Verisk Analytics, Inc. (NASDAQ:VRSK) Position Increased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.7% during the 4th quarter, HoldingsChannel reports. The firm owned 920 shares of the business services provider’s stock after acquiring an additional 66 shares during the period. Valeo Financial Advisors LLC’s holdings in Verisk Analytics were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in the stock. Cerity Partners LLC lifted its holdings in shares of Verisk Analytics by 11.1% in the 4th quarter. Cerity Partners LLC now owns 30,795 shares of the business services provider’s stock worth $7,355,000 after purchasing an additional 3,082 shares during the last quarter. Harbor Investment Advisory LLC lifted its holdings in shares of Verisk Analytics by 17.7% in the 4th quarter. Harbor Investment Advisory LLC now owns 666 shares of the business services provider’s stock worth $159,000 after purchasing an additional 100 shares during the last quarter. Conestoga Capital Advisors LLC lifted its holdings in shares of Verisk Analytics by 2.1% in the 4th quarter. Conestoga Capital Advisors LLC now owns 5,770 shares of the business services provider’s stock worth $1,378,000 after purchasing an additional 120 shares during the last quarter. Impax Asset Management Group plc increased its position in Verisk Analytics by 127.6% in the 4th quarter. Impax Asset Management Group plc now owns 6,972 shares of the business services provider’s stock valued at $1,665,000 after acquiring an additional 3,909 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in Verisk Analytics by 115.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 2,456 shares of the business services provider’s stock valued at $587,000 after acquiring an additional 1,315 shares during the period. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Evercore ISI restated an “in-line” rating and issued a $250.00 target price on shares of Verisk Analytics in a research report on Tuesday, March 26th. Bank of America cut Verisk Analytics from a “buy” rating to a “neutral” rating and lowered their target price for the company from $270.00 to $260.00 in a research report on Monday, January 8th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $252.00.

Verisk Analytics Stock Down 0.0 %

Shares of VRSK stock opened at $222.10 on Wednesday. Verisk Analytics, Inc. has a 1 year low of $187.86 and a 1 year high of $251.98. The stock has a market cap of $31.70 billion, a PE ratio of 52.76, a price-to-earnings-growth ratio of 2.77 and a beta of 0.78. The business’s fifty day moving average is $236.86 and its 200-day moving average is $237.46. The company has a debt-to-equity ratio of 8.85, a quick ratio of 1.05 and a current ratio of 1.05.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, February 21st. The business services provider reported $1.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.44 by ($0.04). The company had revenue of $677.20 million during the quarter, compared to analyst estimates of $673.56 million. Verisk Analytics had a return on equity of 305.15% and a net margin of 22.92%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.43 earnings per share. Equities analysts expect that Verisk Analytics, Inc. will post 6.48 earnings per share for the current fiscal year.

Verisk Analytics Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.70%. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.34. The ex-dividend date was Thursday, March 14th. Verisk Analytics’s payout ratio is presently 37.05%.

Verisk Analytics announced that its Board of Directors has approved a stock buyback program on Wednesday, February 21st that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the business services provider to buy up to 2.9% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Nicholas Daffan sold 1,554 shares of Verisk Analytics stock in a transaction on Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the transaction, the insider now directly owns 51,715 shares in the company, valued at approximately $11,528,824.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider Kathy Card Beckles sold 227 shares of the firm’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $237.61, for a total value of $53,937.47. Following the completion of the sale, the insider now owns 7,796 shares of the company’s stock, valued at $1,852,407.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Nicholas Daffan sold 1,554 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the sale, the insider now directly owns 51,715 shares of the company’s stock, valued at approximately $11,528,824.95. The disclosure for this sale can be found here. Insiders have sold 11,300 shares of company stock worth $2,647,952 in the last three months. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.