Charles Schwab Investment Management Inc. Has $214.68 Million Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Charles Schwab Investment Management Inc. grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 801,150 shares of the business services provider’s stock after buying an additional 8,262 shares during the period. Charles Schwab Investment Management Inc. owned 0.57% of Verisk Analytics worth $214,676,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Landscape Capital Management L.L.C. lifted its holdings in Verisk Analytics by 2.8% during the 3rd quarter. Landscape Capital Management L.L.C. now owns 4,327 shares of the business services provider’s stock valued at $1,159,000 after purchasing an additional 119 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of Verisk Analytics by 26.5% during the 3rd quarter. Intech Investment Management LLC now owns 26,204 shares of the business services provider’s stock worth $7,022,000 after buying an additional 5,493 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in Verisk Analytics by 111.5% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 24,681 shares of the business services provider’s stock valued at $6,614,000 after buying an additional 13,010 shares during the last quarter. King Luther Capital Management Corp raised its holdings in Verisk Analytics by 2.2% in the 3rd quarter. King Luther Capital Management Corp now owns 164,767 shares of the business services provider’s stock valued at $44,151,000 after acquiring an additional 3,552 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its position in Verisk Analytics by 2.2% during the third quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock worth $543,000 after acquiring an additional 43 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Trading Up 1.1 %

Shares of VRSK stock opened at $290.73 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $291.42. The stock’s fifty day moving average price is $272.66 and its two-hundred day moving average price is $268.42. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $41.05 billion, a PE ratio of 45.36, a P/E/G ratio of 3.60 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.07. The company had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.52 EPS. Equities analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Insider Transactions at Verisk Analytics

In other news, CEO Lee Shavel sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $286,490.00. Following the completion of the transaction, the chief executive officer now directly owns 54,163 shares in the company, valued at $15,517,157.87. This trade represents a 1.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the sale, the chief financial officer now owns 15,608 shares in the company, valued at $4,471,535.92. The trade was a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,400 shares of company stock worth $678,764. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the topic of several research reports. Barclays upped their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Evercore ISI reissued an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a report on Wednesday, October 2nd. BMO Capital Markets upped their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Finally, Morgan Stanley increased their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 31st. Six analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $285.80.

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.