Carolina Wealth Advisors LLC Has $1.29 Million Holdings in Verisk Analytics, Inc. $VRSK

Key Points

• Carolina Wealth Advisors LLC increased its holdings in Verisk Analytics by 32.4% in the 2nd quarter, bringing the total value of its investment to $1.29 million.
• Verisk Analytics reported $1.88 earnings per share (EPS) for the last quarter, which exceeded analysts' expectations and represented a 7.8% revenue increase year-over-year.
• The firm recently declared a quarterly dividend of $0.45 per share, with a yield of 0.7% and a payout ratio of 27.73%.

Carolina Wealth Advisors LLC boosted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 32.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,149 shares of the business services provider's stock after purchasing an additional 1,016 shares during the quarter. Carolina Wealth Advisors LLC's holdings in Verisk Analytics were worth $1,292,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Nuveen LLC bought a new stake in shares of Verisk Analytics in the first quarter valued at approximately $508,611,000. Ameriprise Financial Inc. raised its holdings in Verisk Analytics by 631.0% in the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider's stock valued at $422,676,000 after acquiring an additional 1,221,798 shares in the last quarter. Invesco Ltd. raised its holdings in Verisk Analytics by 36.0% in the 1st quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock valued at $669,958,000 after acquiring an additional 596,225 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Verisk Analytics by 35.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider's stock valued at $492,182,000 after acquiring an additional 434,053 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Verisk Analytics by 52.7% during the 1st quarter. JPMorgan Chase & Co. now owns 1,141,005 shares of the business services provider's stock worth $339,586,000 after purchasing an additional 393,668 shares in the last quarter. Institutional investors own 90.00% of the company's stock.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $249.04 on Friday. The stock's 50 day moving average is $262.88 and its 200 day moving average is $288.12. Verisk Analytics, Inc. has a one year low of $239.83 and a one year high of $322.92. The firm has a market cap of $34.79 billion, a P/E ratio of 38.37, a P/E/G ratio of 3.53 and a beta of 0.85. The company has a debt-to-equity ratio of 10.34, a current ratio of 1.53 and a quick ratio of 1.53.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The firm had revenue of $772.60 million during the quarter, compared to analyst estimates of $767.91 million. During the same quarter last year, the business earned $1.74 EPS. The company's revenue was up 7.8% compared to the same quarter last year. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.80 dividend on an annualized basis and a yield of 0.7%. Verisk Analytics's dividend payout ratio is 27.73%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on VRSK shares. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Verisk Analytics in a research note on Saturday, September 27th. Morgan Stanley boosted their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research report on Thursday, July 31st. UBS Group reduced their price target on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Wells Fargo & Company lowered their price objective on shares of Verisk Analytics from $340.00 to $334.00 and set an "overweight" rating for the company in a research report on Wednesday, September 17th. Finally, Seaport Res Ptn raised Verisk Analytics to a "strong-buy" rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $311.00.

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares in the company, valued at approximately $21,147,865.07. This represents a 1.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Nicholas Daffan sold 5,420 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the sale, the insider directly owned 54,337 shares of the company's stock, valued at approximately $14,399,305. This trade represents a 9.07% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,520 shares of company stock valued at $2,273,891. 0.46% of the stock is currently owned by insiders.

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.

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