Universal Beteiligungs und Servicegesellschaft mbH decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 3.0% during the second quarter, HoldingsChannel.com reports. The firm owned 110,188 shares of the business services provider’s stock after selling 3,444 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Verisk Analytics were worth $34,324,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in VRSK. Spurstone Advisory Services LLC bought a new position in shares of Verisk Analytics in the second quarter worth about $29,000. NewSquare Capital LLC increased its position in shares of Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after acquiring an additional 40 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 42 shares in the last quarter. SouthState Corp increased its holdings in 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 purchasing an additional 52 shares during the period. Finally, Trust Co. of Toledo NA OH bought a new stake in Verisk Analytics during the 2nd quarter valued at $41,000. 90.00% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. Wolfe Research initiated coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target on the stock. Seaport Res Ptn raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Rothschild & Co Redburn reissued a “sell” rating and set a $220.00 price objective (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Morgan Stanley increased their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company cut their price target on Verisk Analytics from $334.00 to $300.00 and set an “overweight” 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $282.14.
Verisk Analytics Trading Up 1.5%
NASDAQ VRSK opened at $219.10 on Tuesday. The firm has a market cap of $30.54 billion, a PE ratio of 33.40, a price-to-earnings-growth ratio of 2.75 and a beta of 0.84. 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 company has a 50 day moving average price of $236.85 and a 200 day moving average price of $274.46.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last released its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) 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 analyst estimates of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The business’s revenue for the quarter was up 5.9% on a year-over-year basis. 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, sell-side analysts forecast 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. Shareholders of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.
Insider Buying and Selling at Verisk Analytics
In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the transaction, the insider owned 54,337 shares in the company, valued at approximately $14,399,305. This represents a 9.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gregory Hendrick purchased 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average cost of $216.14 per share, with a total value of $108,070.00. Following the acquisition, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. The trade was a 24.56% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 1,450 shares of company stock valued at $314,663 and have sold 6,020 shares valued at $1,585,385. Insiders own 0.46% of the company’s stock.
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.
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