Pacer Advisors Inc. raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 13.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,954 shares of the business services provider’s stock after purchasing an additional 9,887 shares during the period. Pacer Advisors Inc.’s holdings in Verisk Analytics were worth $15,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Oppenheimer Asset Management Inc. raised its holdings in shares of Verisk Analytics by 25.6% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock valued at $20,249,000 after purchasing an additional 18,461 shares in the last quarter. OFI Invest Asset Management lifted its position in shares of Verisk Analytics by 7,265.5% during the 4th quarter. OFI Invest Asset Management now owns 31,156 shares of the business services provider’s stock worth $6,969,000 after purchasing an additional 30,733 shares during the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Verisk Analytics by 620.0% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,721 shares of the business services provider’s stock worth $2,398,000 after purchasing an additional 9,232 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Verisk Analytics by 13.6% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 68,547 shares of the business services provider’s stock worth $15,333,000 after purchasing an additional 8,181 shares in the last quarter. Finally, Boston Trust Walden Corp increased its holdings in Verisk Analytics by 441.5% in the fourth quarter. Boston Trust Walden Corp now owns 44,185 shares of the business services provider’s stock valued at $9,884,000 after buying an additional 36,025 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.
Verisk Analytics Price Performance
Shares of VRSK opened at $192.80 on Wednesday. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.01 and a quick ratio of 1.01. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $276.19. The stock has a market cap of $25.09 billion, a PE ratio of 29.62, a price-to-earnings-growth ratio of 2.23 and a beta of 0.67. The firm has a fifty day moving average price of $186.71 and a 200 day moving average price of $188.37.
Verisk Analytics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.50 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 dividend on an annualized basis and a yield of 1.0%. Verisk Analytics’s payout ratio is currently 30.72%.
Analyst Ratings Changes
A number of research firms have weighed in on VRSK. Rothschild & Co Redburn set a $185.00 price target on Verisk Analytics and gave the company a “neutral” rating in a research note on Thursday, June 18th. Morgan Stanley set a $235.00 price objective on Verisk Analytics in a research report on Thursday, April 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Weiss Ratings raised Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, Wells Fargo & Company boosted their target price on Verisk Analytics from $240.00 to $260.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, Verisk Analytics has a consensus rating of “Moderate Buy” and a consensus price target of $236.27.
View Our Latest Report on Verisk Analytics
Insiders Place Their Bets
In other news, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction on Friday, May 15th. The shares were sold at an average price of $159.22, for a total value of $63,688.00. Following the transaction, the chief financial officer directly owned 19,584 shares of the company’s stock, valued at $3,118,164.48. The trade was a 2.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bruce Edward Hansen sold 2,336 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $174.99, for a total transaction of $408,776.64. Following the completion of the sale, the director owned 15,868 shares of the company’s stock, valued at approximately $2,776,741.32. This trade represents a 12.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 24,562 shares of company stock valued at $4,566,783. 0.52% of the stock is owned by insiders.
About Verisk Analytics
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.
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