RFG Advisory LLC Sells 197 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

RFG Advisory LLC cut its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 8.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,105 shares of the business services provider’s stock after selling 197 shares during the period. RFG Advisory LLC’s holdings in Verisk Analytics were worth $567,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. OFI Invest Asset Management purchased a new position in Verisk Analytics in the first quarter valued at approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter worth about $32,000. DSM Capital Partners LLC purchased a new stake in Verisk Analytics in the fourth quarter worth about $33,000. Riverview Trust Co purchased a new position in shares of Verisk Analytics during the first quarter valued at approximately $40,000. Finally, Crewe Advisors LLC bought a new stake in shares of Verisk Analytics during the first quarter valued at approximately $49,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of analyst reports. Robert W. Baird lifted their target price on shares of Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Morgan Stanley upped their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada restated an “outperform” rating and issued a $268.00 target price on shares of Verisk Analytics in a research note on Thursday, August 1st. Finally, BMO Capital Markets dropped their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. Nine 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 currently has an average rating of “Hold” and a consensus price target of $267.77.

Verisk Analytics Stock Down 0.7 %

VRSK stock traded down $1.76 on Monday, hitting $262.36. 453,328 shares of the company’s stock were exchanged, compared to its average volume of 845,094. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13. The firm has a 50 day moving average price of $270.20 and a two-hundred day moving average price of $249.75. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a market cap of $37.37 billion, a P/E ratio of 49.28, a price-to-earnings-growth ratio of 3.35 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million for the quarter, compared to the consensus estimate of $722.45 million. During the same period in the previous year, the business earned $1.51 EPS. The firm’s revenue for the quarter was up 6.2% on a year-over-year basis. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

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

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The stock was 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $277.38, for a total value of $55,476.00. Following the completion of the transaction, the chief financial officer now owns 16,408 shares of the company’s stock, valued at approximately $4,551,251.04. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction dated Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total value of $88,743.72. Following the completion of the transaction, the insider now directly owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 726 shares of company stock worth $196,682. 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.