Capital Asset Advisory Services LLC Decreases Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Capital Asset Advisory Services LLC decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 41.3% during the first quarter, HoldingsChannel reports. The fund owned 1,285 shares of the business services provider’s stock after selling 905 shares during the quarter. Capital Asset Advisory Services LLC’s holdings in Verisk Analytics were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. CVA Family Office LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter valued at about $30,000. Frazier Financial Advisors LLC purchased a new position in shares of Verisk Analytics in the 4th quarter valued at approximately $32,000. DSM Capital Partners LLC purchased a new position in shares of Verisk Analytics in the 4th quarter valued at approximately $33,000. Global Retirement Partners LLC raised its position in shares of Verisk Analytics by 48.5% in the 4th quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 49 shares during the last quarter. Finally, Riverview Trust Co purchased a new position in shares of Verisk Analytics in the 1st quarter valued at approximately $40,000. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the sale, the chief financial officer now owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Nicholas Daffan sold 1,511 shares of the stock in a transaction on Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the completion of the transaction, the insider now directly owns 52,500 shares in the company, valued at approximately $13,066,200. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now owns 16,608 shares of the company’s stock, valued at $4,356,444.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,265 shares of company stock worth $774,953. Corporate insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on VRSK shares. BMO Capital Markets increased their price target on shares of Verisk Analytics from $238.00 to $241.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. Evercore ISI increased their price target on shares of Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a report on Tuesday. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of “Hold” and an average price target of $255.08.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK traded down $1.30 during midday trading on Friday, reaching $269.55. 1,084,203 shares of the stock were exchanged, compared to its average volume of 861,902. The firm has a 50-day simple moving average of $250.95 and a two-hundred day simple moving average of $242.15. Verisk Analytics, Inc. has a twelve month low of $215.32 and a twelve month high of $273.70. The firm has a market cap of $38.46 billion, a price-to-earnings ratio of 50.29, a PEG ratio of 3.36 and a beta of 0.83. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, May 1st. The business services provider reported $1.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.52 by $0.11. The firm had revenue of $704.00 million for the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.29 EPS. As a group, analysts anticipate that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Saturday, June 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. Verisk Analytics’s payout ratio is currently 29.10%.

Verisk Analytics Company 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.