Rathbones Group PLC Has $37.74 Million Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Rathbones Group PLC lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 140,015 shares of the business services provider’s stock after selling 9,892 shares during the quarter. Rathbones Group PLC owned approximately 0.10% of Verisk Analytics worth $37,741,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. OFI Invest Asset Management acquired a new stake in Verisk Analytics in the first quarter valued at $28,000. International Assets Investment Management LLC acquired a new position in shares of Verisk Analytics during the 2nd quarter worth about $31,000. Frazier Financial Advisors LLC bought a new stake in shares of Verisk Analytics in the 4th quarter valued at about $32,000. DSM Capital Partners LLC acquired a new stake in Verisk Analytics in the 4th quarter valued at about $33,000. Finally, Chilton Capital Management LLC bought a new position in Verisk Analytics during the second quarter worth about $34,000. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

Shares of NASDAQ:VRSK opened at $268.79 on Friday. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13. The company’s 50 day moving average price is $271.71 and its two-hundred day moving average price is $254.02. The firm has a market cap of $38.28 billion, a PE ratio of 50.15, a PEG ratio of 3.42 and a beta of 0.86. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 5.86.

Verisk Analytics (NASDAQ:VRSK) last issued 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 for the quarter, compared to the consensus estimate of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.51 earnings per share. Equities research analysts predict that Verisk Analytics, Inc. will post 6.56 earnings per share for the current year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Sunday, September 15th will be paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Friday, September 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

Analyst Ratings Changes

Several analysts have issued reports on the company. Robert W. Baird upped their price objective on Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Evercore ISI increased their price target on 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 reduced their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a research report on Thursday, August 1st. Barclays increased their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $268.00 target price on shares of Verisk Analytics in a report on Thursday, August 1st. Eight equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $275.23.

Insider Buying and Selling

In other news, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total value of $88,743.72. Following the completion of the transaction, the insider now directly owns 7,470 shares in the company, valued at approximately $2,033,483.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Verisk Analytics news, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction that occurred on Wednesday, July 3rd. The shares were sold at an average price of $272.22, for a total transaction of $88,743.72. Following the completion of the transaction, the insider now directly owns 7,470 shares in the company, valued at $2,033,483.40. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the firm’s 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 completion of the sale, the chief financial officer now directly owns 16,408 shares in the company, valued at approximately $4,551,251.04. The disclosure for this sale can be found here. Insiders sold 726 shares of company stock valued at $196,682 over the last quarter. 0.40% of the stock is owned by company insiders.

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.