ABN Amro Investment Solutions cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 2.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 120,052 shares of the business services provider’s stock after selling 2,847 shares during the quarter. ABN Amro Investment Solutions owned about 0.09% of Verisk Analytics worth $22,780,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. State Street Corp grew its position in Verisk Analytics by 1.5% in the 4th quarter. State Street Corp now owns 6,076,730 shares of the business services provider’s stock worth $1,359,304,000 after purchasing an additional 88,300 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Verisk Analytics by 0.9% in the fourth quarter. Geode Capital Management LLC now owns 4,121,219 shares of the business services provider’s stock valued at $923,576,000 after buying an additional 36,194 shares during the period. Morgan Stanley lifted its stake in shares of Verisk Analytics by 10.2% in the fourth quarter. Morgan Stanley now owns 3,914,224 shares of the business services provider’s stock valued at $875,574,000 after buying an additional 362,050 shares during the period. Capital International Investors grew its position in Verisk Analytics by 1,200.9% during the fourth quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock worth $730,196,000 after buying an additional 3,013,400 shares in the last quarter. Finally, Parnassus Investments LLC grew its position in Verisk Analytics by 21.6% during the fourth quarter. Parnassus Investments LLC now owns 1,815,060 shares of the business services provider’s stock worth $406,011,000 after buying an additional 322,345 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Stock Down 3.2%
NASDAQ VRSK opened at $195.25 on Wednesday. Verisk Analytics, Inc. has a 1-year low of $155.94 and a 1-year high of $303.13. The company has a market capitalization of $25.58 billion, a price-to-earnings ratio of 29.72, a PEG ratio of 2.26 and a beta of 0.69. The stock’s 50 day moving average is $180.30 and its two-hundred day moving average is $189.95. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 10.42.
Verisk Analytics Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Monday, June 15th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.0%. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.44%.
Analyst Ratings Changes
Several brokerages recently issued reports on VRSK. Bank of America lowered their price target on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Morgan Stanley set a $235.00 price objective on Verisk Analytics in a report on Thursday, April 30th. JPMorgan Chase & Co. boosted their price objective on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Rothschild & Co Redburn set a $185.00 price objective on Verisk Analytics and gave the company a “neutral” rating in a research report on Thursday, June 18th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $230.00 target price on shares of Verisk Analytics in a research note on Monday, March 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $234.87.
View Our Latest Stock Report on Verisk Analytics
Insider Buying and Selling at Verisk Analytics
In other news, Director Samuel G. Liss sold 6,765 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $177.63, for a total value of $1,201,666.95. Following the sale, the director owned 69,098 shares of the company’s stock, valued at approximately $12,273,877.74. This represents a 8.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the sale, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This trade represents a 2.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 16,507 shares of company stock valued at $2,925,710. 0.52% of the stock is currently owned by company insiders.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
See Also
- Five stocks we like better than Verisk Analytics
- Confidence Is Back, But Earnings Show the Consumer Is Being Picky
- AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off
- 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative?
- 3 Photonics Companies Making Quantum Tech Possible
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.
