Clarius Group LLC Decreases Holdings in Verisk Analytics, Inc. $VRSK

Clarius Group LLC lowered its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.6% during the second quarter, HoldingsChannel.com reports. The fund owned 857 shares of the business services provider’s stock after selling 61 shares during the quarter. Clarius Group LLC’s holdings in Verisk Analytics were worth $267,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in shares of Verisk Analytics during the 1st quarter worth $508,611,000. Ameriprise Financial Inc. raised its position in Verisk Analytics by 631.0% during the first quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider’s stock worth $422,676,000 after acquiring an additional 1,221,798 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Verisk Analytics by 36.0% in the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock valued at $669,958,000 after purchasing an additional 596,225 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Verisk Analytics by 35.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider’s stock valued at $492,182,000 after purchasing an additional 434,053 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Verisk Analytics by 52.7% during the 1st quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider’s stock worth $339,586,000 after purchasing an additional 393,668 shares in the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Elizabeth Mann sold 300 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $254.72, for a total value of $76,416.00. Following the completion of the sale, the chief financial officer owned 15,165 shares in the company, valued at approximately $3,862,828.80. This trade represents a 1.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Christopher John Perry purchased 1,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, August 13th. The shares were bought at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the transaction, 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 disclosure for this purchase can be found here. Insiders sold 8,520 shares of company stock worth $2,273,891 over the last three months. 0.46% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

VRSK has been the topic of a number of analyst reports. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a report on Wednesday, October 1st. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research note on Monday, August 4th. Wells Fargo & Company cut their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating for the company in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Verisk Analytics in a report on Saturday, September 27th. Finally, Morgan Stanley lifted their price target on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a report on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Verisk Analytics presently has an average rating of “Moderate Buy” and an average price target of $311.00.

Verisk Analytics Stock Down 1.6%

Shares of NASDAQ:VRSK opened at $245.07 on Tuesday. The stock has a market capitalization of $34.24 billion, a P/E ratio of 37.76, a PEG ratio of 3.53 and a beta of 0.85. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. Verisk Analytics, Inc. has a 1 year low of $239.83 and a 1 year high of $322.92. The stock has a 50-day simple moving average of $261.89 and a 200-day simple moving average of $287.84.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $767.91 million. During the same quarter in the prior year, the business earned $1.74 earnings per share. The business’s quarterly revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid 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 payout ratio is currently 27.73%.

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.