Meiji Yasuda Asset Management Co Ltd. acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,883 shares of the business services provider’s stock, valued at approximately $3,031,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in VRSK. Mcguire Capital Advisors Inc. acquired a new stake in shares of Verisk Analytics in the 4th quarter valued at approximately $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics in the second quarter valued at approximately $28,000. Reflection Asset Management acquired a new position in Verisk Analytics during the fourth quarter worth $30,000. Elyxium Wealth LLC acquired a new position in Verisk Analytics during the fourth quarter worth $31,000. Finally, MCF Advisors LLC raised its position in Verisk Analytics by 141.7% in the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after acquiring an additional 85 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Stock Performance
Shares of VRSK stock opened at $189.55 on Tuesday. The stock has a fifty day moving average price of $188.17 and a 200 day moving average price of $185.24. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $24.67 billion, a PE ratio of 29.12, a P/E/G ratio of 2.10 and a beta of 0.67. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $273.83.
Verisk Analytics Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.50 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. Verisk Analytics’s payout ratio is currently 30.72%.
Analysts Set New Price Targets
VRSK has been the subject of a number of recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Evercore set a $223.00 price target on shares of Verisk Analytics in a research note on Thursday, July 30th. Morgan Stanley set a $235.00 price target on shares of Verisk Analytics in a report on Thursday, April 30th. Wells Fargo & Company raised their price objective on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $247.00 price objective on shares of Verisk Analytics in a report on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $236.27.
Check Out Our Latest Research Report on Verisk Analytics
Insider Transactions at Verisk Analytics
In other Verisk Analytics news, CFO Elizabeth Mann sold 400 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total transaction of $71,980.00. Following the completion of the transaction, the chief financial officer directly owned 18,384 shares in the company, valued at approximately $3,308,200.80. This trade represents a 2.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kathy Card Beckles sold 2,020 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $195.49, for a total transaction of $394,889.80. Following the transaction, the insider owned 11,516 shares of the company’s stock, valued at $2,251,262.84. This trade represents a 14.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 22,227 shares of company stock worth $4,174,599 in the last 90 days. Insiders own 0.52% of the company’s stock.
Verisk Analytics 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.
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