Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.9% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,424 shares of the business services provider’s stock after selling 495 shares during the period. Mutual of America Capital Management LLC’s holdings in Verisk Analytics were worth $4,888,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VRSK. Louisbourg Investments Inc. acquired a new position in Verisk Analytics during the 1st quarter worth approximately $25,000. Global Financial Private Client LLC grew its holdings in Verisk Analytics by 966.7% during the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock worth $38,000 after acquiring an additional 116 shares in the last quarter. Minot DeBlois Advisors LLC acquired a new position in Verisk Analytics during the 4th quarter worth approximately $39,000. Wayfinding Financial LLC acquired a new position in Verisk Analytics during the 1st quarter worth approximately $48,000. Finally, NBC Securities Inc. acquired a new position in Verisk Analytics during the 1st quarter worth approximately $60,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Up 0.2%

VRSK stock opened at $265.04 on Friday. The company has a fifty day moving average price of $300.46 and a 200 day moving average price of $296.82. Verisk Analytics, Inc. has a 12 month low of $260.17 and a 12 month high of $322.92. The company has a market cap of $37.03 billion, a price-to-earnings ratio of 40.84, a price-to-earnings-growth ratio of 3.75 and a beta of 0.83. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. The company had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. Verisk Analytics’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.74 EPS. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be given a dividend of $0.45 per share. The ex-dividend date is Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. Verisk Analytics’s dividend payout ratio is presently 27.73%.

Insider Activity

In other Verisk Analytics news, Director Samuel G. Liss sold 11,656 shares of the company’s stock in a transaction on Friday, June 13th. The shares were sold at an average price of $313.06, for a total transaction of $3,649,027.36. Following the completion of the transaction, the director owned 67,244 shares in the company, valued at approximately $21,051,406.64. This represents a 14.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 5,419 shares of the company’s stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $318.10, for a total transaction of $1,723,783.90. Following the transaction, the insider owned 56,701 shares of the company’s stock, valued at approximately $18,036,588.10. The trade was a 8.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,120 shares of company stock worth $7,192,416 in the last 90 days. Corporate insiders own 0.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on VRSK shares. Robert W. Baird upped their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an “outperform” rating in a report on Thursday, May 8th. UBS Group lowered their target price on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a report on Thursday, July 31st. Morgan Stanley upped their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 target price on shares of Verisk Analytics and gave the company an “outperform” rating in a report on Monday, August 4th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $305.60.

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.