Mitsubishi UFJ Trust & Banking Corp Decreases Stake in Verisk Analytics, Inc. $VRSK

Mitsubishi UFJ Trust & Banking Corp cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,264 shares of the business services provider’s stock after selling 583 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of Verisk Analytics worth $27,183,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VRSK. Cullen Frost Bankers Inc. increased its holdings in shares of Verisk Analytics by 1.1% in the first quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock valued at $945,000 after purchasing an additional 35 shares during the period. UMB Bank n.a. boosted its position in Verisk Analytics by 0.4% in the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after buying an additional 35 shares during the last quarter. NBT Bank N A NY increased its holdings in Verisk Analytics by 11.4% in the 2nd quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after buying an additional 35 shares during the period. Tranquility Partners LLC increased its holdings in Verisk Analytics by 1.1% in the 2nd quarter. Tranquility Partners LLC now owns 3,231 shares of the business services provider’s stock worth $1,006,000 after buying an additional 35 shares during the period. Finally, Frank Rimerman Advisors LLC raised its position in Verisk Analytics by 3.3% during the 1st quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock worth $350,000 after buying an additional 38 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Rothschild & Co Redburn reiterated a “sell” rating and issued a $220.00 price objective (down previously from $280.00) on shares of Verisk Analytics in a research note on Thursday, October 16th. Rothschild Redb lowered shares of Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Morgan Stanley boosted their price objective on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Finally, Royal Bank Of Canada dropped their target price on Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating on the stock in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average target price of $282.14.

Insider Transactions at Verisk Analytics

In related news, Director Jeffrey J. Dailey purchased 500 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The stock was bought at an average price of $217.03 per share, with a total value of $108,515.00. Following the acquisition, the director owned 3,962 shares in the company, valued at $859,872.86. The trade was a 14.44% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total transaction of $72,669.00. Following the transaction, the chief financial officer owned 14,865 shares of the company’s stock, valued at $3,600,748.95. This represents a 1.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have acquired 1,450 shares of company stock worth $314,663 and have sold 7,120 shares worth $1,880,196. 0.46% of the stock is owned by insiders.

Verisk Analytics Price Performance

NASDAQ:VRSK opened at $215.84 on Friday. Verisk Analytics, Inc. has a 52 week low of $196.99 and a 52 week high of $322.92. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55. The stock has a market capitalization of $30.08 billion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. The stock’s 50-day moving average price is $237.93 and its 200-day moving average price is $275.26.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping analysts’ consensus estimates of $1.70 by $0.02. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. During the same quarter in the prior year, the firm posted $1.67 EPS. Verisk Analytics’s quarterly revenue was up 5.9% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

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.