Valeo Financial Advisors LLC Sells 107 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Valeo Financial Advisors LLC reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.6% during the second quarter, according to its most recent filing with the SEC. The fund owned 817 shares of the business services provider’s stock after selling 107 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Verisk Analytics were worth $220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gulf International Bank UK Ltd lifted its holdings in shares of Verisk Analytics by 0.9% in the second quarter. Gulf International Bank UK Ltd now owns 26,499 shares of the business services provider’s stock worth $7,142,000 after buying an additional 236 shares in the last quarter. Park Avenue Securities LLC grew its holdings in shares of Verisk Analytics by 4.3% in the second quarter. Park Avenue Securities LLC now owns 9,457 shares of the business services provider’s stock worth $2,549,000 after purchasing an additional 387 shares during the last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of Verisk Analytics by 2.8% in the second quarter. Kingswood Wealth Advisors LLC now owns 4,070 shares of the business services provider’s stock worth $1,097,000 after purchasing an additional 109 shares during the last quarter. DNB Asset Management AS grew its holdings in shares of Verisk Analytics by 3.4% in the second quarter. DNB Asset Management AS now owns 28,022 shares of the business services provider’s stock worth $7,553,000 after purchasing an additional 932 shares during the last quarter. Finally, First Hawaiian Bank lifted its stake in Verisk Analytics by 44.3% in the second quarter. First Hawaiian Bank now owns 8,075 shares of the business services provider’s stock worth $2,177,000 after acquiring an additional 2,480 shares during the period. 90.00% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $262.31, for a total transaction of $52,462.00. Following the transaction, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total value of $88,743.72. Following the sale, the insider now owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The transaction was disclosed in a 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 Monday, June 17th. The stock was 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,237 shares of company stock worth $572,739. 0.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Morgan Stanley raised their price target on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Robert W. Baird raised their price target on Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft lifted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets reduced their price objective on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Finally, Evercore ISI lifted their price objective on Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research report on Tuesday, June 25th. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $267.77.

Verisk Analytics Stock Down 0.4 %

Shares of NASDAQ VRSK traded down $1.09 during mid-day trading on Friday, reaching $263.51. 102,574 shares of the company were exchanged, compared to its average volume of 845,903. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The stock has a market cap of $37.53 billion, a price-to-earnings ratio of 49.37, a P/E/G ratio of 3.31 and a beta of 0.84. Verisk Analytics, Inc. has a 1 year low of $215.32 and a 1 year high of $287.13. The firm has a 50-day moving average of $269.98 and a 200 day moving average of $249.53.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. The business had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.51 earnings per share. On average, research analysts expect that Verisk Analytics, Inc. will post 6.55 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Sunday, September 15th will be given a $0.39 dividend. The ex-dividend date is Friday, September 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.59%. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

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.