Verisk Analytics, Inc. (NASDAQ:VRSK) Holdings Lowered by Cwm LLC

Cwm LLC lowered its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 90.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,712 shares of the business services provider’s stock after selling 43,945 shares during the quarter. Cwm LLC’s holdings in Verisk Analytics were worth $1,263,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Nomura Holdings Inc. purchased a new position in shares of Verisk Analytics in the fourth quarter worth approximately $698,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Verisk Analytics by 1.2% during the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock valued at $85,550,000 after purchasing an additional 4,147 shares during the period. Diversified Trust Co purchased a new stake in shares of Verisk Analytics in the second quarter valued at $1,325,000. Global Assets Advisory LLC acquired a new stake in shares of Verisk Analytics in the first quarter worth $11,582,000. Finally, OFI Invest Asset Management grew its holdings in shares of Verisk Analytics by 2,181.7% during the second quarter. OFI Invest Asset Management now owns 2,875 shares of the business services provider’s stock valued at $723,000 after buying an additional 2,749 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

VRSK has been the subject of several research analyst reports. Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Evercore ISI reissued an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $268.00 price objective on shares of Verisk Analytics in a research report on Thursday, August 1st. Morgan Stanley upped their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Finally, BMO Capital Markets decreased their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research note on Thursday, August 1st. Six research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Moderate Buy” and an average price target of $276.69.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $270.60 on Thursday. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The stock has a market capitalization of $38.54 billion, a P/E ratio of 43.93, a P/E/G ratio of 3.42 and a beta of 0.86. The business has a 50-day moving average of $268.76 and a two-hundred day moving average of $259.04. Verisk Analytics, Inc. has a fifty-two week low of $215.32 and a fifty-two week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million during the quarter, compared to analyst estimates of $722.45 million. During the same period in the previous year, the company earned $1.51 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities research analysts predict that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were paid a $0.39 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Verisk Analytics’s payout ratio is presently 25.32%.

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.