Aptus Capital Advisors LLC Has $334,000 Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Aptus Capital Advisors LLC boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 8.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,245 shares of the business services provider’s stock after buying an additional 97 shares during the period. Aptus Capital Advisors LLC’s holdings in Verisk Analytics were worth $334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Marshall Financial Group LLC lifted its position in shares of Verisk Analytics by 0.8% during the 3rd quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after acquiring an additional 38 shares during the period. Signaturefd LLC raised its position in shares of Verisk Analytics by 1.5% during the third quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock worth $693,000 after acquiring an additional 38 shares during the last quarter. Brookstone Capital Management raised its position in shares of Verisk Analytics by 1.2% during the second quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after acquiring an additional 41 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Verisk Analytics by 19.0% during the first quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after acquiring an additional 42 shares during the last quarter. Finally, Ascent Group LLC increased its holdings in Verisk Analytics by 1.8% in the second quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock worth $664,000 after purchasing an additional 43 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Trading Down 1.9 %

VRSK stock opened at $280.80 on Friday. The company’s 50-day simple moving average is $271.31 and its 200-day simple moving average is $266.46. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $291.42. The firm has a market cap of $39.65 billion, a P/E ratio of 43.81, a PEG ratio of 3.59 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. The company had revenue of $725.30 million during the quarter, compared to the consensus estimate of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. Verisk Analytics’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.52 EPS. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given 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 0.56%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Evercore ISI reissued an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Barclays boosted their target price on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. BMO Capital Markets upped their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Robert W. Baird increased their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, 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 report on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $285.80.

Insider Activity at Verisk Analytics

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 transaction, the chief financial officer now directly owns 15,808 shares in the company, valued at approximately $4,289,184.64. This represents a 1.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.40% of the stock is owned by corporate insiders.

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.