Meeder Advisory Services Inc. Sells 310 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Meeder Advisory Services Inc. reduced its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,088 shares of the business services provider’s stock after selling 310 shares during the period. Meeder Advisory Services Inc.’s holdings in Verisk Analytics were worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VRSK. International Assets Investment Management LLC acquired a new stake in Verisk Analytics during the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC acquired a new position in shares of Verisk Analytics during the second quarter worth $34,000. Ashton Thomas Securities LLC acquired a new position in shares of Verisk Analytics during the third quarter worth $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics in the second quarter worth $41,000. Finally, Kings Path Partners LLC acquired a new stake in Verisk Analytics in the second quarter valued at $46,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the transaction, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of Verisk Analytics stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $286,490.00. Following the sale, the chief executive officer now owns 54,163 shares in the company, valued at $15,517,157.87. This trade represents a 1.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,400 shares of company stock valued at $678,764. 0.40% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on VRSK shares. Wells Fargo & Company raised Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research report on Thursday, August 1st. Robert W. Baird boosted their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Barclays increased their price objective 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. Finally, Evercore ISI reaffirmed an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Stock Performance

VRSK opened at $281.64 on Wednesday. The company has a market cap of $39.77 billion, a price-to-earnings ratio of 43.94, a PEG ratio of 3.52 and a beta of 0.86. The company’s fifty day moving average price is $271.61 and its two-hundred day moving average price is $267.68. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $291.42. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.07. The business had revenue of $725.30 million for the quarter, compared to analysts’ expectations of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.52 EPS. On average, analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is currently 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.