Charles Schwab Investment Management Inc. Has $214.68 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Charles Schwab Investment Management Inc. lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.0% during the third quarter, Holdings Channel reports. The fund owned 801,150 shares of the business services provider’s stock after buying an additional 8,262 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Verisk Analytics were worth $214,676,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VRSK. International Assets Investment Management LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth about $31,000. Chilton Capital Management LLC bought a new position in Verisk Analytics in the second quarter worth approximately $34,000. Ashton Thomas Securities LLC acquired a new stake in Verisk Analytics in the third quarter valued at approximately $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $41,000. Finally, Kings Path Partners LLC acquired a new position in shares of Verisk Analytics during the second quarter worth approximately $46,000. 90.00% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the transaction, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the sale, the chief executive officer now owns 53,163 shares in the company, valued at approximately $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,400 shares of company stock valued at $678,764 over the last ninety days. 0.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of recent research reports. Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. BMO Capital Markets upped their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Robert W. Baird lifted their price target on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Deutsche Bank Aktiengesellschaft boosted 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. Finally, Barclays lifted their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Six analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, Verisk Analytics presently has a consensus rating of “Moderate Buy” and an average target price of $285.80.

Verisk Analytics Trading Up 1.1 %

Shares of Verisk Analytics stock opened at $290.73 on Friday. The stock has a fifty day moving average price of $272.66 and a 200-day moving average price of $268.42. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $41.05 billion, a PE ratio of 45.36, a P/E/G ratio of 3.60 and a beta of 0.86. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $291.42.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping the consensus estimate of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The business had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. During the same quarter in the previous year, the firm posted $1.52 earnings per share. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. Equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Verisk Analytics 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.