Verisk Analytics, Inc. (NASDAQ:VRSK) Stake Decreased by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,456 shares of the business services provider’s stock after selling 150 shares during the period. Koshinski Asset Management Inc.’s holdings in Verisk Analytics were worth $1,194,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Epoch Investment Partners Inc. boosted its position in Verisk Analytics by 60.4% during the 2nd quarter. Epoch Investment Partners Inc. now owns 541,426 shares of the business services provider’s stock worth $145,941,000 after acquiring an additional 203,951 shares during the period. Vanguard Group Inc. lifted its holdings in Verisk Analytics by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 16,407,133 shares of the business services provider’s stock worth $3,919,008,000 after purchasing an additional 170,620 shares during the period. Swedbank AB bought a new position in Verisk Analytics in the 1st quarter valued at about $28,739,000. Acadian Asset Management LLC increased its stake in Verisk Analytics by 187.1% during the 2nd quarter. Acadian Asset Management LLC now owns 171,835 shares of the business services provider’s stock valued at $46,305,000 after buying an additional 111,992 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Verisk Analytics by 7.4% during the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock worth $436,204,000 after buying an additional 111,364 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Down 0.0 %

VRSK stock opened at $268.23 on Monday. The company’s 50 day simple moving average is $268.24 and its 200-day simple moving average is $258.49. Verisk Analytics, Inc. has a 52-week low of $215.32 and a 52-week high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $38.27 billion, a P/E ratio of 50.04, a P/E/G ratio of 3.41 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company had revenue of $716.80 million during the quarter, compared to analyst estimates of $722.45 million. During the same quarter in the prior year, the company earned $1.51 earnings per share. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. As a group, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.57 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Sunday, September 15th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, September 13th. This represents a $1.56 annualized dividend and a yield of 0.58%. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on VRSK shares. Robert W. Baird raised their price objective 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. Royal Bank of Canada restated an “outperform” rating and issued a $268.00 price objective on shares of Verisk Analytics in a report on Thursday, August 1st. UBS Group lifted their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. BMO Capital Markets cut their price target on shares of 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, Morgan Stanley lifted their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Seven analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Verisk Analytics has a consensus rating of “Moderate Buy” and an average price target of $276.69.

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.