Achmea Investment Management B.V. Purchases 14,504 Shares of Verisk Analytics, Inc. $VRSK

Achmea Investment Management B.V. boosted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 20.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,532 shares of the business services provider’s stock after purchasing an additional 14,504 shares during the period. Achmea Investment Management B.V.’s holdings in Verisk Analytics were worth $26,643,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SouthState Corp grew its stake in shares of Verisk Analytics by 88.1% in 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. Andra AP fonden grew its position in shares of Verisk Analytics by 46.1% in the 2nd quarter. Andra AP fonden now owns 56,700 shares of the business services provider’s stock worth $17,662,000 after buying an additional 17,900 shares during the last quarter. Resona Asset Management Co. Ltd. grew its position in Verisk Analytics by 5.2% during the 2nd quarter. Resona Asset Management Co. Ltd. now owns 47,444 shares of the business services provider’s stock worth $14,755,000 after purchasing an additional 2,366 shares during the last quarter. Atlantic Union Bankshares Corp lifted its stake in Verisk Analytics by 8.1% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 10,550 shares of the business services provider’s stock valued at $3,286,000 after acquiring an additional 794 shares during the period. Finally, Crestwood Advisors Group LLC lifted its stake in shares of Verisk Analytics by 11.1% in the 2nd quarter. Crestwood Advisors Group LLC now owns 1,424 shares of the business services provider’s stock valued at $443,000 after purchasing an additional 142 shares during the period. 90.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VRSK has been the subject of a number of research analyst reports. Barclays upgraded shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and reduced their price objective for the stock from $310.00 to $275.00 in a research report on Thursday, October 30th. Evercore ISI reduced their target price on shares of Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating on the stock in a report on Thursday, October 30th. Wells Fargo & Company decreased their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating for the company in a report on Thursday, October 30th. Seaport Res Ptn upgraded Verisk Analytics to a “strong-buy” rating in a research note on Wednesday, October 1st. Finally, Weiss Ratings cut Verisk Analytics from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, six have assigned a Hold rating and three have given 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 target price of $282.14.

Verisk Analytics Stock Performance

VRSK stock opened at $214.05 on Thursday. 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 stock’s 50 day simple moving average is $245.41 and its 200 day simple moving average is $278.78. The firm has a market cap of $29.83 billion, a P/E ratio of 32.63, a P/E/G ratio of 2.75 and a beta of 0.85.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.70 by $0.02. The company had revenue of $768.30 million for the quarter, compared to analyst estimates of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the company earned $1.67 earnings per share. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be given a $0.45 dividend. The ex-dividend date is Monday, December 15th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. Verisk Analytics’s dividend payout ratio (DPR) is 27.44%.

Insider Activity

In other Verisk Analytics news, Director Gregory Hendrick acquired 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was purchased at an average cost of $216.14 per share, for a total transaction of $108,070.00. Following the transaction, the director owned 2,536 shares of the company’s stock, valued at $548,131.04. The trade was a 24.56% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 5,420 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total value of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares of the company’s stock, valued at $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders acquired 2,450 shares of company stock worth $574,463 and sold 8,520 shares worth $2,255,396. 0.46% of the stock is owned by insiders.

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.