Ingalls & Snyder LLC lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 9,120 shares of the business services provider’s stock after selling 130 shares during the period. Ingalls & Snyder LLC’s holdings in Verisk Analytics were worth $1,362,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Citizens Financial Group Inc RI grew its position in shares of Verisk Analytics by 99.1% in the 3rd quarter. Citizens Financial Group Inc RI now owns 233 shares of the business services provider’s stock valued at $37,000 after buying an additional 116 shares during the last quarter. Usca Ria LLC bought a new stake in shares of Verisk Analytics in the 3rd quarter valued at about $41,000. Allred Capital Management LLC bought a new stake in shares of Verisk Analytics in the 4th quarter valued at about $38,000. Point72 Asset Management L.P. bought a new stake in shares of Verisk Analytics in the 2nd quarter valued at about $44,000. Finally, Commonwealth Bank of Australia grew its position in shares of Verisk Analytics by 44.6% in the 2nd quarter. Commonwealth Bank of Australia now owns 337 shares of the business services provider’s stock valued at $47,000 after buying an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 90.13% of the company’s stock.
A number of equities research analysts have commented on VRSK shares. William Blair reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, October 31st. ValuEngine lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Morgan Stanley upgraded Verisk Analytics from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $162.00 to $176.00 in a research report on Tuesday, January 7th. Keefe, Bruyette & Woods started coverage on Verisk Analytics in a research report on Monday, September 23rd. They issued a “market perform” rating and a $166.00 price target on the stock. Finally, Jefferies Financial Group started coverage on Verisk Analytics in a research report on Wednesday, November 27th. They issued a “buy” rating and a $174.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the company’s stock. Verisk Analytics currently has a consensus rating of “Hold” and a consensus price target of $156.40.
In other Verisk Analytics news, COO Mark V. Anquillare sold 26,250 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $140.45, for a total value of $3,686,812.50. Following the transaction, the chief operating officer now owns 87,776 shares in the company, valued at $12,328,139.20. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, VP Vincent De P. Mccarthy sold 3,591 shares of the stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $144.79, for a total value of $519,940.89. Following the completion of the transaction, the vice president now owns 36,033 shares in the company, valued at approximately $5,217,218.07. The disclosure for this sale can be found here. In the last quarter, insiders sold 118,097 shares of company stock worth $17,249,116. Corporate insiders own 2.71% of the company’s stock.
Shares of Verisk Analytics stock opened at $158.65 on Thursday. Verisk Analytics, Inc. has a one year low of $112.06 and a one year high of $164.97. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s 50-day moving average is $150.19 and its 200 day moving average is $151.95. The firm has a market cap of $25.89 billion, a price-to-earnings ratio of 38.60, a PEG ratio of 3.08 and a beta of 0.69.
Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 29th. The business services provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.01). Verisk Analytics had a net margin of 18.23% and a return on equity of 33.57%. The business had revenue of $652.70 million for the quarter, compared to the consensus estimate of $650.34 million. During the same quarter in the previous year, the company earned $1.08 EPS. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. On average, sell-side analysts expect that Verisk Analytics, Inc. will post 4.37 EPS for the current fiscal year.
The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.25 dividend. The ex-dividend date was Thursday, December 12th. Verisk Analytics’s payout ratio is currently 24.33%.
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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