Webster Bank N. A. Buys 46 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Webster Bank N. A. boosted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 28.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 208 shares of the business services provider’s stock after acquiring an additional 46 shares during the period. Webster Bank N. A.’s holdings in Verisk Analytics were worth $49,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CVA Family Office LLC acquired a new position in shares of Verisk Analytics during the fourth quarter worth approximately $30,000. Frazier Financial Advisors LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at $32,000. DSM Capital Partners LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at $33,000. Global Retirement Partners LLC raised its position in 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 buying an additional 49 shares during the last quarter. Finally, Riverview Trust Co purchased a new stake in Verisk Analytics in the 1st quarter valued at $40,000. 90.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Verisk Analytics Stock Performance

Shares of VRSK stock traded down $1.30 on Friday, hitting $269.55. 1,101,753 shares of the stock were exchanged, compared to its average volume of 765,502. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 9.94. The firm has a market capitalization of $38.46 billion, a PE ratio of 50.29, a P/E/G ratio of 3.37 and a beta of 0.83. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $273.70. The firm’s 50 day moving average is $250.95 and its two-hundred day moving average is $242.15.

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

Verisk Analytics Announces Dividend

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

Insiders Place Their Bets

In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the transaction, the insider now owns 51,715 shares in the company, valued at approximately $11,528,824.95. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,554 shares of the firm’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the transaction, the insider now owns 51,715 shares in the company, valued at approximately $11,528,824.95. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the transaction, the chief financial officer now owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The disclosure for this sale can be found here. Insiders sold a total of 3,265 shares of company stock worth $774,953 in the last quarter. 0.40% of the stock is owned by company insiders.

Verisk Analytics 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.