TD Asset Management Inc Has $417.48 Million Holdings in Verisk Analytics, Inc. $VRSK

TD Asset Management Inc lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 12.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,340,238 shares of the business services provider’s stock after selling 197,375 shares during the quarter. TD Asset Management Inc owned approximately 0.96% of Verisk Analytics worth $417,484,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. NorthRock Partners LLC grew its holdings in shares of Verisk Analytics by 4.3% during the 2nd quarter. NorthRock Partners LLC now owns 2,210 shares of the business services provider’s stock worth $688,000 after purchasing an additional 92 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Verisk Analytics by 436.8% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 56,246 shares of the business services provider’s stock valued at $17,520,000 after buying an additional 45,768 shares in the last quarter. Sequoia Financial Advisors LLC boosted its stake in Verisk Analytics by 21.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 3,194 shares of the business services provider’s stock valued at $995,000 after buying an additional 555 shares in the last quarter. MGO One Seven LLC acquired a new stake in Verisk Analytics in the 2nd quarter valued at $520,000. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Verisk Analytics by 12.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 22,277 shares of the business services provider’s stock valued at $6,941,000 after buying an additional 2,533 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $242.08 on Tuesday. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The firm has a market cap of $33.82 billion, a P/E ratio of 37.30, a P/E/G ratio of 3.44 and a beta of 0.85. The business’s fifty day moving average is $258.45 and its two-hundred day moving average is $286.16. Verisk Analytics, Inc. has a 52 week low of $239.78 and a 52 week high of $322.92.

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

Verisk Analytics Announces Dividend

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

Insider Transactions at Verisk Analytics

In other news, insider Nicholas Daffan sold 5,420 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the transaction, the insider owned 54,337 shares of the company’s stock, valued at $14,399,305. This represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This trade represents a 1.37% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,220 shares of company stock worth $2,182,727. 0.46% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

VRSK has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Verisk Analytics in a research note on Wednesday, October 8th. UBS Group decreased their price target on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Wolfe Research initiated coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an “outperform” rating and a $320.00 price target on the stock. Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Morgan Stanley boosted their price target on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $311.00.

About Verisk Analytics

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.