UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 4.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,478,422 shares of the business services provider’s stock after purchasing an additional 60,420 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Verisk Analytics were worth $265,421,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also made changes to their positions in VRSK. Mcguire Capital Advisors Inc. purchased a new stake in shares of Verisk Analytics during the 4th quarter valued at approximately $27,000. Osterweis Capital Management Inc. purchased a new position in Verisk Analytics in the second quarter worth approximately $28,000. Reflection Asset Management purchased a new position in Verisk Analytics in the fourth quarter worth approximately $30,000. Elyxium Wealth LLC purchased a new position in Verisk Analytics in the fourth quarter worth approximately $31,000. Finally, MCF Advisors LLC increased its stake 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 acquiring an additional 85 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Stock Up 1.0%
NASDAQ:VRSK opened at $193.78 on Tuesday. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $273.83. The stock’s fifty day moving average is $189.80 and its two-hundred day moving average is $185.61. The stock has a market capitalization of $25.22 billion, a price-to-earnings ratio of 29.77, a price-to-earnings-growth ratio of 2.15 and a beta of 0.67. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 10.42.
Verisk Analytics Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio is currently 30.72%.
Insider Buying and Selling at Verisk Analytics
In related news, CEO Lee Shavel sold 3,535 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90. Following the sale, the chief executive officer directly owned 98,490 shares of the company’s stock, valued at $19,396,620.60. This represents a 3.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $179.95, for a total transaction of $71,980.00. Following the sale, the chief financial officer owned 18,384 shares in the company, valued at approximately $3,308,200.80. This trade represents a 2.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 13,126 shares of company stock worth $2,564,156. 0.52% of the stock is currently owned by company insiders.
Analyst Ratings Changes
A number of equities research analysts have commented on the company. Robert W. Baird set a $247.00 target price on Verisk Analytics in a research report on Thursday, July 30th. UBS Group raised their price objective on Verisk Analytics from $220.00 to $235.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a report on Thursday, July 30th. Wells Fargo & Company upped their target price on shares of Verisk Analytics from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Verisk Analytics from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $236.27.
Get Our Latest Analysis on Verisk Analytics
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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