Burney Co. Has $518,000 Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Burney Co. lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 36.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,923 shares of the business services provider’s stock after selling 1,108 shares during the quarter. Burney Co.’s holdings in Verisk Analytics were worth $518,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Verisk Analytics by 1.1% in 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 during the last quarter. Norges Bank acquired a new position in shares of Verisk Analytics during the 4th quarter worth approximately $374,530,000. TD Asset Management Inc increased its position in shares of Verisk Analytics by 6.1% during the 1st quarter. TD Asset Management Inc now owns 1,424,606 shares of the business services provider’s stock worth $335,822,000 after purchasing an additional 81,885 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Verisk Analytics by 90.5% during the 4th quarter. Franklin Resources Inc. now owns 1,141,516 shares of the business services provider’s stock worth $272,663,000 after purchasing an additional 542,432 shares during the last quarter. Finally, GUARDCAP ASSET MANAGEMENT Ltd increased its position in shares of Verisk Analytics by 1.1% during the 1st quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider’s stock worth $268,041,000 after purchasing an additional 12,231 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ VRSK traded up $0.31 on Thursday, reaching $271.78. The stock had a trading volume of 200,361 shares, compared to its average volume of 822,217. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a fifty day moving average of $271.39 and a two-hundred day moving average of $251.53. Verisk Analytics, Inc. has a 1-year low of $215.32 and a 1-year high of $287.13. The company has a market cap of $38.71 billion, a P/E ratio of 50.65, a price-to-earnings-growth ratio of 3.40 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 EPS for the quarter, beating analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. During the same period in the prior year, the firm posted $1.51 EPS. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.56 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Sunday, September 15th will be given a $0.39 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.56 annualized dividend and a yield of 0.57%. Verisk Analytics’s dividend payout ratio is presently 29.10%.

Insider Buying and Selling at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $277.38, for a total transaction of $55,476.00. Following the completion of the transaction, the chief financial officer now directly owns 16,408 shares in the company, valued at $4,551,251.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total value of $88,743.72. Following the completion of the sale, the insider now owns 7,470 shares of the company’s stock, valued at $2,033,483.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief financial officer now directly owns 16,408 shares of the company’s stock, valued at approximately $4,551,251.04. The disclosure for this sale can be found here. Over the last three months, insiders sold 726 shares of company stock worth $196,682. 0.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Evercore ISI boosted their price target on Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a research report on Tuesday, June 25th. Royal Bank of Canada reiterated an “outperform” rating and set a $268.00 target price on shares of Verisk Analytics in a research note on Thursday, August 1st. UBS Group lifted their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 9th. Robert W. Baird lifted their target price on Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. Finally, Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Eight investment analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Verisk Analytics presently has an average rating of “Moderate Buy” and an average target price of $273.54.

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.