Flossbach Von Storch SE cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 45.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 124,894 shares of the business services provider’s stock after selling 104,775 shares during the period. Flossbach Von Storch SE’s holdings in Verisk Analytics were worth $38,904,000 as of its most recent SEC filing.
Several other institutional investors have also recently made changes to their positions in the company. Spurstone Advisory Services LLC purchased a new stake in shares of Verisk Analytics in the second quarter valued at about $29,000. NewSquare Capital LLC grew its position in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter. Hantz Financial Services Inc. increased its stake in Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after buying an additional 42 shares during the last quarter. SouthState Corp lifted its position in shares of Verisk Analytics by 88.1% during the 2nd quarter. SouthState Corp now owns 111 shares of the business services provider’s stock worth $35,000 after buying an additional 52 shares in the last quarter. Finally, Trust Co. of Toledo NA OH bought a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $41,000. Institutional investors own 90.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on the company. Morgan Stanley upped their target price on Verisk Analytics from $317.00 to $319.00 and gave the company an “equal weight” rating in a report on Thursday, July 31st. The Goldman Sachs Group cut their price objective on Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating on the stock in a research report on Thursday, October 30th. Evercore ISI decreased their target price on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. UBS Group lowered their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research note on Thursday, July 31st. Finally, Wells Fargo & Company reduced their price target on shares of Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a research report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and a consensus target price of $282.14.
Insider Buying and Selling
In other Verisk Analytics news, Director Gregory Hendrick acquired 500 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the purchase, the director owned 2,536 shares of the company’s stock, valued at approximately $548,131.04. This represents a 24.56% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jeffrey J. Dailey bought 500 shares of the stock in a transaction on Friday, October 31st. The shares were acquired at an average cost of $217.03 per share, for a total transaction of $108,515.00. Following the acquisition, the director directly owned 3,962 shares in the company, valued at approximately $859,872.86. This trade represents a 14.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have purchased 2,450 shares of company stock valued at $574,463 and have sold 8,520 shares valued at $2,255,396. 0.46% of the stock is currently owned by company insiders.
Verisk Analytics Stock Performance
Shares of VRSK opened at $214.66 on Friday. Verisk Analytics, Inc. has a 1 year low of $196.99 and a 1 year high of $322.92. The company has a debt-to-equity ratio of 8.55, a current ratio of 1.19 and a quick ratio of 1.53. The stock’s fifty day moving average price is $243.27 and its two-hundred day moving average price is $277.73. The firm has a market cap of $29.92 billion, a PE ratio of 32.72, a PEG ratio of 2.75 and a beta of 0.84.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its quarterly earnings data 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. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company had revenue of $768.30 million during the quarter, compared to analyst estimates of $776.04 million. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.
Verisk Analytics Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 annualized dividend and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is presently 27.44%.
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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