Verisk Analytics (NASDAQ:VRSK) Price Target Increased to $282.00 by Analysts at Deutsche Bank Aktiengesellschaft

Verisk Analytics (NASDAQ:VRSK) had its price objective lifted by Deutsche Bank Aktiengesellschaft from $280.00 to $282.00 in a research report sent to investors on Thursday, Benzinga reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the business services provider’s stock.

Other equities research analysts have also issued research reports about the company. Morgan Stanley upped their price target on Verisk Analytics from $243.00 to $260.00 and gave the company an equal weight rating in a research report on Wednesday. Evercore ISI upped their target price 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. BMO Capital Markets dropped their price target on Verisk Analytics from $278.00 to $263.00 and set a market perform rating on the stock in a research note on Thursday. UBS Group increased their price objective on Verisk Analytics from $255.00 to $285.00 and gave the stock a neutral rating in a research note on Tuesday, July 9th. Finally, Royal Bank of Canada reissued an outperform rating and issued a $268.00 price objective on shares of Verisk Analytics in a research note on Thursday. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of Hold and an average price target of $268.29.

Verisk Analytics Stock Performance

VRSK traded up $2.19 during trading on Thursday, hitting $263.56. The stock had a trading volume of 326,808 shares, compared to its average volume of 843,458. The company has a 50 day moving average price of $268.65 and a 200-day moving average price of $248.65. The firm has a market cap of $37.60 billion, a price-to-earnings ratio of 48.76, a P/E/G ratio of 3.26 and a beta of 0.84. Verisk Analytics has a one year low of $215.32 and a one year high of $287.13. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.10. The firm had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. Verisk Analytics had a return on equity of 270.96% and a net margin of 32.03%. The company’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.51 EPS. As a group, research analysts predict that Verisk Analytics will post 6.54 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be issued a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.59%. Verisk Analytics’s dividend payout ratio is currently 29.10%.

Insider Activity

In other news, 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 transaction of $52,462.00. Following the completion of the transaction, the chief financial officer now owns 16,608 shares in the company, valued at $4,356,444.48. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, insider Nicholas Daffan sold 1,511 shares of the stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the completion of the transaction, the insider now owns 52,500 shares of the company’s stock, valued at approximately $13,066,200. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 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 transaction of $52,462.00. Following the completion of the sale, the chief financial officer now directly 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 2,237 shares of company stock worth $572,739 over the last 90 days. Corporate insiders own 0.40% of the company’s stock.

Institutional Trading of Verisk Analytics

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in Verisk Analytics in the second quarter worth about $31,000. Chilton Capital Management LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $34,000. OFI Invest Asset Management bought a new stake in shares of Verisk Analytics during the first quarter valued at approximately $28,000. Frazier Financial Advisors LLC bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $32,000. Finally, DSM Capital Partners LLC bought a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $33,000. Institutional investors own 90.00% of the company’s stock.

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.