Toronto Dominion Bank lifted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 14.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 121,414 shares of the business services provider’s stock after acquiring an additional 15,176 shares during the quarter. Toronto Dominion Bank’s holdings in Verisk Analytics were worth $16,144,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also made changes to their positions in the stock. Suntrust Banks Inc. increased its holdings in Verisk Analytics by 0.4% during the 4th quarter. Suntrust Banks Inc. now owns 22,973 shares of the business services provider’s stock worth $2,504,000 after acquiring an additional 86 shares during the period. Tandem Investment Advisors Inc. raised its stake in Verisk Analytics by 1.5% in the first quarter. Tandem Investment Advisors Inc. now owns 5,935 shares of the business services provider’s stock worth $789,000 after buying an additional 88 shares in the last quarter. Pitcairn Co. raised its stake in Verisk Analytics by 4.7% in the fourth quarter. Pitcairn Co. now owns 2,039 shares of the business services provider’s stock worth $223,000 after buying an additional 92 shares in the last quarter. Kaizen Advisory LLC raised its stake in Verisk Analytics by 26.2% in the fourth quarter. Kaizen Advisory LLC now owns 462 shares of the business services provider’s stock worth $50,000 after buying an additional 96 shares in the last quarter. Finally, Utah Retirement Systems raised its stake in Verisk Analytics by 0.3% in the fourth quarter. Utah Retirement Systems now owns 29,920 shares of the business services provider’s stock worth $3,262,000 after buying an additional 100 shares in the last quarter. Institutional investors own 92.55% of the company’s stock.
In other news, insider Vincent De P. Mccarthy sold 3,090 shares of the stock in a transaction that occurred on Tuesday, February 19th. The shares were sold at an average price of $124.92, for a total transaction of $386,002.80. Following the sale, the insider now owns 37,127 shares in the company, valued at $4,637,904.84. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction that occurred on Tuesday, March 19th. The shares were sold at an average price of $128.82, for a total transaction of $386,460.00. Following the sale, the director now owns 66,605 shares in the company, valued at approximately $8,580,056.10. The disclosure for this sale can be found here. In the last 90 days, insiders sold 35,139 shares of company stock worth $4,461,097. Corporate insiders own 2.71% of the company’s stock.
VRSK traded up $0.55 during midday trading on Friday, reaching $142.68. The company’s stock had a trading volume of 11,358 shares, compared to its average volume of 667,536. The stock has a market cap of $23.04 billion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 3.15 and a beta of 0.80. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.69 and a current ratio of 0.69. Verisk Analytics, Inc. has a 1 year low of $102.74 and a 1 year high of $143.67.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.03 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.03. The business had revenue of $625.00 million for the quarter, compared to analysts’ expectations of $618.14 million. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. The business’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.94 earnings per share. Equities research analysts predict that Verisk Analytics, Inc. will post 4.42 EPS for the current year.
The firm also recently disclosed a special dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 6.08%.
A number of equities analysts recently issued reports on the stock. Barclays reissued a “buy” rating and issued a $155.00 price target on shares of Verisk Analytics in a research note on Sunday, May 5th. SunTrust Banks increased their price target on shares of Verisk Analytics to $150.00 and gave the stock a “hold” rating in a research note on Thursday, May 2nd. They noted that the move was a valuation call. Morgan Stanley set a $132.00 price objective on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Thursday, May 2nd. UBS Group upped their price objective on shares of Verisk Analytics from $111.00 to $119.00 and gave the stock a “sell” rating in a report on Thursday, May 2nd. Finally, Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Verisk Analytics has an average rating of “Hold” and a consensus target price of $130.00.
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About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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