Verisk Analytics, Inc. $VRSK Shares Acquired by Strs Ohio

Strs Ohio grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,345 shares of the business services provider’s stock after buying an additional 3,345 shares during the quarter. Strs Ohio’s holdings in Verisk Analytics were worth $12,567,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VRSK. DAVENPORT & Co LLC lifted its holdings in shares of Verisk Analytics by 17.3% in the 1st quarter. DAVENPORT & Co LLC now owns 6,388 shares of the business services provider’s stock valued at $1,901,000 after buying an additional 944 shares during the period. Private Trust Co. NA increased its holdings in Verisk Analytics by 10.2% in the first quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after buying an additional 36 shares in the last quarter. Teacher Retirement System of Texas increased its holdings in Verisk Analytics by 0.9% in the first quarter. Teacher Retirement System of Texas now owns 69,631 shares of the business services provider’s stock valued at $20,724,000 after buying an additional 634 shares in the last quarter. Calamos Advisors LLC increased its holdings in Verisk Analytics by 1.1% in the first quarter. Calamos Advisors LLC now owns 59,060 shares of the business services provider’s stock valued at $17,577,000 after buying an additional 656 shares in the last quarter. Finally, OneDigital Investment Advisors LLC purchased a new position in Verisk Analytics in the first quarter valued at about $280,000. 90.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VRSK. UBS Group dropped their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Morgan Stanley increased their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Rothschild & Co Redburn reaffirmed a “sell” rating and issued a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Barclays raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and dropped their target price for the company from $310.00 to $275.00 in a report on Thursday. Finally, Wells Fargo & Company dropped their target price on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $282.14.

Insider Activity

In other news, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the acquisition, the director directly owned 1,773 shares in the company, valued at $460,625.40. This represents a 129.37% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $242.23, for a total transaction of $72,669.00. Following the sale, the chief financial officer owned 14,865 shares of the company’s stock, valued at approximately $3,600,748.95. This trade represents a 1.98% 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 have sold 8,520 shares of company stock valued at $2,255,396. 0.46% of the stock is owned by corporate insiders.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $218.76 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $196.99 and a fifty-two week high of $322.92. The stock has a market cap of $30.56 billion, a price-to-earnings ratio of 33.35, a price-to-earnings-growth ratio of 2.75 and a beta of 0.85. The business has a fifty day moving average of $248.48 and a 200-day moving average of $280.38. The company has a quick ratio of 1.53, a current ratio of 1.19 and a debt-to-equity ratio of 8.55.

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 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 company had revenue of $768.30 million during the quarter, compared to analysts’ expectations of $776.04 million. During the same period in the previous year, the firm posted $1.67 earnings per share. The business’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. As a group, analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share 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. Stockholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s payout ratio is 27.44%.

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.