ASR Vermogensbeheer N.V. Sells 117 Shares of Verisk Analytics, Inc. $VRSK

ASR Vermogensbeheer N.V. decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,566 shares of the business services provider’s stock after selling 117 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Verisk Analytics were worth $8,586,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Verisk Analytics by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 16,733,589 shares of the business services provider’s stock worth $4,980,251,000 after buying an additional 239,483 shares in the last quarter. Alliancebernstein L.P. grew its position in shares of Verisk Analytics by 0.5% during the 1st quarter. Alliancebernstein L.P. now owns 5,235,090 shares of the business services provider’s stock worth $1,558,067,000 after buying an additional 25,010 shares in the last quarter. Invesco Ltd. grew its position in shares of Verisk Analytics by 36.0% during the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider’s stock worth $669,958,000 after buying an additional 596,225 shares in the last quarter. Nuveen LLC bought a new stake in Verisk Analytics during the first quarter valued at about $508,611,000. Finally, Price T Rowe Associates Inc. MD boosted its position in Verisk Analytics by 19.9% during the first quarter. Price T Rowe Associates Inc. MD now owns 1,704,246 shares of the business services provider’s stock valued at $507,219,000 after purchasing an additional 283,238 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $247.43 on Friday. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current ratio of 1.53. The company has a market cap of $34.57 billion, a PE ratio of 38.12, a P/E/G ratio of 3.54 and a beta of 0.85. The business has a 50-day simple moving average of $263.86 and a two-hundred day simple moving average of $288.40. Verisk Analytics, Inc. has a fifty-two week low of $239.83 and a fifty-two week high of $322.92.

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

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 27.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on VRSK shares. UBS Group dropped their price objective on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an “outperform” rating in a research report on Monday, August 4th. Wolfe Research started coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 price objective on the stock. Wells Fargo & Company dropped their price objective on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 17th. Finally, Seaport Res Ptn raised Verisk Analytics to a “strong-buy” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $311.00.

Insider Transactions at Verisk Analytics

In other news, 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 completion of the transaction, the insider directly owned 54,337 shares in the company, valued at $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lee Shavel sold 1,100 shares of the firm’s stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total value of $294,811.00. Following the completion of the transaction, the chief executive officer owned 78,907 shares of the company’s stock, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,520 shares of company stock valued at $2,273,891. 0.46% of the stock is owned by company insiders.

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.