Mitsubishi UFJ Trust & Banking Corp Reduces Holdings in Verisk Analytics, Inc. $VRSK

Mitsubishi UFJ Trust & Banking Corp reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 87,264 shares of the business services provider’s stock after selling 583 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Verisk Analytics were worth $27,183,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Spurstone Advisory Services LLC purchased a new stake in shares of Verisk Analytics during the second quarter worth $29,000. NewSquare Capital LLC boosted its position in Verisk Analytics by 69.0% during the second quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after acquiring an additional 40 shares during the last quarter. Hantz Financial Services Inc. boosted its position in Verisk Analytics by 62.7% during the second quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock worth $34,000 after acquiring an additional 42 shares during the last quarter. SouthState Corp grew its stake in Verisk Analytics by 88.1% during the 2nd quarter. SouthState Corp now owns 111 shares of the business services provider’s stock valued at $35,000 after acquiring an additional 52 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in Verisk Analytics in the 2nd quarter valued at about $41,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Price Performance

VRSK stock opened at $215.84 on Friday. The business’s fifty day moving average price is $237.93 and its 200 day moving average price is $275.26. Verisk Analytics, Inc. has a 12-month low of $196.99 and a 12-month high of $322.92. The company has a current ratio of 1.19, a quick ratio of 1.53 and a debt-to-equity ratio of 8.55. The company has a market capitalization of $30.08 billion, a PE ratio of 32.90, a P/E/G ratio of 2.75 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 29th. The business services provider reported $1.72 earnings per share for the quarter, topping the consensus estimate of $1.70 by $0.02. The firm had revenue of $768.30 million for the quarter, compared to the consensus estimate of $776.04 million. Verisk Analytics had a net margin of 30.42% and a return on equity of 425.42%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, December 15th. Verisk Analytics’s payout ratio is 27.44%.

Analyst Ratings Changes

Several brokerages have recently weighed in on VRSK. Argus cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the stock an “outperform” rating in a research report on Monday, August 4th. Rothschild & Co Redburn restated a “sell” rating and issued a $220.00 target price (down from $280.00) on shares of Verisk Analytics in a report on Thursday, October 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Verisk Analytics in a research note on Thursday. Finally, The Goldman Sachs Group lowered their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $282.14.

Insider Buying and Selling

In other Verisk Analytics news, Director Gregory Hendrick purchased 500 shares of the stock in a transaction that occurred on Friday, October 31st. The stock was purchased at an average cost of $216.14 per share, with a total value of $108,070.00. Following the completion of the acquisition, the director directly owned 2,536 shares of the company’s stock, valued at $548,131.04. This trade represents a 24.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares in the company, valued at $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders bought 1,450 shares of company stock worth $314,663 and sold 7,120 shares worth $1,880,196. 0.46% of the stock is currently owned by company insiders.

Verisk Analytics 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.