Stephens Investment Management Group LLC boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 6.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 286,477 shares of the business services provider’s stock after acquiring an additional 16,589 shares during the quarter. Stephens Investment Management Group LLC owned 0.21% of Verisk Analytics worth $72,052,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Verisk Analytics during the 2nd quarter valued at about $556,192,000. Parnassus Investments LLC lifted its position in Verisk Analytics by 31.8% in the 3rd quarter. Parnassus Investments LLC now owns 1,492,715 shares of the business services provider’s stock worth $375,433,000 after buying an additional 360,419 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Verisk Analytics by 70.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 552,736 shares of the business services provider’s stock worth $172,177,000 after buying an additional 227,738 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Verisk Analytics by 1,417.3% in the second quarter. Assenagon Asset Management S.A. now owns 226,371 shares of the business services provider’s stock worth $70,515,000 after buying an additional 211,452 shares in the last quarter. Finally, Mackenzie Financial Corp grew its position in Verisk Analytics by 27.6% during the second quarter. Mackenzie Financial Corp now owns 806,170 shares of the business services provider’s stock valued at $251,122,000 after acquiring an additional 174,577 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.
Verisk Analytics Stock Performance
Shares of NASDAQ:VRSK opened at $220.41 on Friday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 8.55. The company has a 50-day moving average price of $220.61 and a 200-day moving average price of $247.86. The company has a market cap of $30.72 billion, a price-to-earnings ratio of 33.60, a price-to-earnings-growth ratio of 3.15 and a beta of 0.81. Verisk Analytics, Inc. has a 12 month low of $196.99 and a 12 month high of $322.92.
Verisk Analytics Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Monday, December 15th. Verisk Analytics’s dividend payout ratio is currently 27.44%.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the stock. Royal Bank Of Canada lowered their price objective on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a report on Thursday, October 30th. Morgan Stanley lowered their price target on shares of Verisk Analytics from $290.00 to $270.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. The Goldman Sachs Group cut their price target on shares of Verisk Analytics from $315.00 to $239.00 and set a “neutral” rating for the company in a research report on Thursday, October 30th. Wells Fargo & Company reduced their price objective on Verisk Analytics from $334.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, October 30th. Finally, JPMorgan Chase & Co. lowered their target price on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating for the company in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $278.64.
Check Out Our Latest Research Report on VRSK
Insider Buying and Selling
In related news, Director Jeffrey J. Dailey purchased 500 shares of the business’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average price of $217.03 per share, for a total transaction of $108,515.00. Following the completion of the acquisition, the director directly owned 3,962 shares in the company, valued at approximately $859,872.86. The trade was a 14.44% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gregory Hendrick acquired 500 shares of the firm’s stock in a transaction on Friday, October 31st. The stock was bought at an average price of $216.14 per share, with a total value of $108,070.00. Following the completion of the acquisition, the director directly owned 2,536 shares in the company, valued at approximately $548,131.04. This represents a 24.56% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 1,450 shares of company stock valued at $314,663 and have sold 1,700 shares valued at $369,648. Insiders own 0.46% of the company’s stock.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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