1,226 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Purchased by Schrum Private Wealth Management LLC

Schrum Private Wealth Management LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the 3rd quarter, Holdings Channel reports. The fund acquired 1,226 shares of the business services provider’s stock, valued at approximately $329,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Marshall Financial Group LLC lifted its stake in Verisk Analytics by 0.8% in the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock worth $1,322,000 after purchasing an additional 38 shares during the last quarter. Signaturefd LLC lifted its stake in shares of Verisk Analytics by 1.5% during the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock worth $693,000 after acquiring an additional 38 shares during the last quarter. Brookstone Capital Management boosted its holdings in Verisk Analytics by 1.2% during the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock valued at $982,000 after acquiring an additional 41 shares during the period. EverSource Wealth Advisors LLC grew its position in Verisk Analytics by 19.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock valued at $57,000 after acquiring an additional 42 shares during the last quarter. Finally, Ascent Group LLC grew its position in Verisk Analytics by 1.8% in the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock valued at $664,000 after acquiring an additional 43 shares during the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. BMO Capital Markets lifted their target price on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Evercore ISI reissued an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Barclays raised their target price on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. Finally, Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Six equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $285.80.

Verisk Analytics Trading Up 0.7 %

Shares of NASDAQ VRSK opened at $290.04 on Thursday. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $291.42. The business has a fifty day moving average price of $270.56 and a 200 day moving average price of $265.74. The stock has a market capitalization of $40.96 billion, a P/E ratio of 45.25, a price-to-earnings-growth ratio of 3.61 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.60 by $0.07. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.52 earnings per share. Equities research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date is Friday, December 13th. Verisk Analytics’s payout ratio is presently 24.34%.

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.