First Hawaiian Bank Has $2.97 Million Stake in Verisk Analytics, Inc. $VRSK

First Hawaiian Bank raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.0% during the first quarter, Holdings Channel reports. The firm owned 9,974 shares of the business services provider’s stock after purchasing an additional 292 shares during the period. First Hawaiian Bank’s holdings in Verisk Analytics were worth $2,968,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Louisbourg Investments Inc. acquired a new position in shares of Verisk Analytics in the 1st quarter worth approximately $25,000. Global Financial Private Client LLC lifted its position in shares of Verisk Analytics by 966.7% in the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock worth $38,000 after purchasing an additional 116 shares during the period. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics in the 1st quarter worth approximately $48,000. GW&K Investment Management LLC lifted its position in shares of Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Verisk Analytics in the 1st quarter worth approximately $52,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of VRSK opened at $266.24 on Friday. The business’s fifty day moving average is $279.84 and its 200 day moving average is $293.15. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The stock has a market cap of $37.20 billion, a P/E ratio of 41.02, a P/E/G ratio of 3.73 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The business had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter in the previous year, the business posted $1.74 EPS. Verisk Analytics’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics’s dividend payout ratio is presently 27.73%.

Insider Activity

In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the transaction, the insider owned 9,319 shares in the company, valued at approximately $2,803,714.34. This represents a 3.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer owned 78,907 shares in the company, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 13,965 shares of company stock valued at $3,925,916. 0.46% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent analyst reports. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. UBS Group dropped their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Wolfe Research initiated coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price on the stock. Finally, Morgan Stanley boosted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $306.91.

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.