TD Asset Management Inc lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 51.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 645,330 shares of the business services provider’s stock after selling 694,908 shares during the quarter. TD Asset Management Inc owned about 0.46% of Verisk Analytics worth $162,307,000 as of its most recent filing with the SEC.
Several other large investors also recently made changes to their positions in VRSK. STF Management LP raised its holdings in shares of Verisk Analytics by 1.8% in the second quarter. STF Management LP now owns 2,119 shares of the business services provider’s stock valued at $660,000 after buying an additional 38 shares during the last quarter. NewSquare Capital LLC increased its position in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock valued at $31,000 after acquiring an additional 40 shares in the last quarter. Hantz Financial Services Inc. increased its position in Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 42 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Verisk Analytics by 1.1% in the first quarter. NewEdge Advisors LLC now owns 4,232 shares of the business services provider’s stock worth $1,259,000 after acquiring an additional 44 shares during the last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd raised its stake in shares of Verisk Analytics by 1.7% in the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 2,937 shares of the business services provider’s stock worth $915,000 after acquiring an additional 48 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Verisk Analytics Stock Performance
VRSK stock opened at $195.82 on Thursday. Verisk Analytics, Inc. has a twelve month low of $164.60 and a twelve month high of $322.92. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 10.42. The company has a market cap of $27.01 billion, a P/E ratio of 30.17, a price-to-earnings-growth ratio of 2.48 and a beta of 0.79. The business’s fifty day moving average is $207.48 and its 200-day moving average is $228.74.
Verisk Analytics Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 13th will be paid a $0.50 dividend. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.45. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is currently 27.73%.
Verisk Analytics announced that its Board of Directors has approved a stock buyback program on Wednesday, February 18th that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the business services provider to buy up to 10.1% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its stock is undervalued.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on VRSK. Wall Street Zen raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Sunday, January 25th. The Goldman Sachs Group reduced their price objective on Verisk Analytics from $239.00 to $206.00 and set a “neutral” rating on the stock in a report on Thursday, February 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Argus downgraded Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $240.86.
Get Our Latest Analysis on VRSK
Insider Buying and Selling
In related news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $219.54, for a total value of $65,862.00. Following the sale, the chief financial officer directly owned 14,265 shares in the company, valued at $3,131,738.10. This trade represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Christopher John Perry acquired 1,000 shares of Verisk Analytics stock in a transaction that occurred on Friday, February 20th. The shares were purchased at an average cost of $180.00 per share, for a total transaction of $180,000.00. Following the purchase, the director directly owned 2,994 shares in the company, valued at $538,920. The trade was a 50.15% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.46% of the company’s stock.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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