Asset Management One Co. Ltd. Has $30.06 Million Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Asset Management One Co. Ltd. lifted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 5.7% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 100,997 shares of the business services provider's stock after purchasing an additional 5,427 shares during the period. Asset Management One Co. Ltd. owned 0.07% of Verisk Analytics worth $30,059,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Bank of America assumed coverage on Verisk Analytics in a report on Thursday, April 10th. They issued an "underperform" rating and a $280.00 price target on the stock. Robert W. Baird raised their price target on Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Finally, UBS Group raised their price target on Verisk Analytics from $295.00 to $320.00 and gave the company a "neutral" rating in a report on Monday, May 12th. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $302.40.

Verisk Analytics Trading Up 1.2%

VRSK traded up $3.53 during midday trading on Friday, reaching $308.66. 2,475,240 shares of the company were exchanged, compared to its average volume of 770,147. The stock has a market capitalization of $43.18 billion, a P/E ratio of 45.19, a PEG ratio of 3.83 and a beta of 0.87. 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 stock's 50-day simple moving average is $306.40 and its 200 day simple moving average is $293.64. Verisk Analytics, Inc. has a one year low of $257.59 and a one year high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The business services provider reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.05. The company had revenue of $753.00 million for 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%. Verisk Analytics's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.63 earnings per share. As a group, analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date of this dividend is Friday, June 13th. Verisk Analytics's dividend payout ratio is currently 26.35%.

Insider Transactions at Verisk Analytics

In related news, Director Samuel G. Liss sold 11,656 shares of Verisk Analytics stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $313.06, for a total value of $3,649,027.36. Following the sale, the director now owns 67,244 shares of the company's stock, valued at approximately $21,051,406.64. This trade represents a 14.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nicholas Daffan sold 5,419 shares of the business's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $318.10, for a total value of $1,723,783.90. Following the completion of the sale, the insider now owns 56,701 shares in the company, valued at $18,036,588.10. The trade was a 8.72% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,259 shares of company stock valued at $7,553,769 over the last 90 days. 0.46% of the stock is owned by company insiders.

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.