Piedmont Investment Advisors Inc. raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.8% in the 1st quarter, Holdings Channel reports. The fund owned 14,296 shares of the business services provider’s stock after acquiring an additional 255 shares during the quarter. Piedmont Investment Advisors Inc.’s holdings in Verisk Analytics were worth $1,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Harvest Group Wealth Management LLC purchased a new position in shares of Verisk Analytics during the 1st quarter worth approximately $26,000. Bollard Group LLC purchased a new position in shares of Verisk Analytics during the 4th quarter worth approximately $33,000. Executive Wealth Management LLC purchased a new position in shares of Verisk Analytics during the 4th quarter worth approximately $33,000. Ropes Wealth Advisors LLC purchased a new position in shares of Verisk Analytics during the 1st quarter worth approximately $39,000. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of Verisk Analytics by 10,289.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,530,830 shares of the business services provider’s stock worth $42,000 after buying an additional 4,487,221 shares in the last quarter. 92.63% of the stock is owned by hedge funds and other institutional investors.

In related news, insider Vincent De P. Mccarthy sold 3,090 shares of the firm’s stock in a transaction that occurred on Monday, March 18th. The stock was sold at an average price of $128.15, for a total value of $395,983.50. Following the completion of the transaction, the insider now directly owns 37,127 shares of the company’s stock, valued at approximately $4,757,825.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director now directly owns 66,605 shares of the company’s stock, valued at $8,580,056.10. The disclosure for this sale can be found here. Insiders sold a total of 12,299 shares of company stock valued at $1,601,607 over the last ninety days. 2.71% of the stock is currently owned by company insiders.

A number of equities analysts have recently issued reports on VRSK shares. UBS Group increased their target price on Verisk Analytics from $106.00 to $111.00 and gave the stock a “sell” rating in a research note on Tuesday, April 9th. Barclays reissued a “buy” rating and set a $155.00 target price on shares of Verisk Analytics in a research note on Sunday, May 5th. SunTrust Banks increased their target price on Verisk Analytics to $150.00 and gave the stock a “hold” rating in a research note on Thursday, May 2nd. They noted that the move was a valuation call. Deutsche Bank set a $137.00 target price on Verisk Analytics and gave the stock a “hold” rating in a research note on Tuesday, April 23rd. Finally, BidaskClub downgraded Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $130.00.

NASDAQ VRSK opened at $142.21 on Friday. Verisk Analytics, Inc. has a 1-year low of $102.74 and a 1-year high of $144.48. The company has a market capitalization of $23.27 billion, a P/E ratio of 34.60, a PEG ratio of 3.20 and a beta of 0.80. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.03 earnings per share for the quarter, meeting the consensus estimate of $1.03. Verisk Analytics had a return on equity of 33.36% and a net margin of 24.60%. The firm had revenue of $625.00 million during the quarter, compared to the consensus estimate of $618.14 million. During the same period last year, the business posted $0.94 EPS. Verisk Analytics’s quarterly revenue was up 7.5% on a year-over-year basis. On average, equities research analysts expect that Verisk Analytics, Inc. will post 4.42 EPS for the current fiscal year.

The company also recently disclosed a special dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.25 dividend. The ex-dividend date is Thursday, June 13th. Verisk Analytics’s payout ratio is currently 6.08%.

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About Verisk Analytics

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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Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

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

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