MJP Associates Inc. ADV Has $449,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

MJP Associates Inc. ADV grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,665 shares of the business services provider’s stock after buying an additional 67 shares during the quarter. MJP Associates Inc. ADV’s holdings in Verisk Analytics were worth $449,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VRSK. OFI Invest Asset Management acquired a new position in Verisk Analytics in the 1st quarter worth about $28,000. Frazier Financial Advisors LLC bought a new position in Verisk Analytics in the 4th quarter valued at approximately $32,000. DSM Capital Partners LLC acquired a new stake in Verisk Analytics during the 4th quarter worth approximately $33,000. Riverview Trust Co bought a new stake in Verisk Analytics during the 1st quarter worth approximately $40,000. Finally, Crewe Advisors LLC acquired a new position in Verisk Analytics in the 1st quarter valued at approximately $49,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Evercore ISI upped their price objective on shares of Verisk Analytics from $250.00 to $260.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th. BMO Capital Markets dropped their target price 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. Finally, Morgan Stanley increased their price target on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Nine investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $267.77.

Verisk Analytics Stock Down 0.2 %

Shares of NASDAQ VRSK traded down $0.48 during midday trading on Friday, hitting $264.12. 370,698 shares of the stock traded hands, compared to its average volume of 847,656. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13. The business has a 50 day moving average price of $270.20 and a two-hundred day moving average price of $249.75. The company has a market cap of $37.62 billion, a PE ratio of 49.28, a P/E/G ratio of 3.31 and a beta of 0.84.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The business had revenue of $716.80 million for the quarter, compared to analysts’ expectations of $722.45 million. During the same period last year, the business earned $1.51 EPS. The business’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts predict that Verisk Analytics, Inc. will post 6.55 EPS for the current year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Sunday, September 15th will be given a $0.39 dividend. The ex-dividend date is Friday, September 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.59%. Verisk Analytics’s dividend payout ratio (DPR) is currently 29.10%.

Insider Activity at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $262.31, for a total value of $52,462.00. Following the transaction, the chief financial officer now directly owns 16,608 shares in the company, valued at $4,356,444.48. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,511 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the transaction, the insider now owns 52,500 shares in the company, valued at $13,066,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Monday, June 17th. The stock was sold at an average price of $262.31, for a total value of $52,462.00. Following the completion of the sale, the chief financial officer now directly owns 16,608 shares of the company’s stock, valued at approximately $4,356,444.48. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,237 shares of company stock valued at $572,739. Corporate 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.