Bell Bank reduced its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,773 shares of the business services provider’s stock after selling 277 shares during the quarter. Bell Bank’s holdings in Verisk Analytics were worth $901,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Harvest Group Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the 1st quarter worth about $26,000. Signaturefd LLC grew its position in shares of Verisk Analytics by 112.8% in the 1st quarter. Signaturefd LLC now owns 200 shares of the business services provider’s stock worth $27,000 after buying an additional 106 shares during the period. Bollard Group LLC purchased a new stake in shares of Verisk Analytics in the 4th quarter worth about $33,000. Executive Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the 4th quarter worth about $33,000. Finally, Glassman Wealth Services grew its position in shares of Verisk Analytics by 43.4% in the 1st quarter. Glassman Wealth Services now owns 248 shares of the business services provider’s stock worth $33,000 after buying an additional 75 shares during the period. Institutional investors own 93.51% of the company’s stock.
Shares of VRSK stock opened at $145.55 on Wednesday. Verisk Analytics, Inc. has a one year low of $102.74 and a one year high of $147.94. The stock has a market cap of $23.97 billion, a P/E ratio of 35.41, a PEG ratio of 3.27 and a beta of 0.77. 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 (NASDAQ:VRSK) last announced its quarterly earnings data 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 company had revenue of $625.00 million for the quarter, compared to the consensus estimate of $618.14 million. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. Verisk Analytics’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.94 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post 4.42 EPS for the current year.
The business also recently announced a special dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 13th. Verisk Analytics’s dividend payout ratio is currently 6.08%.
VRSK has been the topic of a number of recent research reports. Deutsche Bank set a $137.00 target price on shares of Verisk Analytics and gave the stock a “hold” rating in a research report on Tuesday, April 23rd. UBS Group increased their price objective on shares of Verisk Analytics from $100.00 to $106.00 and gave the company a “sell” rating in a research report on Tuesday, March 12th. Barclays reissued a “buy” rating and set a $155.00 price objective on shares of Verisk Analytics in a research report on Sunday, May 5th. SunTrust Banks increased their price objective on shares of Verisk Analytics to $150.00 and gave the company a “hold” rating in a research report on Thursday, May 2nd. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, February 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average price target of $130.00.
In other Verisk Analytics news, insider Vincent De P. Mccarthy sold 3,090 shares of the company’s stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $128.15, for a total transaction of $395,983.50. Following the transaction, the insider now owns 37,127 shares in the company, valued at approximately $4,757,825.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christopher M. Foskett sold 10,078 shares of the company’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $146.54, for a total transaction of $1,476,830.12. Following the transaction, the director now owns 20,759 shares in the company, valued at approximately $3,042,023.86. The disclosure for this sale can be found here. Insiders have sold a total of 22,259 shares of company stock worth $3,116,542 in the last 90 days. Company insiders own 2.71% of the company’s stock.
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Verisk Analytics 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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