Mountain Pacific Investment Advisers Inc. ID Sells 763 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Mountain Pacific Investment Advisers Inc. ID lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 216,141 shares of the business services provider’s stock after selling 763 shares during the period. Verisk Analytics accounts for 3.2% of Mountain Pacific Investment Advisers Inc. ID’s investment portfolio, making the stock its 9th largest position. Mountain Pacific Investment Advisers Inc. ID’s holdings in Verisk Analytics were worth $51,628,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the business. Dorsey & Whitney Trust CO LLC lifted its stake in shares of Verisk Analytics by 3.4% in the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 1,417 shares of the business services provider’s stock valued at $335,000 after purchasing an additional 46 shares during the last quarter. Wealth Alliance boosted its holdings in Verisk Analytics by 4.3% during the 4th quarter. Wealth Alliance now owns 1,147 shares of the business services provider’s stock valued at $274,000 after acquiring an additional 47 shares during the period. Global Retirement Partners LLC boosted its holdings in Verisk Analytics by 48.5% during the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 49 shares during the period. GYL Financial Synergies LLC boosted its holdings in Verisk Analytics by 0.8% during the 3rd quarter. GYL Financial Synergies LLC now owns 6,149 shares of the business services provider’s stock valued at $1,453,000 after acquiring an additional 50 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in Verisk Analytics by 3.6% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,490 shares of the business services provider’s stock valued at $356,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Trading Down 0.7 %

VRSK opened at $221.14 on Friday. The firm has a market cap of $31.57 billion, a price-to-earnings ratio of 52.53, a price-to-earnings-growth ratio of 2.77 and a beta of 0.78. Verisk Analytics, Inc. has a 52 week low of $187.86 and a 52 week high of $251.98. The business’s 50 day moving average is $232.86 and its two-hundred day moving average is $236.57. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 8.85.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.40 EPS for the quarter, missing the consensus estimate of $1.44 by ($0.04). The firm had revenue of $677.20 million for 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 company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the firm earned $1.43 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 6.48 EPS for the current year.

Verisk Analytics announced that its board has authorized a share buyback plan on Wednesday, February 21st that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to repurchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Verisk Analytics Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 15th were paid a $0.39 dividend. This is an increase from Verisk Analytics’s previous quarterly dividend of $0.34. This represents a $1.56 annualized dividend and a dividend yield of 0.71%. The ex-dividend date was Thursday, March 14th. Verisk Analytics’s dividend payout ratio (DPR) is 37.05%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of Verisk Analytics stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of Verisk Analytics stock in a transaction that occurred 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathy Card Beckles sold 227 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $237.61, for a total value of $53,937.47. Following the completion of the transaction, the insider now owns 7,796 shares in the company, valued at $1,852,407.56. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 11,300 shares of company stock worth $2,647,952. 0.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of research analyst reports. Evercore ISI restated an “in-line” rating and set a $250.00 target price on shares of Verisk Analytics in a 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 report on Monday, January 8th. Nine investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Verisk Analytics currently has a consensus rating of “Hold” and a consensus target price of $252.00.

Verisk Analytics Company 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.