Verum Partners LLC Has $595,000 Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Verum Partners LLC trimmed its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 10.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,221 shares of the business services provider’s stock after selling 268 shares during the period. Verum Partners LLC’s holdings in Verisk Analytics were worth $595,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VRSK. OFI Invest Asset Management bought a new position in Verisk Analytics during the first quarter worth $28,000. International Assets Investment Management LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at about $31,000. Chilton Capital Management LLC bought a new position in Verisk Analytics in the 2nd quarter valued at about $34,000. Riverview Trust Co acquired a new stake in Verisk Analytics during the first quarter worth approximately $40,000. Finally, Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the second quarter worth approximately $41,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Price Performance

NASDAQ VRSK traded up $0.19 during trading on Wednesday, hitting $269.76. 13,312 shares of the company’s stock were exchanged, compared to its average volume of 803,660. The company has a market cap of $38.42 billion, a PE ratio of 43.76, a P/E/G ratio of 3.42 and a beta of 0.86. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a fifty-two week low of $215.32 and a fifty-two week high of $287.13. The stock’s 50 day moving average price is $268.55 and its two-hundred day moving average price is $258.96.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The business had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. During the same period in the prior year, the company earned $1.51 EPS. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. Research analysts expect that Verisk Analytics, Inc. will post 6.57 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Friday, September 13th. Verisk Analytics’s dividend payout ratio (DPR) is 25.32%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on VRSK shares. Robert W. Baird increased their target price on Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. Evercore ISI reissued an “in-line” rating and issued a $279.00 target price on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Morgan Stanley raised their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Barclays lifted their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Finally, UBS Group increased their target price on shares of Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 9th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $276.69.

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.