Inspire Investing LLC Sells 158 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Inspire Investing LLC decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,782 shares of the business services provider’s stock after selling 158 shares during the period. Inspire Investing LLC’s holdings in Verisk Analytics were worth $3,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently modified their holdings of the company. Neo Ivy Capital Management purchased a new stake in Verisk Analytics in the 4th quarter worth $160,000. American International Group Inc. raised its position in shares of Verisk Analytics by 0.5% during the 4th quarter. American International Group Inc. now owns 56,401 shares of the business services provider’s stock valued at $13,472,000 after buying an additional 287 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Verisk Analytics by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 16,407,133 shares of the business services provider’s stock valued at $3,919,008,000 after buying an additional 170,620 shares in the last quarter. Accent Capital Management LLC bought a new position in Verisk Analytics during the 4th quarter valued at about $909,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Verisk Analytics during the 4th quarter valued at about $9,826,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VRSK. Royal Bank of Canada reiterated an “outperform” rating and set a $268.00 price target on shares of Verisk Analytics in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets cut their price target on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a report on Thursday, August 1st. Morgan Stanley upped their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Seven investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $276.69.

Verisk Analytics Trading Down 0.0 %

NASDAQ:VRSK opened at $268.23 on Friday. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13. The firm has a 50 day moving average of $268.24 and a 200 day moving average of $258.32. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86. The stock has a market capitalization of $38.20 billion, a price-to-earnings ratio of 43.54, a PEG ratio of 3.41 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. The business had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company posted $1.51 earnings per share. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Sunday, September 15th were paid a $0.39 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. Verisk Analytics’s payout ratio is currently 25.32%.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $277.38, for a total value of $55,476.00. Following the sale, the chief financial officer now owns 16,408 shares in the company, valued at $4,551,251.04. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.40% of the company’s stock.

About Verisk Analytics

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.