Achmea Investment Management B.V. Has $21.14 Million Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Achmea Investment Management B.V. increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 1,349.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 71,028 shares of the business services provider's stock after purchasing an additional 66,126 shares during the period. Achmea Investment Management B.V. owned approximately 0.05% of Verisk Analytics worth $21,140,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. lifted its holdings in shares of Verisk Analytics by 225.2% during the first quarter. Assenagon Asset Management S.A. now owns 14,919 shares of the business services provider's stock worth $4,440,000 after buying an additional 10,331 shares during the last quarter. Simon Quick Advisors LLC bought a new position in Verisk Analytics during the first quarter worth $237,000. SBI Securities Co. Ltd. bought a new position in shares of Verisk Analytics during the 4th quarter worth about $30,000. JPMorgan Chase & Co. raised its position in shares of Verisk Analytics by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 747,337 shares of the business services provider's stock valued at $205,839,000 after buying an additional 53,502 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of Verisk Analytics in the first quarter valued at about $60,000. Institutional investors own 90.00% of the company's stock.

Verisk Analytics Trading Up 0.3%

Shares of VRSK opened at $305.13 on Friday. The company has a debt-to-equity ratio of 26.13, a quick ratio of 1.27 and a current ratio of 1.27. The company has a market cap of $42.68 billion, a price-to-earnings ratio of 44.68, a PEG ratio of 3.77 and a beta of 0.87. The stock has a fifty day moving average price of $306.09 and a two-hundred day moving average price of $293.42. Verisk Analytics, Inc. has a 52-week low of $257.59 and a 52-week high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The business services provider reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.05. The company had revenue of $753.00 million during the quarter, compared to analyst estimates of $750.31 million. Verisk Analytics had a return on equity of 396.08% and a net margin of 33.13%. The firm's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company posted $1.63 earnings per share. Analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a $0.45 dividend. The ex-dividend date is Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.59%. Verisk Analytics's payout ratio is 26.35%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VRSK shares. Wells Fargo & Company lowered their price target on Verisk Analytics from $325.00 to $321.00 and set an "overweight" rating on the stock in a research note on Thursday, February 27th. BMO Capital Markets boosted their price objective on Verisk Analytics from $280.00 to $297.00 and gave the company a "market perform" rating in a research report on Thursday, February 27th. Robert W. Baird raised their target price on Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. UBS Group boosted their price target on shares of Verisk Analytics from $295.00 to $320.00 and gave the company a "neutral" rating in a report on Monday, May 12th. Finally, Bank of America began coverage on shares of Verisk Analytics in a research note on Thursday, April 10th. They issued an "underperform" rating and a $280.00 price objective for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $302.40.

Insider Activity

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of the company's stock in a transaction on Monday, April 7th. The shares were sold at an average price of $285.86, for a total transaction of $337,028.94. Following the completion of the sale, the director now owns 13,786 shares in the company, valued at approximately $3,940,865.96. The trade was a 7.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Samuel G. Liss sold 11,656 shares of Verisk Analytics stock in a transaction on Friday, June 13th. The stock was sold at an average price of $313.06, for a total transaction of $3,649,027.36. Following the transaction, the director now directly owns 67,244 shares in the company, valued at approximately $21,051,406.64. This represents a 14.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 24,259 shares of company stock valued at $7,553,769. Company insiders own 0.46% of the company's stock.

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.

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