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Dimensional Fund Advisors LP has $297.49 million stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Dimensional Fund Advisors LP grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 8.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,103,628 shares of the business services provider’s stock after purchasing an additional 85,202 shares during the period. Dimensional Fund Advisors LP’s holdings in Verisk Analytics were worth $297,491,000 as of its most recent SEC filing.

Other large investors have recently modified their positions in the company. International Assets Investment Management LLC bought a new stake in shares of Verisk Analytics in the second quarter valued at about $31,000. Chilton Capital Management LLC bought a new stake in shares of Verisk Analytics in the second quarter valued at about $34,000. OFI Invest Asset Management bought a new stake in shares of Verisk Analytics in the first quarter valued at about $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Verisk Analytics in the 4th quarter valued at approximately $32,000. Finally, DSM Capital Partners LLC bought a new stake in shares of Verisk Analytics in the 4th quarter valued at approximately $33,000. Institutional investors and hedge funds own 90.00% of the company’s shares.

The Wall Street analyst weighs in

Several brokerages have recently commented on VRSK. Royal Bank of Canada reissued an “outperform” rating and issued a $268.00 target price on shares of Verisk Analytics in a research note on Thursday, August 1st. UBS Group boosted their price target on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research note on Tuesday, July 9th. Robert W. Baird boosted their price target on Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Finally, Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Eight analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Moderate Buy” and a consensus price target of $275.23, according to MarketBeat .

Want more great investment ideas?

See the latest stock analysis on VRSK

Insider buying and selling

In related news, insider Kathy Card Beckles sold 326 shares of the company’s stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total value of $88,743.72. Following the completion of the transaction, the insider now directly owns 7,470 shares of the company’s stock, valued at $2,033,483.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC’s website. In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Monday, July 15th. The shares were sold at an average price of $277.38, for a total transaction of $55,476.00. Following the completion of the transaction, the chief financial officer now directly owns 16,408 shares of the company’s stock, valued at $4,551,251.04. The sale was disclosed in a filing with the SEC, which can be accessed via this hyperlink. Also, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total value of $88,743.72. Following the transaction, the insider now directly owns 7,470 shares of the company’s stock, valued at $2,033,483.40. The disclosure for this sale can be found here. 0.40% of shares are owned by company insiders.

Verisk Analytics stock fell 0.9%

VRSK opened at $267.02 on Wednesday. Verisk Analytics, Inc. has a 1 year low of $215.32 and a 1 year high of $287.13. The company has a current ratio of 0.95, a quick ratio of 0.95, and a debt-to-equity ratio of 5.86. The stock has a market cap of $38.03 billion, a price-to-earnings ratio of 49.82, a P/E/G ratio of 3.42 and a beta of 0.86. The company has a 50-day moving average of $271.47 and a 200-day moving average of $254.47.

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. The business had revenue of $716.80 million during the quarter, compared to analyst estimates of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. Verisk Analytics’ revenue increased 6.2% year-over-year. In the same period last year, the company posted earnings of $1.51 per share. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.56 earnings per share for the current year.

Verisk Analytics announces dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 13. This represents an annualized dividend of $1.56 and a yield of 0.58%. Verisk Analytics’ dividend payout ratio (DPR) is currently 29.10%.

About Verisk Analytics

(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.

Featured stories

Want to see what other hedge funds own VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trading for Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report).

Quarterly Institutional Ownership of Verisk Analytics (NASDAQ:VRSK)

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