TD Waterhouse Canada Inc. Has $6.40 Million Stake in Verisk Analytics, Inc. $VRSK

TD Waterhouse Canada Inc. reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,483 shares of the business services provider’s stock after selling 1,084 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Verisk Analytics were worth $6,401,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Spurstone Advisory Services LLC bought a new position in shares of Verisk Analytics in the 2nd quarter worth about $29,000. NewSquare Capital LLC increased its holdings in Verisk Analytics by 69.0% in the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in Verisk Analytics by 62.7% in the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after buying an additional 42 shares during the period. SouthState Corp boosted its holdings in shares of Verisk Analytics by 88.1% during the 2nd quarter. SouthState Corp now owns 111 shares of the business services provider’s stock worth $35,000 after buying an additional 52 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $41,000. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on VRSK shares. Weiss Ratings restated a “hold (c)” rating on shares of Verisk Analytics in a report on Wednesday. The Goldman Sachs Group decreased their target price on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. JPMorgan Chase & Co. decreased their price objective on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Finally, Barclays upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and cut their target price for the stock from $310.00 to $275.00 in a report on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $282.14.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $221.88 on Friday. The company has a fifty day moving average price of $234.29 and a 200-day moving average price of $273.26. The firm has a market cap of $30.92 billion, a price-to-earnings ratio of 33.82, a PEG ratio of 2.75 and a beta of 0.84. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92.

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 the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Gregory Hendrick acquired 500 shares of the business’s stock in a transaction on Friday, October 31st. The shares were acquired at an average price of $216.14 per share, with a total value of $108,070.00. Following the completion of the transaction, the director owned 2,536 shares in the company, valued at approximately $548,131.04. This trade represents a 24.56% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $216.99, for a total value of $65,097.00. Following the sale, the chief financial officer directly owned 14,565 shares of the company’s stock, valued at approximately $3,160,459.35. This represents a 2.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders purchased 1,450 shares of company stock valued at $314,663 and sold 7,420 shares valued at $1,889,171. 0.46% of the stock is owned by insiders.

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.