Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. cut its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,600 shares of the business services provider’s stock after selling 1,400 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Verisk Analytics were worth $14,899,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in Verisk Analytics in the 2nd quarter valued at about $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics in the second quarter valued at approximately $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $41,000. Kings Path Partners LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $46,000. Finally, Carolina Wealth Advisors LLC acquired a new position in shares of Verisk Analytics during the third quarter worth approximately $50,000. 90.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently commented on VRSK shares. Barclays raised their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Deutsche Bank Aktiengesellschaft raised 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. Royal Bank of Canada upped their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Morgan Stanley raised their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Finally, Evercore ISI restated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Up 0.6 %

Shares of NASDAQ:VRSK opened at $277.22 on Tuesday. The company has a market capitalization of $39.15 billion, a PE ratio of 43.25, a P/E/G ratio of 3.46 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day moving average is $269.26 and its 200-day moving average is $263.18. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. The company had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.52 earnings per share. Equities research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal 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 given a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. Verisk Analytics’s payout ratio is 24.34%.

About Verisk Analytics

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.