Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by UMB Bank n.a.

UMB Bank n.a. lessened its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,991 shares of the business services provider’s stock after selling 288 shares during the quarter. UMB Bank n.a.’s holdings in Verisk Analytics were worth $2,409,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. OFI Invest Asset Management purchased a new stake in shares of Verisk Analytics in the first quarter valued at about $28,000. International Assets Investment Management LLC acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $34,000. Riverview Trust Co purchased a new stake in shares of Verisk Analytics during the 1st quarter valued at approximately $40,000. Finally, Rothschild Investment LLC purchased a new position in Verisk Analytics in the second quarter worth approximately $41,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $268.28 on Friday. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $287.13. The company has a market cap of $38.21 billion, a PE ratio of 43.55, a price-to-earnings-growth ratio of 3.52 and a beta of 0.86. The company has a 50-day simple moving average of $268.07 and a 200-day simple moving average of $257.80. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95.

Verisk Analytics (NASDAQ:VRSK) last posted its 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. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The firm had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. During the same quarter in the prior year, the company earned $1.51 EPS. The company’s revenue was up 6.2% on a year-over-year basis. On average, equities analysts anticipate that Verisk Analytics, Inc. will post 6.57 earnings per share for the current year.

Verisk Analytics Announces Dividend

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

Insiders Place Their Bets

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Monday, July 15th. The stock was sold at an average price of $277.38, for a total value 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 approximately $4,551,251.04. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on VRSK. Deutsche Bank Aktiengesellschaft lifted their target price on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research 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 company an “equal weight” rating in a research report on Wednesday, July 31st. Barclays lifted their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Evercore ISI restated an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, BMO Capital Markets dropped their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Seven 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $276.69.

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.