Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Purchased by Amalgamated Bank

Amalgamated Bank raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 0.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 43,857 shares of the business services provider’s stock after purchasing an additional 281 shares during the period. Amalgamated Bank’s holdings in Verisk Analytics were worth $9,413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Covestor Ltd bought a new position in Verisk Analytics during the fourth quarter valued at about $64,000. Charles Schwab Investment Management Inc. lifted its stake in Verisk Analytics by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 799,894 shares of the business services provider’s stock worth $182,961,000 after acquiring an additional 21,215 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Verisk Analytics in the 4th quarter worth about $101,510,000. O Shaughnessy Asset Management LLC increased its position in Verisk Analytics by 59.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,533 shares of the business services provider’s stock worth $808,000 after purchasing an additional 1,324 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Verisk Analytics by 11.2% in the 4th quarter. Geode Capital Management LLC now owns 3,415,064 shares of the business services provider’s stock worth $779,419,000 after purchasing an additional 344,057 shares during the last quarter. 91.19% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $184.43 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.56 and a quick ratio of 0.56. The company has a market capitalization of $28.95 billion, a PE ratio of 28.46, a price-to-earnings-growth ratio of 2.87 and a beta of 0.84. Verisk Analytics, Inc. has a one year low of $156.05 and a one year high of $231.57. The business has a 50 day simple moving average of $189.92 and a 200 day simple moving average of $189.21.

Verisk Analytics (NASDAQ:VRSKGet Rating) last posted its earnings results on Tuesday, August 2nd. The business services provider reported $1.53 EPS for the quarter, topping the consensus estimate of $1.41 by $0.12. Verisk Analytics had a return on equity of 35.21% and a net margin of 34.37%. During the same quarter in the prior year, the firm posted $1.17 earnings per share. On average, sell-side analysts forecast that Verisk Analytics, Inc. will post 5.78 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be given a $0.31 dividend. The ex-dividend date is Wednesday, September 14th. This represents a $1.24 annualized dividend and a yield of 0.67%. Verisk Analytics’s payout ratio is 19.14%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Samuel G. Liss sold 587 shares of Verisk Analytics stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $202.24, for a total value of $118,714.88. Following the completion of the transaction, the director now owns 67,352 shares in the company, valued at approximately $13,621,268.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Verisk Analytics news, Director Samuel G. Liss sold 587 shares of Verisk Analytics stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $202.24, for a total value of $118,714.88. Following the completion of the transaction, the director now owns 67,352 shares in the company, valued at approximately $13,621,268.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Therese M. Vaughan sold 629 shares of Verisk Analytics stock in a transaction on Tuesday, August 9th. The shares were sold at an average price of $199.22, for a total value of $125,309.38. Following the completion of the transaction, the director now owns 11,064 shares of the company’s stock, valued at approximately $2,204,170.08. The disclosure for this sale can be found here. In the last quarter, insiders sold 4,648 shares of company stock worth $933,186. 1.78% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently commented on VRSK shares. BMO Capital Markets increased their price objective on Verisk Analytics from $186.00 to $200.00 and gave the company a “market perform” rating in a report on Thursday, August 4th. Royal Bank of Canada lowered their price objective on Verisk Analytics from $227.00 to $210.00 and set an “outperform” rating on the stock in a report on Wednesday, June 29th. Robert W. Baird increased their price objective on Verisk Analytics from $215.00 to $220.00 in a report on Thursday, August 4th. Barclays lowered their price objective on Verisk Analytics from $220.00 to $200.00 and set an “overweight” rating on the stock in a report on Friday, July 1st. Finally, Raymond James lowered their target price on Verisk Analytics from $220.00 to $215.00 and set an “outperform” rating on the stock in a report on Thursday, August 4th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $216.18.

Verisk Analytics Profile

(Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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