the company’s stock.

Verisk Analytics Company Profile

(Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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