Mn Services Vermogensbeheer B.V. Trims Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mn Services Vermogensbeheer B.V. reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,000 shares of the business services provider’s stock after selling 1,600 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Verisk Analytics were worth $15,364,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Brookstone Capital Management raised its stake in shares of Verisk Analytics by 1.2% in the second quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after purchasing an additional 41 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Verisk Analytics by 19.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after buying an additional 42 shares during the last quarter. Smithfield Trust Co lifted its stake in Verisk Analytics by 6.3% during the 4th quarter. Smithfield Trust Co now owns 727 shares of the business services provider’s stock valued at $175,000 after acquiring an additional 43 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Verisk Analytics by 2.9% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 1,533 shares of the business services provider’s stock valued at $361,000 after acquiring an additional 43 shares during the last quarter. Finally, Webster Bank N. A. boosted its holdings in shares of Verisk Analytics by 28.4% in the 1st quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 46 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 0.7 %

Shares of VRSK stock traded down $1.78 during trading hours on Friday, reaching $268.15. 435,503 shares of the stock were exchanged, compared to its average volume of 784,308. The firm has a market capitalization of $38.19 billion, a P/E ratio of 50.03, a P/E/G ratio of 3.42 and a beta of 0.84. The business’s fifty day moving average is $271.38 and its two-hundred day moving average is $251.26. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. During the same period in the prior year, the company posted $1.51 earnings per share. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.56 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Sunday, September 15th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date is Friday, September 13th. Verisk Analytics’s payout ratio is currently 29.10%.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $262.31, for a total transaction of $52,462.00. Following the completion of the sale, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total transaction of $88,743.72. Following the transaction, the insider now directly owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $262.31, for a total transaction of $52,462.00. Following the completion of the transaction, the chief financial officer now owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The disclosure for this sale can be found here. In the last three months, insiders have sold 726 shares of company stock valued at $196,682. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VRSK. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Morgan Stanley raised their price objective on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft increased their price target on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. UBS Group boosted their target price on shares of Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, July 9th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $268.00 price target on shares of Verisk Analytics in a research note on Thursday, August 1st. Eight research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Moderate Buy” and an average target price of $273.54.

Verisk Analytics Company 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.