PDS Planning Inc Takes Position in Verisk Analytics, Inc. $VRSK

PDS Planning Inc purchased a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 692 shares of the business services provider’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. boosted its stake in Verisk Analytics by 6.1% during the 2nd quarter. Blue Trust Inc. now owns 854 shares of the business services provider’s stock valued at $266,000 after purchasing an additional 49 shares during the period. Callan Family Office LLC acquired a new position in shares of Verisk Analytics during the second quarter worth approximately $1,300,000. Maryland State Retirement & Pension System boosted its position in shares of Verisk Analytics by 3.3% during the second quarter. Maryland State Retirement & Pension System now owns 6,802 shares of the business services provider’s stock worth $2,119,000 after buying an additional 215 shares during the period. WoodTrust Financial Corp boosted its position in shares of Verisk Analytics by 0.3% during the second quarter. WoodTrust Financial Corp now owns 25,282 shares of the business services provider’s stock worth $7,875,000 after buying an additional 84 shares during the period. Finally, NBT Bank N A NY boosted its position in shares of Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock worth $106,000 after buying an additional 35 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $242.08 on Tuesday. Verisk Analytics, Inc. has a twelve month low of $239.78 and a twelve month high of $322.92. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The company has a market capitalization of $33.82 billion, a price-to-earnings ratio of 37.30, a PEG ratio of 3.44 and a beta of 0.85. The firm has a 50-day moving average of $258.45 and a two-hundred day moving average of $286.16.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. During the same period in the prior year, the company earned $1.74 EPS. Verisk Analytics’s revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio is 27.73%.

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 300 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $254.72, for a total transaction of $76,416.00. Following the completion of the sale, the chief financial officer directly owned 15,165 shares of the company’s stock, valued at $3,862,828.80. This represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Christopher John Perry bought 1,000 shares of Verisk Analytics stock in a transaction dated Wednesday, August 13th. The shares were bought at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. The trade was a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 8,220 shares of company stock worth $2,182,727 over the last quarter. 0.46% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have issued reports on VRSK shares. Wells Fargo & Company reduced their price target on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a research report on Wednesday, September 17th. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Verisk Analytics in a report on Wednesday, October 8th. Morgan Stanley upped their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Finally, Wolfe Research assumed coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Verisk Analytics presently has a consensus rating of “Moderate Buy” and a consensus target price of $311.00.

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.