Verisk Analytics, Inc. (NASDAQ:VRSK) has been assigned an average rating of “Hold” from the twelve ratings firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $131.00.
Several brokerages recently commented on VRSK. Morgan Stanley boosted their price target on Zynga and gave the company an “overweight” rating in a research note on Thursday, May 2nd. UBS Group boosted their price target on Willis Towers Watson from $202.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday. SunTrust Banks boosted their price target on Markel to $1,100.00 and gave the company a “hold” rating in a research note on Thursday, May 2nd. Barclays reissued a “buy” rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. Finally, BidaskClub raised Zynga from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th.
Shares of NASDAQ VRSK traded up $0.64 during trading hours on Tuesday, hitting $151.83. The stock had a trading volume of 492,179 shares, compared to its average volume of 768,695. The firm has a market capitalization of $24.85 billion, a P/E ratio of 36.94, a P/E/G ratio of 3.39 and a beta of 0.76. The company’s 50-day moving average price is $145.35. Verisk Analytics has a 52 week low of $102.74 and a 52 week high of $152.10. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.03 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.03. The business had revenue of $625.00 million during 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% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.94 EPS. Equities research analysts anticipate that Verisk Analytics will post 4.42 earnings per share for the current fiscal year.
The business also recently announced a special dividend, which was paid on Friday, June 28th. Shareholders of record on Friday, June 14th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 13th. Verisk Analytics’s payout ratio is currently 24.33%.
In other news, insider Vincent De P. Mccarthy sold 3,091 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $137.34, for a total transaction of $424,517.94. Following the completion of the transaction, the insider now directly owns 36,441 shares in the company, valued at $5,004,806.94. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christopher M. Foskett sold 10,078 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $146.54, for a total value of $1,476,830.12. Following the transaction, the director now owns 20,759 shares of the company’s stock, valued at $3,042,023.86. The disclosure for this sale can be found here. Insiders have sold 16,169 shares of company stock valued at $2,334,098 in the last ninety days. Company insiders own 2.71% of the company’s stock.
Hedge funds have recently modified their holdings of the company. Legal & General Group Plc lifted its holdings in shares of Verisk Analytics by 10.3% during the fourth quarter. Legal & General Group Plc now owns 848,106 shares of the business services provider’s stock worth $92,451,000 after buying an additional 79,434 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Verisk Analytics by 82.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 10,767 shares of the business services provider’s stock worth $1,432,000 after buying an additional 4,863 shares during the last quarter. Amundi Pioneer Asset Management Inc. lifted its holdings in shares of Verisk Analytics by 1.8% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 506,833 shares of the business services provider’s stock worth $55,265,000 after buying an additional 9,115 shares during the last quarter. Machina Capital S.A.S. acquired a new position in shares of Verisk Analytics in the fourth quarter valued at $417,000. Finally, Ownership Capital B.V. raised its stake in shares of Verisk Analytics by 6.5% in the first quarter. Ownership Capital B.V. now owns 846,310 shares of the business services provider’s stock valued at $112,559,000 after purchasing an additional 51,976 shares in the last quarter. Institutional investors own 93.40% of the company’s stock.
About Verisk Analytics
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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