Psagot Investment House Ltd. lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.9% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,140 shares of the business services provider’s stock after selling 260 shares during the quarter. Psagot Investment House Ltd.’s holdings in Verisk Analytics were worth $551,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of VRSK. Oregon Public Employees Retirement Fund grew its stake in Verisk Analytics by 10,289.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,530,830 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4,487,221 shares in the last quarter. Norges Bank purchased a new stake in Verisk Analytics during the 4th quarter worth about $158,450,000. JPMorgan Chase & Co. lifted its holdings in Verisk Analytics by 250.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 995,252 shares of the business services provider’s stock worth $119,978,000 after buying an additional 711,385 shares during the last quarter. Fundsmith LLP purchased a new stake in Verisk Analytics during the 4th quarter worth about $49,116,000. Finally, Morgan Stanley lifted its holdings in Verisk Analytics by 170.7% during the 3rd quarter. Morgan Stanley now owns 670,004 shares of the business services provider’s stock worth $80,770,000 after buying an additional 422,503 shares during the last quarter. Institutional investors own 92.55% of the company’s stock.
In other Verisk Analytics news, insider Vincent De P. Mccarthy sold 3,090 shares of the stock in a transaction on Monday, March 18th. The stock was sold at an average price of $128.15, for a total transaction of $395,983.50. Following the sale, the insider now owns 37,127 shares in the company, valued at approximately $4,757,825.05. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David B. Wright sold 11,250 shares of the stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $125.27, for a total value of $1,409,287.50. Following the sale, the director now owns 32,291 shares in the company, valued at approximately $4,045,093.57. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,049 shares of company stock worth $4,075,094. Insiders own 2.71% of the company’s stock.
A number of analysts have issued reports on VRSK shares. BidaskClub downgraded Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 9th. Barclays reissued a “buy” rating and issued a $155.00 target price on shares of Verisk Analytics in a report on Sunday, May 5th. Morgan Stanley set a $132.00 target price on Verisk Analytics and gave the company a “hold” rating in a report on Thursday, May 2nd. SunTrust Banks boosted their target price on Verisk Analytics to $150.00 and gave the company a “hold” rating in a report on Thursday, May 2nd. They noted that the move was a valuation call. Finally, Deutsche Bank set a $137.00 target price on Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, April 23rd. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $130.00.
NASDAQ VRSK traded up $0.67 on Wednesday, hitting $143.86. 408,000 shares of the company’s stock were exchanged, compared to its average volume of 709,923. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.13. Verisk Analytics, Inc. has a fifty-two week low of $102.74 and a fifty-two week high of $144.48. The stock has a market capitalization of $23.42 billion, a price-to-earnings ratio of 35.00, a PEG ratio of 3.17 and a beta of 0.80.
Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, April 30th. The business services provider reported $1.03 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.03. The company had revenue of $625.00 million for the quarter, compared to analysts’ expectations of $618.14 million. Verisk Analytics had a return on equity of 33.36% and a net margin of 24.60%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.94 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 4.42 earnings per share for the current fiscal year.
The company also recently declared a special dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 13th. Verisk Analytics’s dividend payout ratio is currently 6.08%.
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Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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