Verisk Analytics, Inc. (NASDAQ:VRSK) has earned an average recommendation of “Hold” from the twelve brokerages that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $131.00.
Several brokerages have recently commented on VRSK. SunTrust Banks lifted their target price on Markel to $1,100.00 and gave the stock a “hold” rating in a research note on Thursday, May 2nd. BidaskClub upgraded Zynga from a “hold” rating to a “buy” rating in a research note on Thursday, April 25th. Barclays reiterated a “buy” rating on shares of NXP Semiconductors in a research note on Sunday, May 5th. UBS Group lifted their target price on Willis Towers Watson from $202.00 to $220.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Morgan Stanley lifted their target price on Zynga and gave the stock an “overweight” rating in a research note on Thursday, May 2nd.
In related news, CAO David J. Grover sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 5th. The stock was sold at an average price of $144.25, for a total value of $432,750.00. Following the completion of the sale, the chief accounting officer now directly owns 9,931 shares in the company, valued at approximately $1,432,546.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Vincent De P. Mccarthy sold 3,091 shares of the business’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $137.34, for a total value of $424,517.94. Following the completion of the sale, the insider now owns 36,441 shares of the company’s stock, valued at $5,004,806.94. The disclosure for this sale can be found here. Insiders sold a total of 16,169 shares of company stock valued at $2,334,098 over the last 90 days. 2.71% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in VRSK. NN Investment Partners Holdings N.V. raised its holdings in shares of Verisk Analytics by 4.8% during the 2nd quarter. NN Investment Partners Holdings N.V. now owns 37,106 shares of the business services provider’s stock worth $5,434,000 after buying an additional 1,694 shares in the last quarter. Xact Kapitalforvaltning AB raised its holdings in shares of Verisk Analytics by 2.8% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 25,344 shares of the business services provider’s stock worth $3,712,000 after buying an additional 700 shares in the last quarter. Chicago Capital LLC acquired a new position in shares of Verisk Analytics during the 2nd quarter worth $366,000. Retirement Systems of Alabama raised its holdings in shares of Verisk Analytics by 0.3% during the 2nd quarter. Retirement Systems of Alabama now owns 76,327 shares of the business services provider’s stock worth $11,179,000 after buying an additional 191 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its holdings in shares of Verisk Analytics by 3.1% during the 2nd quarter. Crossmark Global Holdings Inc. now owns 12,496 shares of the business services provider’s stock worth $1,830,000 after buying an additional 377 shares in the last quarter. Institutional investors and hedge funds own 93.40% of the company’s stock.
VRSK stock traded up $0.64 during mid-day trading on Tuesday, reaching $151.83. The company had a trading volume of 492,179 shares, compared to its average volume of 768,695. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.69 and a quick ratio of 0.69. The stock’s 50 day moving average is $145.35. The company has a market capitalization of $24.85 billion, a P/E ratio of 36.94, a price-to-earnings-growth ratio of 3.39 and a beta of 0.76. Verisk Analytics has a 52 week low of $102.74 and a 52 week high of $152.10.
Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.03. Verisk Analytics had a return on equity of 33.36% and a net margin of 24.60%. The firm had revenue of $625.00 million during the quarter, compared to the consensus estimate of $618.14 million. During the same period last year, the company earned $0.94 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. As a group, equities analysts expect that Verisk Analytics will post 4.42 EPS for the current fiscal year.
The company also recently declared a special dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.33%.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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