Coldstream Capital Management Inc. Boosts Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Coldstream Capital Management Inc. raised its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 10.8% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,410 shares of the business services provider’s stock after purchasing an additional 235 shares during the period. Coldstream Capital Management Inc.’s holdings in Verisk Analytics were worth $651,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in Verisk Analytics during the 2nd quarter valued at about $31,000. Chilton Capital Management LLC bought a new position in shares of Verisk Analytics during the second quarter valued at approximately $34,000. Ashton Thomas Securities LLC purchased a new position in Verisk Analytics during the third quarter valued at approximately $34,000. Rothschild Investment LLC bought a new position in Verisk Analytics in the second quarter worth approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in Verisk Analytics during the second quarter worth $46,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Trading Down 0.5 %

NASDAQ:VRSK opened at $283.35 on Friday. The company has a market capitalization of $40.01 billion, a P/E ratio of 44.20, a PEG ratio of 3.57 and a beta of 0.87. 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, Inc. has a 12 month low of $217.34 and a 12 month high of $296.58. The firm has a fifty day simple moving average of $279.60 and a 200-day simple moving average of $272.47.

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. The company had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.52 EPS. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm 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 dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Friday, December 13th. Verisk Analytics’s dividend payout ratio is presently 24.34%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Robert W. Baird boosted their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Barclays boosted their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Morgan Stanley raised their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday. Royal Bank of Canada boosted their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. Finally, BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $289.80.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00. Following the sale, the chief executive officer now directly owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. This trade represents a 1.85 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,400 shares of company stock worth $678,764. Company insiders own 0.40% of the company’s stock.

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.