Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Purchased by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.8% during the third quarter, Holdings Channel.com reports. The firm owned 974 shares of the business services provider’s stock after purchasing an additional 45 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Verisk Analytics were worth $264,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VRSK. International Assets Investment Management LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter valued at about $31,000. Chilton Capital Management LLC acquired a new position in Verisk Analytics during the second quarter worth about $34,000. Ashton Thomas Securities LLC purchased a new position in Verisk Analytics in the third quarter valued at about $34,000. Rothschild Investment LLC acquired a new stake in shares of Verisk Analytics during the 2nd quarter valued at approximately $41,000. Finally, Kings Path Partners LLC purchased a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on VRSK. Robert W. Baird raised their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday. 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 report on Friday, November 1st. Royal Bank of Canada upped their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Finally, Evercore ISI reissued an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Six investment 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $289.80.

Insider Buying and Selling at Verisk Analytics

In other news, CEO Lee Shavel sold 1,000 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $286,490.00. Following the completion of the sale, the chief executive officer now owns 54,163 shares of the company’s stock, valued at $15,517,157.87. This represents a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $57,298.00. Following the sale, 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 90 days, insiders sold 2,400 shares of company stock valued at $678,764. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $283.35 on Friday. The business’s 50-day moving average price is $279.60 and its 200 day moving average price is $272.47. 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 twelve month low of $217.34 and a twelve month high of $296.58. The company has a market capitalization of $40.01 billion, a PE ratio of 44.20, a price-to-earnings-growth ratio of 3.57 and a beta of 0.87.

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

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a $0.39 dividend. 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 payout ratio is currently 24.34%.

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.