Ycg LLC Has $45.95 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Ycg LLC cut its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 197,951 shares of the business services provider’s stock after selling 717 shares during the quarter. Verisk Analytics accounts for about 3.7% of Ycg LLC’s portfolio, making the stock its 9th biggest holding. Ycg LLC’s holdings in Verisk Analytics were worth $45,948,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. CVA Family Office LLC bought a new position in shares of Verisk Analytics during the fourth quarter worth about $30,000. OFI Invest Asset Management bought a new position in shares of Verisk Analytics during the first quarter worth about $28,000. Frazier Financial Advisors LLC bought a new position in shares of Verisk Analytics during the fourth quarter worth about $32,000. DSM Capital Partners LLC bought a new position in shares of Verisk Analytics during the fourth quarter worth about $33,000. Finally, Global Retirement Partners LLC grew its holdings in shares of Verisk Analytics by 48.5% during the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after buying an additional 49 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Price Performance

Verisk Analytics stock traded up $2.29 during mid-day trading on Friday, reaching $277.38. 515,286 shares of the company were exchanged, compared to its average volume of 847,560. The company has a fifty day simple moving average of $259.85 and a 200-day simple moving average of $244.41. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $279.75. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a market cap of $39.58 billion, a PE ratio of 52.13, a PEG ratio of 3.45 and a beta of 0.84.

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

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Saturday, June 15th were issued a $0.39 dividend. The ex-dividend date of this dividend was Friday, June 14th. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

Insider Buying and Selling

In related news, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction on Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total value of $88,743.72. Following the sale, the insider now owns 7,470 shares of the company’s stock, valued at $2,033,483.40. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, insider Kathy Card Beckles sold 326 shares of the firm’s stock in a transaction on Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total transaction of $88,743.72. Following the completion of the transaction, the insider now directly owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Nicholas Daffan sold 1,511 shares of the firm’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $248.88, for a total value of $376,057.68. Following the transaction, the insider now directly owns 52,500 shares of the company’s stock, valued at $13,066,200. The disclosure for this sale can be found here. Insiders have sold a total of 2,037 shares of company stock worth $517,263 in the last ninety days. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. 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, June 25th. UBS Group increased their price target on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, 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. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $257.21.

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.