Landscape Capital Management L.L.C. purchased a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,673 shares of the business services provider’s stock, valued at approximately $1,198,000.
Several other large investors have also modified their holdings of the stock. Oppenheimer Asset Management Inc. increased its position in shares of Verisk Analytics by 25.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 90,522 shares of the business services provider’s stock worth $20,249,000 after purchasing an additional 18,461 shares in the last quarter. Varma Mutual Pension Insurance Co acquired a new stake in shares of Verisk Analytics in the fourth quarter valued at approximately $13,489,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Verisk Analytics by 5.1% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 302,134 shares of the business services provider’s stock worth $66,778,000 after acquiring an additional 14,720 shares during the last quarter. Premier Fund Managers Ltd purchased a new stake in Verisk Analytics in the 4th quarter valued at $2,367,000. Finally, Danske Bank A S boosted its stake in Verisk Analytics by 8.1% during the 4th quarter. Danske Bank A S now owns 76,761 shares of the business services provider’s stock worth $17,171,000 after purchasing an additional 5,740 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.
Verisk Analytics Price Performance
VRSK stock opened at $187.50 on Monday. Verisk Analytics, Inc. has a 52 week low of $155.94 and a 52 week high of $274.78. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 10.42. The company has a market cap of $24.41 billion, a P/E ratio of 28.80, a P/E/G ratio of 2.10 and a beta of 0.67. The company’s 50-day moving average price is $187.99 and its 200 day moving average price is $185.26.
Verisk Analytics Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, September 15th. Verisk Analytics’s payout ratio is 30.72%.
Analysts Set New Price Targets
A number of brokerages have recently commented on VRSK. Robert W. Baird set a $247.00 target price on shares of Verisk Analytics in a report on Thursday, July 30th. BMO Capital Markets restated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, July 30th. Weiss Ratings downgraded Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 11th. Evercore set a $223.00 price objective on Verisk Analytics in a research note on Thursday, July 30th. Finally, Bank of America decreased their price objective on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a research report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has an average rating of “Hold” and an average target price of $236.27.
Read Our Latest Stock Report on Verisk Analytics
Insiders Place Their Bets
In related news, CFO Elizabeth Mann sold 400 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $179.95, for a total value of $71,980.00. Following the sale, the chief financial officer directly owned 18,384 shares of the company’s stock, valued at approximately $3,308,200.80. This represents a 2.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lee Shavel sold 3,535 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $196.94, for a total transaction of $696,182.90. Following the transaction, the chief executive officer owned 98,490 shares of the company’s stock, valued at $19,396,620.60. This trade represents a 3.46% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 22,227 shares of company stock worth $4,174,599. 0.52% of the stock is owned by company insiders.
Verisk Analytics Profile
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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