Asset Management One Co. Ltd. Sells 4,305 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Asset Management One Co. Ltd. lowered its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 121,344 shares of the business services provider’s stock after selling 4,305 shares during the period. Asset Management One Co. Ltd.’s holdings in Verisk Analytics were worth $20,692,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Lincoln National Corp bought a new position in Verisk Analytics during the third quarter worth $226,000. Grandfield & Dodd LLC grew its holdings in Verisk Analytics by 0.8% in the third quarter. Grandfield & Dodd LLC now owns 148,644 shares of the business services provider’s stock worth $25,350,000 after purchasing an additional 1,238 shares during the period. Ieq Capital LLC grew its holdings in Verisk Analytics by 94.8% in the third quarter. Ieq Capital LLC now owns 4,601 shares of the business services provider’s stock worth $785,000 after purchasing an additional 2,239 shares during the period. CIBC Asset Management Inc grew its holdings in Verisk Analytics by 4.0% in the third quarter. CIBC Asset Management Inc now owns 40,280 shares of the business services provider’s stock worth $6,869,000 after purchasing an additional 1,564 shares during the period. Finally, Creative Planning grew its holdings in Verisk Analytics by 23.0% in the third quarter. Creative Planning now owns 7,765 shares of the business services provider’s stock worth $1,324,000 after purchasing an additional 1,453 shares during the period. Institutional investors own 89.89% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, Director David B. Wright sold 4,000 shares of Verisk Analytics stock in a transaction dated Wednesday, November 30th. The shares were sold at an average price of $182.88, for a total value of $731,520.00. Following the sale, the director now owns 9,710 shares of the company’s stock, valued at $1,775,764.80. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.78% of the company’s stock.

Verisk Analytics Stock Down 1.1 %

Verisk Analytics stock opened at $183.35 on Wednesday. Verisk Analytics, Inc. has a fifty-two week low of $156.05 and a fifty-two week high of $222.11. The stock has a market cap of $28.67 billion, a PE ratio of 28.47, a price-to-earnings-growth ratio of 2.99 and a beta of 0.82. The firm’s 50-day simple moving average is $179.67 and its 200 day simple moving average is $181.52. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.46.

Verisk Analytics (NASDAQ:VRSKGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The business services provider reported $1.46 earnings per share for the quarter, hitting the consensus estimate of $1.46. The business had revenue of $745.30 million for the quarter, compared to analysts’ expectations of $757.80 million. Verisk Analytics had a net margin of 34.12% and a return on equity of 37.62%. During the same period in the previous year, the company earned $1.44 earnings per share. Research analysts predict that Verisk Analytics, Inc. will post 5.51 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Shareholders of record on Thursday, December 15th were given a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 0.68%. The ex-dividend date was Wednesday, December 14th. Verisk Analytics’s dividend payout ratio is 19.25%.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Barclays raised their price target on shares of Verisk Analytics from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Friday, December 2nd. Robert W. Baird reduced their price target on shares of Verisk Analytics from $220.00 to $201.00 in a report on Thursday, November 3rd. JPMorgan Chase & Co. reduced their price objective on shares of Verisk Analytics from $220.00 to $195.00 and set an “overweight” rating for the company in a report on Thursday, November 3rd. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Verisk Analytics from $227.00 to $195.00 and set a “buy” rating for the company in a report on Monday, October 24th. Finally, Morgan Stanley lifted their price objective on shares of Verisk Analytics from $170.00 to $181.00 and gave the company an “equal weight” rating in a report on Wednesday, January 4th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, Verisk Analytics presently has an average rating of “Hold” and an average price target of $196.36.

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.

See Also

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating).

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

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