Moody National Bank Trust Division Buys New Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Moody National Bank Trust Division bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,728 shares of the business services provider’s stock, valued at approximately $299,000.

Other institutional investors also recently bought and sold shares of the company. Valley National Advisers Inc. grew its stake in Verisk Analytics by 132.8% during the first quarter. Valley National Advisers Inc. now owns 156 shares of the business services provider’s stock valued at $33,000 after acquiring an additional 89 shares in the last quarter. Riverview Trust Co purchased a new position in shares of Verisk Analytics in the 1st quarter worth $36,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in shares of Verisk Analytics by 1,324.0% in the 1st quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 356 shares of the business services provider’s stock worth $76,000 after buying an additional 331 shares in the last quarter. Cornerstone Advisory LLC purchased a new position in shares of Verisk Analytics in the 4th quarter worth $82,000. Finally, KB Financial Partners LLC purchased a new position in shares of Verisk Analytics in the 4th quarter worth $87,000. 91.19% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Price Performance

VRSK stock opened at $184.25 on Tuesday. Verisk Analytics, Inc. has a 12 month low of $156.05 and a 12 month high of $231.57. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $190.05 and a 200 day moving average price of $189.35. The stock has a market cap of $28.92 billion, a PE ratio of 28.43, a P/E/G ratio of 2.88 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSKGet Rating) last announced its quarterly earnings data on Tuesday, August 2nd. The business services provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.12. Verisk Analytics had a net margin of 34.37% and a return on equity of 35.21%. During the same quarter last year, the business posted $1.17 earnings per share. Equities research analysts anticipate that Verisk Analytics, Inc. will post 5.78 earnings per share for the current year.

Verisk Analytics Dividend Announcement

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

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of recent research reports. BMO Capital Markets lifted their price objective on shares of Verisk Analytics from $186.00 to $200.00 and gave the stock a “market perform” rating in a research note on Thursday, August 4th. Raymond James dropped their price objective on shares of Verisk Analytics from $220.00 to $215.00 and set an “outperform” rating for the company in a research note on Thursday, August 4th. Barclays dropped their price objective on shares of Verisk Analytics from $220.00 to $200.00 and set an “overweight” rating for the company in a research note on Friday, July 1st. Robert W. Baird lifted their price objective on shares of Verisk Analytics from $215.00 to $220.00 in a research note on Thursday, August 4th. Finally, StockNews.com cut shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, August 11th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $216.18.

Insider Activity at Verisk Analytics

In related news, EVP Kathy Card Beckles sold 429 shares of Verisk Analytics stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of $200.09, for a total transaction of $85,838.61. Following the completion of the sale, the executive vice president now owns 6,102 shares in the company, valued at approximately $1,220,949.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Verisk Analytics news, Director Samuel G. Liss sold 587 shares of the stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $202.24, for a total transaction of $118,714.88. Following the sale, the director now owns 67,352 shares of the company’s stock, valued at approximately $13,621,268.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Kathy Card Beckles sold 429 shares of the stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $200.09, for a total value of $85,838.61. Following the sale, the executive vice president now directly owns 6,102 shares in the company, valued at approximately $1,220,949.18. The disclosure for this sale can be found here. Insiders sold 4,648 shares of company stock worth $933,186 in the last 90 days. 1.78% of the stock is owned by corporate insiders.

Verisk Analytics Company 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.

Further Reading

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

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