UBS Group Increases Verisk Analytics (NASDAQ:VRSK) Price Target to $124.00

Verisk Analytics (NASDAQ:VRSK) had its price target upped by UBS Group from $119.00 to $124.00 in a research note released on Wednesday, Stock Target Advisor reports. UBS Group currently has a sell rating on the business services provider’s stock.

Other equities analysts also recently issued research reports about the stock. Morgan Stanley raised their target price on shares of Zynga and gave the company an overweight rating in a research note on Thursday, May 2nd. Deutsche Bank set a $137.00 target price on shares of Verisk Analytics and gave the company a hold rating in a research note on Tuesday, April 23rd. BidaskClub raised shares of Zynga from a hold rating to a buy rating in a research note on Thursday, April 25th. SunTrust Banks raised their target price on shares of Markel to $1,100.00 and gave the company a hold rating in a research note on Thursday, May 2nd. Finally, Zacks Investment Research raised shares of Zymeworks from a hold rating to a buy rating and set a $19.00 target price on the stock in a research note on Saturday, April 27th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $130.45.

NASDAQ:VRSK opened at $151.83 on Wednesday. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.69 and a current ratio of 0.69. The stock has a market capitalization of $24.74 billion, a P/E ratio of 36.94, a P/E/G ratio of 3.38 and a beta of 0.76. Verisk Analytics has a fifty-two week low of $102.74 and a fifty-two week high of $152.10. The stock’s 50 day moving average is $145.35.



Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, April 30th. The business services provider reported $1.03 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.03. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. The business had revenue of $625.00 million for the quarter, compared to the consensus estimate of $618.14 million. During the same quarter last year, the firm posted $0.94 EPS. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. As a group, research analysts anticipate that Verisk Analytics will post 4.42 earnings per share for the current year.

The company also recently declared a special dividend, which was paid on Friday, June 28th. Investors of record on Friday, June 14th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.33%.

In other Verisk Analytics news, CAO David J. Grover sold 3,000 shares of the firm’s stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $144.25, for a total transaction of $432,750.00. Following the completion of the transaction, the chief accounting officer now directly owns 9,931 shares of the company’s stock, valued at approximately $1,432,546.75. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Vincent De P. Mccarthy sold 3,091 shares of the firm’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $137.34, for a total transaction of $424,517.94. Following the transaction, the insider now directly owns 36,441 shares of the company’s stock, valued at $5,004,806.94. The disclosure for this sale can be found here. Insiders have sold a total of 16,169 shares of company stock worth $2,334,098 in the last ninety days. 2.71% of the stock is currently owned by insiders.

A number of hedge funds have recently made changes to their positions in VRSK. LPL Financial LLC boosted its stake in shares of Verisk Analytics by 38.1% in the fourth quarter. LPL Financial LLC now owns 12,237 shares of the business services provider’s stock worth $1,334,000 after acquiring an additional 3,378 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Verisk Analytics by 10.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 11,684 shares of the business services provider’s stock worth $1,274,000 after buying an additional 1,139 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of Verisk Analytics by 210.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 8,127 shares of the business services provider’s stock worth $886,000 after buying an additional 5,509 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Verisk Analytics in the fourth quarter worth about $1,006,000. Finally, Korea Investment CORP lifted its position in shares of Verisk Analytics by 555.1% in the fourth quarter. Korea Investment CORP now owns 16,050 shares of the business services provider’s stock worth $1,750,000 after buying an additional 13,600 shares in the last quarter. 93.40% of the stock is owned by institutional investors.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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