Tableaux LLC acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 48,479 shares of the business services provider’s stock, valued at approximately $15,101,000. Verisk Analytics makes up about 1.1% of Tableaux LLC’s holdings, making the stock its 10th biggest position.
Other large investors have also recently added to or reduced their stakes in the company. AlphaCore Capital LLC acquired a new stake in shares of Verisk Analytics during the second quarter worth $27,000. Mufg Securities Americas Inc. increased its position in Verisk Analytics by 24.0% during the second quarter. Mufg Securities Americas Inc. now owns 3,100 shares of the business services provider’s stock worth $966,000 after acquiring an additional 600 shares during the period. Evelyn Partners Investment Management LLP increased its position in Verisk Analytics by 360.8% during the second quarter. Evelyn Partners Investment Management LLP now owns 341 shares of the business services provider’s stock worth $106,000 after acquiring an additional 267 shares during the period. Journey Strategic Wealth LLC acquired a new stake in Verisk Analytics in the 2nd quarter worth about $546,000. Finally, Franklin Resources Inc. boosted its holdings in Verisk Analytics by 4.6% in the 2nd quarter. Franklin Resources Inc. now owns 1,333,337 shares of the business services provider’s stock valued at $415,334,000 after purchasing an additional 58,772 shares during the period. Institutional investors own 90.00% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on VRSK shares. JPMorgan Chase & Co. decreased their target price on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research report on Thursday, October 30th. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Friday, November 14th. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price target (down previously from $280.00) on shares of Verisk Analytics in a research report on Thursday, October 16th. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a research note on Wednesday. Finally, Evercore ISI cut their target price on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $282.14.
Verisk Analytics Stock Performance
Shares of Verisk Analytics stock opened at $223.16 on Friday. The stock has a market cap of $31.10 billion, a price-to-earnings ratio of 34.02, a P/E/G ratio of 2.75 and a beta of 0.84. Verisk Analytics, Inc. has a twelve month low of $196.99 and a twelve month high of $322.92. The company’s fifty day moving average is $233.51 and its 200 day moving average is $272.76. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last issued 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 firm had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. During the same period last year, the business posted $1.67 EPS. The business’s 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. Sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.
Verisk Analytics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio is presently 27.44%.
Insider Buying and Selling
In other Verisk Analytics news, Director Gregory Hendrick purchased 500 shares of the company’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the purchase, the director owned 2,536 shares of the company’s stock, valued at $548,131.04. This represents a 24.56% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey J. Dailey purchased 500 shares of Verisk Analytics stock in a transaction dated 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 completion of the transaction, the director owned 3,962 shares of the company’s stock, valued at $859,872.86. This represents a 14.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have bought 1,450 shares of company stock worth $314,663 and have sold 7,420 shares worth $1,889,171. Insiders own 0.46% of the company’s stock.
Verisk Analytics 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.
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