Fort L.P. Has $252,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Fort L.P. decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 941 shares of the business services provider’s stock after selling 55 shares during the period. Fort L.P.’s holdings in Verisk Analytics were worth $252,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Nvwm LLC increased its stake in shares of Verisk Analytics by 1.3% during the 3rd quarter. Nvwm LLC now owns 6,086 shares of the business services provider’s stock worth $1,631,000 after purchasing an additional 79 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Verisk Analytics by 11.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,766 shares of the business services provider’s stock worth $473,000 after purchasing an additional 175 shares during the last quarter. Stephens Investment Management Group LLC increased its stake in shares of Verisk Analytics by 2.0% during the 3rd quarter. Stephens Investment Management Group LLC now owns 326,143 shares of the business services provider’s stock worth $87,393,000 after purchasing an additional 6,272 shares during the last quarter. Oak Ridge Investments LLC boosted its holdings in shares of Verisk Analytics by 6.4% during the 3rd quarter. Oak Ridge Investments LLC now owns 39,066 shares of the business services provider’s stock worth $10,468,000 after buying an additional 2,349 shares during the period. Finally, AustralianSuper Pty Ltd boosted its holdings in shares of Verisk Analytics by 95.3% during the 3rd quarter. AustralianSuper Pty Ltd now owns 2,607 shares of the business services provider’s stock worth $699,000 after buying an additional 1,272 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now owns 15,808 shares in the company, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Price Performance

Shares of Verisk Analytics stock traded up $0.76 during mid-day trading on Friday, reaching $275.48. 1,047,078 shares of the stock were exchanged, compared to its average volume of 609,307. The company has a market cap of $38.90 billion, a price-to-earnings ratio of 42.98, a price-to-earnings-growth ratio of 3.47 and a beta of 0.86. The company has a current ratio of 0.82, a quick ratio of 0.95 and a debt-to-equity ratio of 8.36. The firm has a 50-day simple moving average of $269.07 and a 200 day simple moving average of $262.52. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. The business had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the company posted $1.52 EPS. On average, sell-side analysts predict that Verisk Analytics, Inc. will post 6.61 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is presently 24.34%.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. UBS Group upped their price objective on shares of Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Evercore ISI reissued an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft increased 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. Finally, Robert W. Baird increased their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $285.80.

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.