Quantbot Technologies LP Boosts Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Quantbot Technologies LP raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 214.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,619 shares of the business services provider’s stock after buying an additional 14,071 shares during the period. Quantbot Technologies LP’s holdings in Verisk Analytics were worth $4,861,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of VRSK. CVA Family Office LLC acquired a new position in Verisk Analytics in the 4th quarter valued at about $30,000. OFI Invest Asset Management acquired a new stake in shares of Verisk Analytics during the first quarter worth $28,000. Frazier Financial Advisors LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at about $32,000. DSM Capital Partners LLC acquired a new position in Verisk Analytics during the fourth quarter worth approximately $33,000. Finally, Global Retirement Partners LLC increased its holdings in shares of Verisk Analytics by 48.5% during the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after buying an additional 49 shares during the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of VRSK stock traded up $2.29 during trading hours on Friday, reaching $277.38. The stock had a trading volume of 515,286 shares, compared to its average volume of 847,560. The firm has a market capitalization of $39.58 billion, a PE ratio of 52.13, a PEG ratio of 3.45 and a beta of 0.84. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 9.94. The stock’s fifty day simple moving average is $259.85 and its 200 day simple moving average is $244.41. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $279.75.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, May 1st. The business services provider reported $1.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.52 by $0.11. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The business had revenue of $704.00 million during the quarter, compared to analyst estimates of $699.07 million. During the same period in the prior year, the business posted $1.29 earnings per share. The company’s revenue was up 8.0% on a year-over-year basis. On average, equities research analysts predict that Verisk Analytics, Inc. will post 6.55 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Saturday, June 15th were issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date was Friday, June 14th. Verisk Analytics’s payout ratio is 29.10%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VRSK. BMO Capital Markets lifted their price target on Verisk Analytics from $238.00 to $241.00 and gave the stock a “market perform” rating in a research note on Thursday, May 2nd. UBS Group boosted their price target on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Evercore ISI raised their price objective on shares of Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $257.21.

Insider Transactions at Verisk Analytics

In related news, insider Nicholas Daffan sold 1,511 shares of Verisk Analytics stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the sale, the insider now owns 52,500 shares of the company’s stock, valued at approximately $13,066,200. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the sale, the chief financial officer now owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Nicholas Daffan sold 1,511 shares of Verisk Analytics stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the transaction, the insider now directly owns 52,500 shares of the company’s stock, valued at $13,066,200. The disclosure for this sale can be found here. Insiders have sold 2,037 shares of company stock worth $517,263 in the last 90 days. 0.40% of the stock is currently 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.