WoodTrust Financial Corp raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 0.3% during the 2nd quarter, Holdings Channel reports. The fund owned 25,282 shares of the business services provider’s stock after purchasing an additional 84 shares during the period. Verisk Analytics comprises approximately 0.9% of WoodTrust Financial Corp’s holdings, making the stock its 27th largest position. WoodTrust Financial Corp’s holdings in Verisk Analytics were worth $7,875,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently made changes to their positions in the business. Louisbourg Investments Inc. acquired a new stake in Verisk Analytics during the 1st quarter worth about $25,000. Ameritas Advisory Services LLC purchased a new position in shares of Verisk Analytics during the 2nd quarter valued at approximately $48,000. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics in the first quarter worth about $48,000. GW&K Investment Management LLC increased its stake in shares of Verisk Analytics by 186.7% in the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock valued at $51,000 after purchasing an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in shares of Verisk Analytics in the 1st quarter valued at about $52,000. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Trading Up 0.4%
Shares of Verisk Analytics stock opened at $246.09 on Wednesday. Verisk Analytics, Inc. has a 12-month low of $239.83 and a 12-month high of $322.92. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The stock has a market cap of $34.38 billion, a PE ratio of 37.92, a price-to-earnings-growth ratio of 3.47 and a beta of 0.85. The company has a 50-day moving average of $260.93 and a two-hundred day moving average of $287.55.
Verisk Analytics Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is 27.73%.
Insider Buying and Selling at Verisk Analytics
In related news, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total transaction of $76,416.00. Following the transaction, the chief financial officer owned 15,165 shares in the company, valued at approximately $3,862,828.80. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction on Monday, August 18th. The shares were sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer owned 78,907 shares in the company, valued at $21,147,865.07. The trade was a 1.37% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,520 shares of company stock worth $2,273,891. Insiders own 0.46% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have commented on VRSK. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. UBS Group decreased their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a report on Thursday, July 31st. Wells Fargo & Company decreased their price target on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 17th. Weiss Ratings restated a “buy (b-)” rating on shares of Verisk Analytics in a research note on Saturday, September 27th. Finally, Morgan Stanley upped their price objective on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Verisk Analytics presently has an average rating of “Moderate Buy” and an average price target of $311.00.
Get Our Latest Stock Analysis on Verisk Analytics
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.
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