Thrivent Financial for Lutherans Has $33.12 Million Position in Verisk Analytics, Inc. $VRSK

Thrivent Financial for Lutherans raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,308 shares of the business services provider’s stock after purchasing an additional 6,097 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Verisk Analytics were worth $33,115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. Norges Bank bought a new position in shares of Verisk Analytics in the second quarter valued at about $556,192,000. Ameriprise Financial Inc. boosted its holdings in shares of Verisk Analytics by 631.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock worth $422,676,000 after buying an additional 1,221,798 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Verisk Analytics by 35.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock valued at $492,182,000 after buying an additional 434,053 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Verisk Analytics by 49.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,139,913 shares of the business services provider’s stock valued at $339,261,000 after acquiring an additional 377,614 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its position in Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock worth $507,219,000 after acquiring an additional 283,238 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Sabra R. Purtill bought 450 shares of Verisk Analytics stock in a transaction on Friday, October 31st. The shares were purchased at an average price of $217.95 per share, with a total value of $98,077.50. Following the acquisition, the director owned 1,327 shares in the company, valued at $289,219.65. This trade represents a 51.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.99, for a total value of $238,689.00. Following the transaction, the chief executive officer directly owned 77,807 shares of the company’s stock, valued at $16,883,340.93. This trade represents a 1.39% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have acquired 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $376,455. Insiders own 0.46% of the company’s stock.

Verisk Analytics Stock Performance

VRSK opened at $218.23 on Tuesday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92. The firm has a market cap of $30.42 billion, a P/E ratio of 33.27, a price-to-earnings-growth ratio of 3.41 and a beta of 0.81. The business’s fifty day moving average is $225.03 and its 200-day moving average is $262.23.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, beating 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 business had revenue of $768.30 million during the quarter, compared to the consensus estimate of $776.04 million. During the same quarter in the previous year, the firm earned $1.67 earnings per share. Verisk Analytics’s revenue for the quarter 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 expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company 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. 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 (DPR) is currently 27.44%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research report on Monday, December 8th. Evercore ISI reduced their price target on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research note on Thursday, October 30th. Wolfe Research initiated coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price objective on the stock. JPMorgan Chase & Co. decreased their price target on shares of Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and dropped their price objective for the stock from $310.00 to $275.00 in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average target price of $282.14.

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.