Natixis Advisors LLC Has $36.04 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Natixis Advisors LLC increased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,486 shares of the business services provider’s stock after buying an additional 9,850 shares during the period. Natixis Advisors LLC owned 0.10% of Verisk Analytics worth $36,037,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CIBC Asset Management Inc raised its position in shares of Verisk Analytics by 5.7% in the third quarter. CIBC Asset Management Inc now owns 44,290 shares of the business services provider’s stock valued at $11,868,000 after buying an additional 2,374 shares in the last quarter. Diversified Trust Co acquired a new stake in shares of Verisk Analytics in the second quarter valued at approximately $1,325,000. KBC Group NV raised its position in shares of Verisk Analytics by 15.3% in the third quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after buying an additional 4,767 shares in the last quarter. OFI Invest Asset Management raised its position in shares of Verisk Analytics by 2,181.7% in the second quarter. OFI Invest Asset Management now owns 2,875 shares of the business services provider’s stock valued at $723,000 after buying an additional 2,749 shares in the last quarter. Finally, Swedbank AB acquired a new position in Verisk Analytics during the first quarter valued at approximately $28,739,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. BMO Capital Markets boosted their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, Evercore ISI restated an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock opened at $280.80 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $291.42. The stock has a market cap of $39.65 billion, a price-to-earnings ratio of 43.81, a P/E/G ratio of 3.52 and a beta of 0.86. The company’s fifty day moving average is $271.31 and its 200 day moving average is $267.04.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 earnings per share 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 company had revenue of $725.30 million for the quarter, compared to analysts’ expectations of $722.19 million. During the same quarter in the previous year, the firm posted $1.52 earnings per share. Verisk Analytics’s revenue for the quarter was up 7.0% on a year-over-year basis. Sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.56%. Verisk Analytics’s dividend payout ratio is 24.34%.

Insider Buying and Selling

In related news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at $4,289,184.64. The trade was a 1.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.40% of the stock is currently owned by insiders.

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.