Lombard Odier Asset Management Europe Ltd lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 14.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,298 shares of the business services provider’s stock after purchasing an additional 9,776 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Verisk Analytics were worth $14,667,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of VRSK. Mcguire Capital Advisors Inc. purchased a new stake in Verisk Analytics during the 4th quarter worth approximately $27,000. Osterweis Capital Management Inc. purchased a new position in shares of Verisk Analytics in the second quarter valued at approximately $28,000. Reflection Asset Management acquired a new stake in shares of Verisk Analytics in the fourth quarter worth approximately $30,000. Elyxium Wealth LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter worth approximately $31,000. Finally, MCF Advisors LLC increased its position in shares of Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after purchasing an additional 85 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.
Verisk Analytics Stock Performance
NASDAQ VRSK opened at $194.85 on Monday. The company has a debt-to-equity ratio of 10.42, a quick ratio of 1.01 and a current ratio of 1.01. The stock’s fifty day moving average is $185.85 and its two-hundred day moving average is $188.79. The firm has a market capitalization of $25.36 billion, a P/E ratio of 29.93, a price-to-earnings-growth ratio of 2.25 and a beta of 0.69. Verisk Analytics, Inc. has a fifty-two week low of $155.94 and a fifty-two week high of $281.82.
Verisk Analytics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, September 15th. Verisk Analytics’s dividend payout ratio (DPR) is presently 30.72%.
Analyst Ratings Changes
A number of research analysts have weighed in on VRSK shares. JPMorgan Chase & Co. raised their price objective on Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Verisk Analytics in a research report on Thursday. Wells Fargo & Company raised their price target on shares of Verisk Analytics from $240.00 to $260.00 and gave the stock an “overweight” rating in a research note on Thursday. Rothschild & Co Redburn set a $185.00 price target on shares of Verisk Analytics and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Finally, Robert W. Baird set a $247.00 price objective on shares of Verisk Analytics in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $236.27.
Check Out Our Latest Report on Verisk Analytics
Insider Activity at Verisk Analytics
In other news, CEO Lee Shavel sold 2,500 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $220.00, for a total value of $550,000.00. Following the completion of the sale, the chief executive officer owned 98,490 shares of the company’s stock, valued at $21,667,800. This represents a 2.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Kathy Card Beckles sold 2,020 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $195.49, for a total transaction of $394,889.80. Following the sale, the insider owned 11,516 shares of the company’s stock, valued at $2,251,262.84. This represents a 14.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 21,027 shares of company stock valued at $3,870,600 over the last ninety days. Corporate insiders own 0.52% of the company’s stock.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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