Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Ycg LLC

Ycg LLC lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 197,951 shares of the business services provider’s stock after selling 717 shares during the period. Verisk Analytics makes up approximately 3.7% of Ycg LLC’s portfolio, making the stock its 9th biggest holding. Ycg LLC owned about 0.14% of Verisk Analytics worth $45,948,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. CVA Family Office LLC bought a new stake in shares of Verisk Analytics in the 4th quarter worth approximately $30,000. OFI Invest Asset Management bought a new stake in shares of Verisk Analytics in the 1st quarter worth approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Verisk Analytics in the 4th quarter worth approximately $32,000. DSM Capital Partners LLC bought a new stake in shares of Verisk Analytics in the 4th quarter worth approximately $33,000. Finally, Global Retirement Partners LLC raised its holdings in shares of Verisk Analytics by 48.5% in the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after purchasing an additional 49 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated 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 in the company, valued at $4,356,444.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $262.31, for a total transaction of $52,462.00. Following the sale, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Kathy Card Beckles sold 326 shares of the stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total transaction of $88,743.72. Following the sale, the insider now owns 7,470 shares in the company, valued at approximately $2,033,483.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,037 shares of company stock worth $517,263. 0.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

Verisk Analytics Trading Up 0.8 %

Shares of NASDAQ:VRSK traded up $2.29 during midday trading on Friday, hitting $277.38. 515,286 shares of the stock traded hands, compared to its average volume of 847,560. The stock has a market capitalization of $39.58 billion, a PE ratio of 52.13, a P/E/G ratio of 3.45 and a beta of 0.84. The business’s 50 day moving average is $259.85 and its two-hundred day moving average is $244.41. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $279.75.

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

Verisk Analytics Dividend Announcement

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

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.