Teachers Retirement System of The State of Kentucky Has $2.94 Million Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Teachers Retirement System of The State of Kentucky lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,954 shares of the business services provider’s stock after selling 822 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Verisk Analytics were worth $2,935,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Robert W. Baird raised their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets raised their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Morgan Stanley boosted their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday. Barclays raised their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Finally, Royal Bank of Canada upped their price target on Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. 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 company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $289.80.

Insider Buying and Selling at Verisk Analytics

In other news, CEO Lee Shavel sold 1,000 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 $286,490.00. Following the transaction, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 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 position. The disclosure for this sale can be found here. Over the last ninety 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 Down 0.5 %

Shares of NASDAQ:VRSK opened at $283.35 on Friday. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year 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 3.55 and a beta of 0.87. The business has a fifty day moving average price of $279.60 and a two-hundred day moving average price of $272.64. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.07. The company 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 firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.52 earnings per share. Analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current 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 paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.55%. Verisk Analytics’s payout ratio is 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.