PNC Financial Services Group Inc. grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 7.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,201 shares of the business services provider’s stock after purchasing an additional 3,994 shares during the period. PNC Financial Services Group Inc.’s holdings in Verisk Analytics were worth $11,613,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in the business. Mcguire Capital Advisors Inc. bought a new position in Verisk Analytics in the fourth quarter valued at $27,000. Osterweis Capital Management Inc. bought a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $28,000. Reflection Asset Management acquired a new stake in shares of Verisk Analytics in the 4th quarter valued at approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of Verisk Analytics in the 4th quarter valued at approximately $31,000. Finally, MCF Advisors LLC increased its holdings in Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after buying an additional 85 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Verisk Analytics Stock Up 4.2%
Shares of VRSK opened at $201.34 on Friday. The firm has a market cap of $26.38 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 2.25 and a beta of 0.69. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.02 and a current ratio of 1.02. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $300.93. The firm’s 50-day simple moving average is $182.41 and its 200 day simple moving average is $189.62.
Verisk Analytics Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.50 dividend. The ex-dividend date was Monday, June 15th. This represents a $2.00 annualized dividend and a yield of 1.0%. Verisk Analytics’s payout ratio is 30.44%.
Analyst Ratings Changes
A number of brokerages have commented on VRSK. JPMorgan Chase & Co. increased their price target on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Morgan Stanley set a $235.00 target price on shares of Verisk Analytics in a report on Thursday, April 30th. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the stock a “neutral” rating in a report on Thursday, June 18th. Bank of America cut their price objective on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $230.00 target price on shares of Verisk Analytics in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and an average price target of $234.87.
Get Our Latest Report on Verisk Analytics
Insider Buying and Selling at Verisk Analytics
In other Verisk Analytics news, Director Bruce Edward Hansen sold 2,336 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $174.99, for a total transaction of $408,776.64. Following the transaction, the director owned 15,868 shares in the company, valued at $2,776,741.32. This trade represents a 12.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction on Friday, May 15th. The stock was sold at an average price of $159.22, for a total value of $63,688.00. Following the sale, the chief financial officer directly owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This represents a 2.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,507 shares of company stock valued at $2,925,710 in the last ninety days. 0.52% of the stock is currently owned by corporate insiders.
Verisk Analytics Company Profile
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
Further Reading
- Five stocks we like better than Verisk Analytics
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
