Blue Trust Inc. Purchases 49 Shares of Verisk Analytics, Inc. $VRSK

Blue Trust Inc. lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 854 shares of the business services provider’s stock after acquiring an additional 49 shares during the quarter. Blue Trust Inc.’s holdings in Verisk Analytics were worth $266,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. grew its stake in shares of Verisk Analytics by 1.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 3,175 shares of the business services provider’s stock worth $945,000 after acquiring an additional 35 shares in the last quarter. UMB Bank n.a. grew its position in Verisk Analytics by 0.4% during the second quarter. UMB Bank n.a. now owns 9,017 shares of the business services provider’s stock valued at $2,809,000 after buying an additional 35 shares during the period. NBT Bank N A NY grew its position in Verisk Analytics by 11.4% during the second quarter. NBT Bank N A NY now owns 341 shares of the business services provider’s stock valued at $106,000 after buying an additional 35 shares during the period. Private Trust Co. NA grew its position in Verisk Analytics by 10.2% during the first quarter. Private Trust Co. NA now owns 389 shares of the business services provider’s stock valued at $116,000 after buying an additional 36 shares during the period. Finally, Frank Rimerman Advisors LLC grew its position in Verisk Analytics by 3.3% during the first quarter. Frank Rimerman Advisors LLC now owns 1,177 shares of the business services provider’s stock valued at $350,000 after buying an additional 38 shares during the period. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. UBS Group reduced their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating for the company in a research report on Thursday, July 31st. Seaport Res Ptn upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Wednesday, October 1st. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Weiss Ratings restated a “buy (b-)” rating on shares of Verisk Analytics in a research report on Wednesday, October 8th. Finally, Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.55.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $243.36 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. The firm has a market capitalization of $34.00 billion, a PE ratio of 37.50, a P/E/G ratio of 3.42 and a beta of 0.85. Verisk Analytics, Inc. has a twelve month low of $239.78 and a twelve month high of $322.92. The company has a 50-day moving average price of $258.02 and a two-hundred day moving average price of $285.86.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the business earned $1.74 earnings per share. The company’s quarterly revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders 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 of this dividend was Monday, September 15th. Verisk Analytics’s dividend payout ratio is presently 27.73%.

Insider Activity

In other news, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction dated Wednesday, August 13th. The shares were purchased at an average cost of $259.80 per share, with a total value of $259,800.00. Following the completion of the acquisition, the director owned 1,773 shares in the company, valued at $460,625.40. This represents a 129.37% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $254.72, for a total transaction of $76,416.00. Following the completion of the sale, the chief financial officer directly owned 15,165 shares in the company, valued at approximately $3,862,828.80. The trade was a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 8,220 shares of company stock valued at $2,182,727. Corporate insiders own 0.46% of the company’s stock.

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.