Private Advisor Group LLC Purchases 479 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Private Advisor Group LLC raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,221 shares of the business services provider’s stock after buying an additional 479 shares during the quarter. Private Advisor Group LLC’s holdings in Verisk Analytics were worth $863,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at approximately $31,000. Chilton Capital Management LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at approximately $34,000. Rothschild Investment LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at approximately $41,000. Kings Path Partners LLC bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at approximately $46,000. Finally, Crewe Advisors LLC bought a new stake in shares of Verisk Analytics during the 1st quarter valued at approximately $49,000. 90.00% of the stock is owned by institutional investors.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This 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 available through this link. 0.40% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Evercore ISI reiterated an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. BMO Capital Markets lifted their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday. Royal Bank of Canada lifted their target price on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Verisk Analytics has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Stock Up 0.3 %

Shares of NASDAQ VRSK opened at $275.48 on Friday. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.95 and a current ratio of 0.82. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $287.13. The company’s 50 day moving average price is $269.07 and its 200-day moving average price is $262.52. The company has a market capitalization of $38.90 billion, a P/E ratio of 42.98, a price-to-earnings-growth ratio of 3.47 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. Verisk Analytics’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.52 EPS. Equities analysts forecast that Verisk Analytics, Inc. will post 6.61 earnings per share for the current year.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.57%. Verisk Analytics’s payout ratio is 24.34%.

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.