UBS Asset Management Americas Inc. Boosts Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

UBS Asset Management Americas Inc. increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 660,164 shares of the business services provider’s stock after purchasing an additional 34,381 shares during the quarter. UBS Asset Management Americas Inc.’s holdings in Verisk Analytics were worth $137,043,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Girard Partners LTD. boosted its stake in Verisk Analytics by 6.3% in the 4th quarter. Girard Partners LTD. now owns 7,489 shares of the business services provider’s stock worth $1,554,000 after purchasing an additional 445 shares during the period. Franklin Street Advisors Inc. NC boosted its position in shares of Verisk Analytics by 1.2% in the fourth quarter. Franklin Street Advisors Inc. NC now owns 50,892 shares of the business services provider’s stock valued at $10,565,000 after acquiring an additional 593 shares during the period. Advisor OS LLC boosted its position in shares of Verisk Analytics by 42.8% in the fourth quarter. Advisor OS LLC now owns 6,062 shares of the business services provider’s stock valued at $1,258,000 after acquiring an additional 1,817 shares during the period. Westpac Banking Corp grew its stake in Verisk Analytics by 6.4% during the fourth quarter. Westpac Banking Corp now owns 50,574 shares of the business services provider’s stock valued at $10,499,000 after acquiring an additional 3,042 shares in the last quarter. Finally, Synovus Financial Corp increased its holdings in Verisk Analytics by 3.8% during the 4th quarter. Synovus Financial Corp now owns 22,841 shares of the business services provider’s stock worth $4,742,000 after acquiring an additional 846 shares during the period. Institutional investors own 88.17% of the company’s stock.

In related news, Director Christopher M. Foskett sold 499 shares of the company’s stock in a transaction that occurred on Monday, March 22nd. The stock was sold at an average price of $175.00, for a total value of $87,325.00. Following the transaction, the director now directly owns 16,497 shares of the company’s stock, valued at approximately $2,886,975. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David B. Wright sold 2,550 shares of the stock in a transaction on Tuesday, March 2nd. The shares were sold at an average price of $166.34, for a total value of $424,167.00. Over the last 90 days, insiders have sold 4,790 shares of company stock valued at $820,166. 2.55% of the stock is owned by company insiders.

A number of research firms have recently commented on VRSK. UBS Group upgraded shares of Verisk Analytics from a “sell” rating to a “neutral” rating and reduced their price target for the company from $196.00 to $177.00 in a research report on Monday, March 1st. Zacks Investment Research upgraded Verisk Analytics from a “hold” rating to a “buy” rating and set a $198.00 target price for the company in a research report on Thursday, February 4th. Barclays raised their price target on Verisk Analytics from $220.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, December 17th. Deutsche Bank Aktiengesellschaft raised Verisk Analytics from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $192.00 to $196.00 in a report on Monday, March 15th. Finally, Morgan Stanley lowered their target price on shares of Verisk Analytics from $216.00 to $201.00 and set an “overweight” rating on the stock in a research note on Monday, March 29th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Verisk Analytics currently has a consensus rating of “Buy” and a consensus target price of $195.67.

Verisk Analytics stock opened at $179.99 on Thursday. Verisk Analytics, Inc. has a twelve month low of $142.46 and a twelve month high of $210.66. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.24. The firm has a fifty day simple moving average of $175.39 and a two-hundred day simple moving average of $188.60. The company has a market capitalization of $29.30 billion, a PE ratio of 57.69, a P/E/G ratio of 3.69 and a beta of 0.67.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Monday, February 22nd. The business services provider reported $1.27 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.30 by ($0.03). The company had revenue of $713.30 million during the quarter, compared to the consensus estimate of $717.04 million. Verisk Analytics had a return on equity of 36.42% and a net margin of 19.12%. The firm’s revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.13 earnings per share. As a group, equities analysts expect that Verisk Analytics, Inc. will post 4.9 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 31st. Shareholders of record on Monday, March 15th were paid a dividend of $0.29 per share. This is a positive change from Verisk Analytics’s previous quarterly dividend of $0.27. This represents a $1.16 dividend on an annualized basis and a yield of 0.64%. The ex-dividend date of this dividend was Friday, March 12th. Verisk Analytics’s dividend payout ratio (DPR) is currently 26.48%.

Verisk Analytics Profile

Verisk Analytics, Inc is a data analytics provider, which engages in the provision of data analytics for customers in insurance, energy markets and financial services. It operates through the following segments: Insurance, Energy & Specialized Markets, and Financial Services. The Insurance segment serves insurance customers and focuses on the prediction of loss, the selection and pricing of risk, and compliance.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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