Verisk Analytics, Inc. (NASDAQ:VRSK) Stock Position Decreased by Norinchukin Bank The

Norinchukin Bank The lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 9.5% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 195,978 shares of the business services provider’s stock after selling 20,561 shares during the period. Norinchukin Bank The’s holdings in Verisk Analytics were worth $44,826,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Equitec Proprietary Markets LLC bought a new stake in Verisk Analytics during the 4th quarter valued at about $34,000. Bell Investment Advisors Inc purchased a new position in shares of Verisk Analytics in the third quarter worth $44,000. Kathleen S. Wright Associates Inc. bought a new position in Verisk Analytics during the fourth quarter valued at $46,000. JNBA Financial Advisors bought a new position in shares of Verisk Analytics in the third quarter worth about $48,000. Finally, Ten Capital Wealth Advisors LLC bought a new position in shares of Verisk Analytics in the fourth quarter worth about $49,000. 91.29% of the stock is owned by institutional investors and hedge funds.

Shares of Verisk Analytics stock traded down $0.74 during trading hours on Thursday, reaching $173.66. 1,921,649 shares of the company’s stock were exchanged, compared to its average volume of 1,267,272. Verisk Analytics, Inc. has a 52-week low of $167.37 and a 52-week high of $231.57. The company has a fifty day moving average of $203.90 and a 200-day moving average of $207.46. The company has a current ratio of 0.47, a quick ratio of 0.49 and a debt-to-equity ratio of 0.88. The firm has a market capitalization of $27.42 billion, a price-to-earnings ratio of 28.10, a price-to-earnings-growth ratio of 3.12 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSKGet Rating) last posted its quarterly earnings results on Tuesday, May 3rd. The business services provider reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.05). Verisk Analytics had a net margin of 32.92% and a return on equity of 32.10%. The business had revenue of $775.50 million for the quarter, compared to analyst estimates of $773.79 million. During the same period in the previous year, the firm posted $1.23 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 5.72 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Tuesday, June 14th. Verisk Analytics’s dividend payout ratio (DPR) is presently 20.06%.

In other Verisk Analytics news, Director David B. Wright sold 4,675 shares of the company’s stock in a transaction on Monday, March 14th. The stock was sold at an average price of $184.46, for a total value of $862,350.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Lee Shavel sold 483 shares of the stock in a transaction on Friday, April 1st. The stock was sold at an average price of $214.88, for a total transaction of $103,787.04. Following the transaction, the chief financial officer now directly owns 40,127 shares in the company, valued at $8,622,489.76. The disclosure for this sale can be found here. Insiders sold 5,641 shares of company stock worth $1,064,496 in the last ninety days. 2.28% of the stock is owned by company insiders.

A number of research firms recently issued reports on VRSK. Royal Bank of Canada lifted their price target on shares of Verisk Analytics from $210.00 to $230.00 and gave the company an “outperform” rating in a research note on Thursday, April 14th. StockNews.com assumed coverage on shares of Verisk Analytics in a report on Thursday, March 31st. They set a “hold” rating on the stock. William Blair restated an “outperform” rating on shares of Verisk Analytics in a report on Wednesday, February 23rd. UBS Group upped their price objective on Verisk Analytics from $197.00 to $215.00 and gave the company a “neutral” rating in a research note on Tuesday, April 19th. Finally, Raymond James reduced their price target on shares of Verisk Analytics from $240.00 to $220.00 and set an “outperform” rating for the company in a research report on Wednesday, March 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $219.80.

Verisk Analytics Company Profile (Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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