UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 27,966 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.8% in the 3rd quarter, Holdings Channel reports. The firm owned 986,663 shares of the business services provider’s stock after selling 27,966 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Verisk Analytics were worth $264,386,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VRSK. Janus Henderson Group PLC increased its holdings in Verisk Analytics by 131.6% in the first quarter. Janus Henderson Group PLC now owns 45,960 shares of the business services provider’s stock worth $10,832,000 after purchasing an additional 26,115 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in shares of Verisk Analytics by 29.5% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,623 shares of the business services provider’s stock valued at $383,000 after acquiring an additional 370 shares in the last quarter. Tidal Investments LLC lifted its position in shares of Verisk Analytics by 164.0% during the 1st quarter. Tidal Investments LLC now owns 6,193 shares of the business services provider’s stock valued at $1,459,000 after acquiring an additional 3,847 shares during the period. Comerica Bank boosted its stake in Verisk Analytics by 3.4% during the first quarter. Comerica Bank now owns 34,857 shares of the business services provider’s stock worth $8,217,000 after acquiring an additional 1,140 shares in the last quarter. Finally, Atria Investments Inc grew its holdings in Verisk Analytics by 5.0% in the first quarter. Atria Investments Inc now owns 19,088 shares of the business services provider’s stock worth $4,500,000 after purchasing an additional 914 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on VRSK shares. BMO Capital Markets upped their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Royal Bank of Canada raised their price objective on Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Robert W. Baird upped their target price on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Finally, Barclays upped their price objective 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. Six research 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 company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

Insider Activity

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $280.71, for a total value of $280,710.00. Following the sale, the chief executive officer now directly owns 53,163 shares in the company, valued at $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. This represents a 1.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,400 shares of company stock valued at $678,764 in the last ninety days. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $294.21 on Friday. 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 firm has a 50-day moving average of $275.42 and a 200-day moving average of $269.93. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $296.58. The company has a market cap of $41.55 billion, a P/E ratio of 45.90, a P/E/G ratio of 3.69 and a beta of 0.86.

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, beating the consensus estimate of $1.60 by $0.07. The firm had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $1.52 EPS. Equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 dividend on an annualized basis and a yield of 0.53%. Verisk Analytics’s dividend payout ratio (DPR) is presently 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.