Moody National Bank Trust Division Takes $299,000 Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Moody National Bank Trust Division purchased a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,728 shares of the business services provider’s stock, valued at approximately $299,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vigilant Capital Management LLC increased its holdings in shares of Verisk Analytics by 776.0% during the second quarter. Vigilant Capital Management LLC now owns 109,849 shares of the business services provider’s stock valued at $19,014,000 after acquiring an additional 97,309 shares in the last quarter. Amalgamated Bank increased its holdings in shares of Verisk Analytics by 0.6% during the first quarter. Amalgamated Bank now owns 43,857 shares of the business services provider’s stock valued at $9,413,000 after acquiring an additional 281 shares in the last quarter. Markel Corp increased its holdings in shares of Verisk Analytics by 3.4% during the first quarter. Markel Corp now owns 76,500 shares of the business services provider’s stock valued at $16,420,000 after acquiring an additional 2,500 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Verisk Analytics by 16.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 141,913 shares of the business services provider’s stock valued at $30,459,000 after acquiring an additional 19,613 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in shares of Verisk Analytics by 55.3% during the first quarter. EP Wealth Advisors LLC now owns 2,659 shares of the business services provider’s stock valued at $571,000 after acquiring an additional 947 shares in the last quarter. 91.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on VRSK shares. Robert W. Baird raised their price target on Verisk Analytics from $215.00 to $220.00 in a report on Thursday, August 4th. Raymond James reduced their price objective on Verisk Analytics from $220.00 to $215.00 and set an “outperform” rating for the company in a report on Thursday, August 4th. Barclays reduced their price objective on Verisk Analytics from $220.00 to $200.00 and set an “overweight” rating for the company in a report on Friday, July 1st. BMO Capital Markets lifted their price objective on Verisk Analytics from $186.00 to $200.00 and gave the stock a “market perform” rating in a report on Thursday, August 4th. Finally, Royal Bank of Canada reduced their price objective on Verisk Analytics from $227.00 to $210.00 and set an “outperform” rating for the company in a report on Wednesday, June 29th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $216.18.

Insiders Place Their Bets

In other Verisk Analytics news, Director Therese M. Vaughan sold 932 shares of the stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of $192.30, for a total value of $179,223.60. Following the transaction, the director now directly owns 13,021 shares in the company, valued at $2,503,938.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Samuel G. Liss sold 587 shares of the firm’s stock in a transaction on Thursday, August 11th. The shares were sold at an average price of $202.24, for a total transaction of $118,714.88. Following the sale, the director now directly owns 67,352 shares in the company, valued at approximately $13,621,268.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Therese M. Vaughan sold 932 shares of the firm’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $192.30, for a total transaction of $179,223.60. Following the sale, the director now owns 13,021 shares in the company, valued at $2,503,938.30. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,648 shares of company stock worth $933,186. Company insiders own 1.78% of the company’s stock.

Verisk Analytics Stock Down 0.1 %

VRSK opened at $184.25 on Tuesday. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.99. Verisk Analytics, Inc. has a 1-year low of $156.05 and a 1-year high of $231.57. The company has a market capitalization of $28.92 billion, a PE ratio of 28.43, a PEG ratio of 2.88 and a beta of 0.84. The firm’s 50 day simple moving average is $190.05 and its two-hundred day simple moving average is $189.35.

Verisk Analytics (NASDAQ:VRSKGet Rating) last released its quarterly earnings results on Tuesday, August 2nd. The business services provider reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.12. Verisk Analytics had a net margin of 34.37% and a return on equity of 35.21%. During the same period in the prior year, the firm earned $1.17 EPS. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 5.78 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, September 14th. This represents a $1.24 annualized dividend and a yield of 0.67%. Verisk Analytics’s payout ratio is presently 19.14%.

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.

Further Reading

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

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