TIAA Trust National Association Has $3.15 Million Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

TIAA Trust National Association decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 80.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,343 shares of the business services provider’s stock after selling 54,496 shares during the quarter. TIAA Trust National Association’s holdings in Verisk Analytics were worth $3,145,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. OFI Invest Asset Management bought a new stake in shares of Verisk Analytics in the first quarter worth $28,000. CVA Family Office LLC bought a new stake in shares of Verisk Analytics in the 4th quarter valued at about $30,000. Frazier Financial Advisors LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter valued at about $32,000. DSM Capital Partners LLC bought a new position in shares of Verisk Analytics during the fourth quarter worth about $33,000. Finally, Global Retirement Partners LLC lifted its stake in shares of Verisk Analytics by 48.5% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after acquiring an additional 49 shares during the period. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

VRSK has been the topic of several recent analyst reports. BMO Capital Markets boosted their target price on shares of Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a report on Thursday, May 2nd. Evercore ISI boosted their price objective 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. Finally, UBS Group raised 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. Nine research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $258.54.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 1,511 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the completion of the transaction, the insider now owns 52,500 shares in the company, valued at $13,066,200. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Kathy Card Beckles sold 326 shares of Verisk Analytics 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 sale, the insider now owns 7,470 shares of the company’s stock, valued at $2,033,483.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nicholas Daffan sold 1,511 shares of the stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $248.88, for a total value of $376,057.68. Following the completion of the transaction, the insider now directly owns 52,500 shares in the company, valued at approximately $13,066,200. The disclosure for this sale can be found here. Insiders have sold 2,237 shares of company stock worth $572,739 over the last quarter. Insiders own 0.40% of the company’s stock.

Verisk Analytics Price Performance

Verisk Analytics stock traded up $3.22 during midday trading on Monday, reaching $280.05. 131,507 shares of the stock traded hands, compared to its average volume of 844,532. The stock’s fifty day moving average is $264.03 and its 200-day moving average is $246.25. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $282.21. The stock has a market cap of $39.96 billion, a P/E ratio of 52.08, a PEG ratio of 3.44 and a beta of 0.84. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, beating the consensus estimate of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analyst estimates of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. Verisk Analytics’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.29 earnings per share. As a group, equities research analysts anticipate 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 was paid on Friday, June 28th. Shareholders of record on Saturday, June 15th were paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.56%. The ex-dividend date was Friday, June 14th. Verisk Analytics’s payout ratio is 29.10%.

Verisk Analytics 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.