Retireful LLC Sells 918 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Retireful LLC lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 25.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,641 shares of the business services provider’s stock after selling 918 shares during the period. Retireful LLC’s holdings in Verisk Analytics were worth $708,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ontario Teachers Pension Plan Board acquired a new stake in Verisk Analytics during the third quarter worth about $401,000. Advisors Asset Management Inc. lifted its holdings in shares of Verisk Analytics by 3.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 3,152 shares of the business services provider’s stock worth $845,000 after acquiring an additional 95 shares during the period. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Verisk Analytics during the 3rd quarter worth approximately $7,441,000. NS Partners Ltd increased its stake in Verisk Analytics by 3.7% in the third quarter. NS Partners Ltd now owns 125,619 shares of the business services provider’s stock valued at $33,661,000 after acquiring an additional 4,479 shares during the last quarter. Finally, Commerce Bank raised its position in Verisk Analytics by 0.6% during the third quarter. Commerce Bank now owns 10,141 shares of the business services provider’s stock valued at $2,717,000 after purchasing an additional 57 shares in the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $280.71, for a total transaction of $280,710.00. Following the sale, the chief executive officer now owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. This represents a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the transaction, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at approximately $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,400 shares of company stock valued at $678,764. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on VRSK. BMO Capital Markets lifted their price target on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Robert W. Baird lifted their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Evercore ISI reissued an “in-line” rating and issued a $279.00 target price on shares of Verisk Analytics in a report on Wednesday, October 2nd. Morgan Stanley lifted their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Six investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $285.80.

Verisk Analytics Stock Up 0.5 %

NASDAQ:VRSK opened at $281.64 on Wednesday. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $291.42. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $39.77 billion, a PE ratio of 43.94, a P/E/G ratio of 3.52 and a beta of 0.86. The firm’s 50 day simple moving average is $271.61 and its 200 day simple moving average is $267.68.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results 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. 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 analyst estimates of $722.19 million. During the same quarter in the previous year, the business earned $1.52 earnings per share. Verisk Analytics’s revenue was up 7.0% compared to the same quarter last year. On average, research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 dividend yield of 0.55%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

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.