Asset Management One Co. Ltd. Has $25.45 Million Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Asset Management One Co. Ltd. decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 94,987 shares of the business services provider’s stock after selling 4,005 shares during the quarter. Asset Management One Co. Ltd. owned about 0.07% of Verisk Analytics worth $25,453,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRSK. International Assets Investment Management LLC bought a new position in Verisk Analytics during the second quarter worth $31,000. Chilton Capital Management LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter valued at about $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at about $41,000. Kings Path Partners LLC acquired a new stake in Verisk Analytics during the second quarter worth approximately $46,000. Finally, Carolina Wealth Advisors LLC bought a new stake in Verisk Analytics in the third quarter worth approximately $50,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of VRSK opened at $277.22 on Tuesday. The stock has a 50 day moving average of $269.26 and a 200 day moving average of $263.18. The company has a market capitalization of $39.15 billion, a price-to-earnings ratio of 43.25, a PEG ratio of 3.46 and a beta of 0.86. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $287.13. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same period in the previous year, the firm earned $1.52 EPS. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.56%. Verisk Analytics’s payout ratio is 24.34%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on VRSK. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Evercore ISI reiterated an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Morgan Stanley raised their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft increased their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Finally, Barclays boosted their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Six analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics 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.