New Mexico Educational Retirement Board trimmed its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,700 shares of the business services provider’s stock after selling 100 shares during the period. New Mexico Educational Retirement Board’s holdings in Verisk Analytics were worth $1,822,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Legal & General Group Plc grew its holdings in shares of Verisk Analytics by 10.3% during the fourth quarter. Legal & General Group Plc now owns 848,106 shares of the business services provider’s stock worth $92,451,000 after purchasing an additional 79,434 shares during the last quarter. Amundi Pioneer Asset Management Inc. grew its holdings in shares of Verisk Analytics by 1.8% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 506,833 shares of the business services provider’s stock worth $55,265,000 after purchasing an additional 9,115 shares during the last quarter. Carroll Financial Associates Inc. grew its holdings in shares of Verisk Analytics by 87.6% during the fourth quarter. Carroll Financial Associates Inc. now owns 452 shares of the business services provider’s stock worth $49,000 after purchasing an additional 211 shares during the last quarter. Linscomb & Williams Inc. purchased a new position in shares of Verisk Analytics during the fourth quarter worth about $2,706,000. Finally, Machina Capital S.A.S. purchased a new position in shares of Verisk Analytics during the fourth quarter worth about $417,000. Institutional investors own 92.87% of the company’s stock.

Shares of VRSK opened at $137.99 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $95.21 and a fifty-two week high of $138.93. The stock has a market cap of $22.56 billion, a PE ratio of 33.57, a price-to-earnings-growth ratio of 3.02 and a beta of 0.79. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.49 and a quick ratio of 0.49.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, February 19th. The business services provider reported $1.04 earnings per share for the quarter, missing the consensus estimate of $1.07 by ($0.03). Verisk Analytics had a return on equity of 32.77% and a net margin of 25.00%. The business had revenue of $613.90 million for the quarter, compared to analyst estimates of $613.07 million. During the same quarter last year, the company posted $0.81 EPS. Verisk Analytics’s quarterly revenue was up 7.6% on a year-over-year basis. On average, sell-side analysts anticipate that Verisk Analytics, Inc. will post 4.46 EPS for the current year.

The firm also recently announced a special dividend, which was paid on Friday, March 29th. Stockholders of record on Friday, March 15th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, March 14th. Verisk Analytics’s dividend payout ratio (DPR) is 6.08%.

Several equities analysts have issued reports on the company. Robert W. Baird set a $137.00 price objective on Verisk Analytics and gave the stock an “outperform” rating in a report on Wednesday, February 20th. Zacks Investment Research raised Verisk Analytics from a “sell” rating to a “hold” rating in a report on Monday, January 21st. BidaskClub lowered Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 9th. UBS Group raised their price objective on Verisk Analytics from $100.00 to $106.00 and gave the stock a “sell” rating in a report on Tuesday, March 12th. Finally, Morgan Stanley set a $119.00 price objective on Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, January 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $119.20.

In related news, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were sold at an average price of $128.82, for a total value of $386,460.00. Following the completion of the sale, the director now owns 66,605 shares in the company, valued at $8,580,056.10. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the firm’s stock in a transaction dated Tuesday, February 19th. The shares were sold at an average price of $124.92, for a total transaction of $386,002.80. Following the completion of the sale, the insider now owns 37,127 shares of the company’s stock, valued at approximately $4,637,904.84. The disclosure for this sale can be found here. Insiders have sold 35,139 shares of company stock valued at $4,461,097 in the last quarter. Insiders own 2.71% of the company’s stock.

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Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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