125 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Bought by CVA Family Office LLC

CVA Family Office LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 125 shares of the business services provider’s stock, valued at approximately $30,000.

Several other institutional investors also recently bought and sold shares of VRSK. Stratos Wealth Partners LTD. increased its stake in shares of Verisk Analytics by 36.2% in the third quarter. Stratos Wealth Partners LTD. now owns 1,332 shares of the business services provider’s stock worth $315,000 after purchasing an additional 354 shares during the period. Curbstone Financial Management Corp increased its stake in shares of Verisk Analytics by 0.5% in the third quarter. Curbstone Financial Management Corp now owns 10,130 shares of the business services provider’s stock worth $2,393,000 after purchasing an additional 50 shares during the period. Procyon Advisors LLC bought a new position in shares of Verisk Analytics in the third quarter worth about $349,000. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Verisk Analytics by 6.0% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 558,840 shares of the business services provider’s stock worth $132,020,000 after purchasing an additional 31,855 shares during the period. Finally, Schroder Investment Management Group increased its stake in shares of Verisk Analytics by 21.9% in the third quarter. Schroder Investment Management Group now owns 552,316 shares of the business services provider’s stock worth $130,479,000 after purchasing an additional 99,115 shares during the period. 90.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

VRSK has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $253.00 price objective (up from $252.00) on shares of Verisk Analytics in a research note on Friday, December 8th. Bank of America downgraded Verisk Analytics from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $270.00 to $260.00 in a research report on Monday, January 8th. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $250.00 price objective on shares of Verisk Analytics in a report on Tuesday. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $252.00.

Verisk Analytics Trading Up 0.8 %

Shares of VRSK stock opened at $235.73 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 8.85. The stock has a market cap of $33.80 billion, a P/E ratio of 55.99, a price-to-earnings-growth ratio of 2.88 and a beta of 0.79. The stock has a 50 day simple moving average of $241.38 and a 200 day simple moving average of $239.01. Verisk Analytics, Inc. has a 1 year low of $186.96 and a 1 year high of $251.98.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.04). The company had revenue of $677.20 million during the quarter, compared to the consensus estimate of $673.56 million. Verisk Analytics had a net margin of 22.92% and a return on equity of 305.15%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.43 earnings per share. On average, research analysts predict that Verisk Analytics, Inc. will post 6.48 earnings per share for the current fiscal year.

Verisk Analytics Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be paid a $0.39 dividend. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.34. This represents a $1.56 annualized dividend and a dividend yield of 0.66%. The ex-dividend date is Thursday, March 14th. Verisk Analytics’s payout ratio is 37.05%.

Verisk Analytics declared that its board has initiated a share buyback program on Wednesday, February 21st that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the business services provider to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other Verisk Analytics news, CAO David J. Grover sold 6,481 shares of the company’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $233.06, for a total transaction of $1,510,461.86. Following the completion of the sale, the chief accounting officer now directly owns 12,140 shares in the company, valued at $2,829,348.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,507 shares of the stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $249.25, for a total transaction of $375,619.75. Following the completion of the sale, the insider now directly owns 50,208 shares in the company, valued at approximately $12,514,344. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO David J. Grover sold 6,481 shares of the stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $233.06, for a total transaction of $1,510,461.86. Following the transaction, the chief accounting officer now directly owns 12,140 shares in the company, valued at approximately $2,829,348.40. The disclosure for this sale can be found here. Insiders sold 11,278 shares of company stock worth $2,662,515 over the last three months. Insiders own 1.31% of the company’s stock.

Verisk Analytics Company 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.