Mutual of America Capital Management LLC Trims Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mutual of America Capital Management LLC decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,000 shares of the business services provider’s stock after selling 1,016 shares during the period. Mutual of America Capital Management LLC’s holdings in Verisk Analytics were worth $4,852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in Verisk Analytics by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 16,407,133 shares of the business services provider’s stock worth $3,919,008,000 after purchasing an additional 170,620 shares during the period. TD Asset Management Inc increased its stake in shares of Verisk Analytics by 5.5% during the second quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock valued at $405,030,000 after buying an additional 78,008 shares during the period. GUARDCAP ASSET MANAGEMENT Ltd increased its stake in shares of Verisk Analytics by 1.1% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider’s stock valued at $268,041,000 after buying an additional 12,231 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Verisk Analytics by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock valued at $297,491,000 after buying an additional 85,202 shares during the period. Finally, Schroder Investment Management Group increased its stake in shares of Verisk Analytics by 24.9% during the fourth quarter. Schroder Investment Management Group now owns 690,022 shares of the business services provider’s stock valued at $164,819,000 after buying an additional 137,706 shares during the period. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $264.85 on Friday. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. The company has a market cap of $37.72 billion, a PE ratio of 49.41, a P/E/G ratio of 3.42 and a beta of 0.86. The business has a 50-day simple moving average of $270.78 and a two-hundred day simple moving average of $254.92. Verisk Analytics, Inc. has a fifty-two week low of $215.32 and a fifty-two week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.64 by $0.10. The business had revenue of $716.80 million during 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 company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the company earned $1.51 earnings per share. As a group, equities analysts expect that Verisk Analytics, Inc. will post 6.56 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Sunday, September 15th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.59%. The ex-dividend date is Friday, September 13th. Verisk Analytics’s dividend payout ratio is presently 29.10%.

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 transaction of $55,476.00. Following the completion of the sale, the chief financial officer now owns 16,408 shares of the company’s stock, valued at $4,551,251.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction of $55,476.00. Following the completion of the sale, the chief financial officer now owns 16,408 shares of the company’s stock, valued at $4,551,251.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $272.22, for a total value of $88,743.72. Following the sale, the insider now directly owns 7,470 shares of the company’s stock, valued at approximately $2,033,483.40. The disclosure for this sale can be found here. Corporate insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on VRSK shares. Royal Bank of Canada restated an “outperform” rating and set a $268.00 price target on shares of Verisk Analytics in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft raised their price target on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a research note on Thursday, August 1st. BMO Capital Markets cut their price target on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. Evercore ISI raised 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. Finally, Morgan Stanley lifted their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Eight analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics presently has an average rating of “Moderate Buy” and an average target price of $275.23.

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.