Koshinski Asset Management Inc. Purchases 93 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Koshinski Asset Management Inc. raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,549 shares of the business services provider’s stock after purchasing an additional 93 shares during the period. Koshinski Asset Management Inc.’s holdings in Verisk Analytics were worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VRSK. Benjamin F. Edwards & Company Inc. boosted its holdings in Verisk Analytics by 14.9% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 1,276 shares of the business services provider’s stock worth $344,000 after buying an additional 165 shares during the last quarter. Pacer Advisors Inc. boosted its stake in Verisk Analytics by 3.5% during the 2nd quarter. Pacer Advisors Inc. now owns 34,116 shares of the business services provider’s stock worth $9,196,000 after acquiring an additional 1,145 shares during the last quarter. Frank Rimerman Advisors LLC acquired a new position in Verisk Analytics during the second quarter valued at approximately $801,000. EverSource Wealth Advisors LLC increased its stake in Verisk Analytics by 55.9% in the second quarter. EverSource Wealth Advisors LLC now owns 410 shares of the business services provider’s stock valued at $107,000 after purchasing an additional 147 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in Verisk Analytics by 76.7% in the second quarter. Public Sector Pension Investment Board now owns 5,683 shares of the business services provider’s stock worth $1,532,000 after purchasing an additional 2,467 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on VRSK shares. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Barclays downgraded Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a report on Friday, January 10th. BMO Capital Markets lifted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Evercore ISI reissued an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Finally, Morgan Stanley upped their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $293.11.

Verisk Analytics Trading Up 0.5 %

Verisk Analytics stock opened at $280.06 on Wednesday. The company has a market cap of $39.55 billion, a price-to-earnings ratio of 43.69, a P/E/G ratio of 3.19 and a beta of 0.88. The firm has a 50-day moving average of $282.06 and a 200-day moving average of $274.84. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $296.58.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm had revenue of $725.30 million during the quarter, compared to the consensus estimate of $722.19 million. During the same period last year, the company earned $1.52 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. On average, equities analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Insider Activity

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the sale, the insider now owns 9,066 shares of the company’s stock, valued at $2,557,155.96. This trade represents a 18.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of Verisk Analytics stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $286,490.00. Following the transaction, the chief executive officer now directly owns 54,163 shares of the company’s stock, valued at approximately $15,517,157.87. This trade represents a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 5,490 shares of company stock valued at $1,541,570 in the last quarter. Company insiders own 0.40% of the company’s stock.

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.