4,986 shares in Verisk Analytics, Inc. (NASDAQ:VRSK) bought by USA Financial Formulas

USA Financial Formulas acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 4,986 shares of the business services provider’s stock, valued at approximately $1,336,000.

A number of other hedge funds have also bought and sold shares of VRSK. International Assets Investment Management LLC acquired a new position in shares of Verisk Analytics in the second quarter valued at about $31,000. Chilton Capital Management LLC purchased a new position in shares of Verisk Analytics in the second quarter valued at approximately $34,000. OFI Invest Asset Management bought a new position in shares of Verisk Analytics in the first quarter valued at approximately $28,000. Rothschild Investment LLC purchased a new stake in shares of Verisk Analytics in the second quarter valued at approximately $41,000. Finally, Riverview Trust Co bought a new stake in shares of Verisk Analytics in the first quarter worth about $40,000. Institutional investors hold 90.00% of the company’s shares.

Insider activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $277.38, for a total transaction of $55,476.00. Following the transaction, the chief financial officer now owns 16,408 shares in the company, valued at $4,551,251.04. This represents a decrease of 0.00 % in the ownership of the shares. The transaction was disclosed in a legal filing with the SEC, which is available via this hyperlink. 0.40% of shares are currently held by corporate insiders.

Verisk Analytics Price Performance

VRSK opened at $277.06 on Thursday. The firm has a market cap of $39.53 billion, a PE ratio of 51.69, a price-to-earnings-growth ratio of 3.38 and a beta of 0.86. The company’s 50-day moving average is $268.07, and its two-hundred-day moving average is $257.80. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95, and a quick ratio of 0.95.

Verisk Analytics (NASDAQ:VRSK – Get Your Free Report ) last posted its earnings results on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The company had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. In the same quarter last year, the company posted earnings of $1.51 per share. Verisk Analytics’s revenue for the quarter was up 6.2% compared to the same quarter last year. Research analysts anticipate that Verisk Analytics, Inc. will post 6.56 earnings per share for the current fiscal year.

Verisk Analytics announces dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Sunday, September 15th were given a dividend of $0.39 per share. The ex-dividend date was Friday, September 13. This represents an annualized dividend of $1.56 and a yield of 0.56%. Verisk Analytics’ dividend payout ratio (DPR) is 29.10%.

Analysts on Wall Street are forecasting an increase

Several equities analysts have commented on VRSK shares. UBS Group boosted their price objective on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research report on Tuesday, July 9th. Robert W. Baird boosted their price target on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. BMO Capital Markets reduced their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Barclays boosted their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Finally, Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Seven equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $276.69.

Check out our latest report on Verisk Analytics

Verisk Analytics Company Profile

(Free report)

Verisk Analytics, Inc provides technology and data analytics solutions to the insurance markets in the United States and internationally. Provides policy language, potential loss costs, policy writing and valuation rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; Property and automotive specific valuation and underwriting information solutions that enable clients to understand, quantify, underwrite, mitigate and avoid potential losses for risks; Catastrophe modeling solutions that enable companies to identify, quantify and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions and governments.

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