Diversified Trust Co Sells 67 Shares of Verisk Analytics, Inc. $VRSK

Diversified Trust Co reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 810 shares of the business services provider’s stock after selling 67 shares during the period. Diversified Trust Co’s holdings in Verisk Analytics were worth $252,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Louisbourg Investments Inc. bought a new stake in Verisk Analytics in the 1st quarter worth approximately $25,000. Global Financial Private Client LLC increased its position in Verisk Analytics by 966.7% in the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider’s stock worth $38,000 after purchasing an additional 116 shares during the last quarter. Wayfinding Financial LLC bought a new stake in Verisk Analytics in the first quarter worth $48,000. GW&K Investment Management LLC increased its position in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after purchasing an additional 112 shares during the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in Verisk Analytics in the first quarter worth $52,000. 90.00% of the stock is owned by institutional investors.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the company’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at $21,147,865.07. This represents a 1.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Christopher John Perry acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 13th. The stock was purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the purchase, the director owned 1,773 shares of the company’s stock, valued at $460,625.40. This represents a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders sold 14,265 shares of company stock valued at $4,002,332. Company insiders own 0.46% of the company’s stock.

Verisk Analytics Trading Up 0.3%

VRSK opened at $242.95 on Thursday. The stock has a market cap of $33.94 billion, a price-to-earnings ratio of 37.43, a P/E/G ratio of 3.44 and a beta of 0.86. The stock’s 50 day moving average price is $270.00 and its 200-day moving average price is $290.18. Verisk Analytics, Inc. has a one year low of $239.83 and a one year high of $322.92. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current 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, beating the consensus estimate of $1.77 by $0.11. The company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.Verisk Analytics’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wells Fargo & Company reduced their target price on shares of Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a report on Wednesday, September 17th. Morgan Stanley boosted their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 31st. Wolfe Research assumed coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price objective on the stock. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the stock an “outperform” rating in a research note on Monday, August 4th. Finally, UBS Group cut their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics has a consensus rating of “Hold” and an average target price of $308.09.

About Verisk Analytics

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.