Valeo Financial Advisors LLC Has $220,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Valeo Financial Advisors LLC cut its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 817 shares of the business services provider’s stock after selling 107 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Verisk Analytics were worth $220,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. International Assets Investment Management LLC increased its stake in Verisk Analytics by 9,061.6% during the 4th quarter. International Assets Investment Management LLC now owns 26,752 shares of the business services provider’s stock worth $6,390,000 after purchasing an additional 26,460 shares in the last quarter. Prime Capital Investment Advisors LLC bought a new stake in Verisk Analytics during the 4th quarter worth approximately $247,000. Stratos Wealth Partners LTD. increased its stake in Verisk Analytics by 25.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,669 shares of the business services provider’s stock worth $399,000 after purchasing an additional 337 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in Verisk Analytics by 2.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 19,388 shares of the business services provider’s stock worth $4,631,000 after purchasing an additional 400 shares in the last quarter. Finally, RFG Advisory LLC increased its stake in Verisk Analytics by 3.2% during the 4th quarter. RFG Advisory LLC now owns 2,619 shares of the business services provider’s stock worth $626,000 after purchasing an additional 81 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Insider Transactions at Verisk Analytics

In other news, insider Nicholas Daffan sold 1,511 shares of the company’s stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $248.88, for a total value of $376,057.68. Following the completion of the transaction, the insider now owns 52,500 shares of the company’s stock, valued at $13,066,200. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total transaction of $88,743.72. Following the sale, the insider now directly owns 7,470 shares in the company, valued at $2,033,483.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Nicholas Daffan sold 1,511 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the sale, the insider now owns 52,500 shares in the company, valued at $13,066,200. The disclosure for this sale can be found here. Insiders sold a total of 2,237 shares of company stock valued at $572,739 over the last 90 days. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Trading Down 0.4 %

Shares of VRSK stock traded down $1.09 during trading hours on Friday, reaching $263.51. The company’s stock had a trading volume of 102,574 shares, compared to its average volume of 845,903. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13. The stock has a market capitalization of $37.53 billion, a P/E ratio of 49.37, a P/E/G ratio of 3.31 and a beta of 0.84. The firm’s fifty day simple moving average is $269.98 and its 200 day simple moving average is $249.53.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter in the previous year, the business earned $1.51 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. Equities research analysts expect that Verisk Analytics, Inc. will post 6.55 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Sunday, September 15th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.59%. The ex-dividend date is Friday, September 13th. Verisk Analytics’s dividend payout ratio is presently 29.10%.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of recent research reports. BMO Capital Markets reduced their price target on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Evercore ISI upped their price target on Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a research report on Tuesday, June 25th. Deutsche Bank Aktiengesellschaft upped their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Royal Bank of Canada reissued an “outperform” rating and issued a $268.00 price objective on shares of Verisk Analytics in a report on Thursday, August 1st. Finally, Robert W. Baird increased their price objective on Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $267.77.

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.