1,950 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Acquired by CFC Planning Co LLC

CFC Planning Co LLC acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,950 shares of the business services provider's stock, valued at approximately $580,000.

Other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. lifted its stake in shares of Verisk Analytics by 225.2% during the 1st quarter. Assenagon Asset Management S.A. now owns 14,919 shares of the business services provider's stock valued at $4,440,000 after buying an additional 10,331 shares in the last quarter. Simon Quick Advisors LLC bought a new stake in Verisk Analytics during the 1st quarter valued at $237,000. SBI Securities Co. Ltd. purchased a new stake in shares of Verisk Analytics during the fourth quarter worth $30,000. Oppenheimer & Co. Inc. bought a new position in shares of Verisk Analytics in the first quarter worth $202,000. Finally, Vontobel Holding Ltd. grew its position in shares of Verisk Analytics by 21.9% in the first quarter. Vontobel Holding Ltd. now owns 77,807 shares of the business services provider's stock valued at $23,157,000 after purchasing an additional 13,995 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Price Performance

Shares of VRSK stock traded down $2.39 during trading on Friday, hitting $300.51. The company had a trading volume of 931,611 shares, compared to its average volume of 780,157. The stock's 50-day moving average is $309.16 and its two-hundred day moving average is $295.17. The stock has a market capitalization of $42.04 billion, a price-to-earnings ratio of 44.00, a price-to-earnings-growth ratio of 3.76 and a beta of 0.86. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 26.13. 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 issued 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 firm had revenue of $753.00 million for the quarter, compared to analyst estimates of $750.31 million. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The business's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.63 EPS. As a group, analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were given a dividend of $0.45 per share. The ex-dividend date was Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.60%. Verisk Analytics's payout ratio is 26.35%.

Analysts Set New Price Targets

VRSK has been the topic of a number of recent research reports. Bank of America started coverage on Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 price objective on the stock. Robert W. Baird raised their price objective on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Finally, UBS Group upped their target price on shares of Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a report on Monday, May 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $302.40.

Insider Activity

In other news, Director Samuel G. Liss sold 11,656 shares of the business's stock in a transaction that occurred on Friday, June 13th. The shares were sold at an average price of $313.06, for a total value of $3,649,027.36. Following the completion of the sale, the director directly owned 67,244 shares in the company, valued at approximately $21,051,406.64. The trade was a 14.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Nicholas Daffan sold 5,419 shares of the stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $1,630,360.34. Following the transaction, the insider directly owned 55,913 shares in the company, valued at approximately $16,821,985.18. This represents a 8.84% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 28,825 shares of company stock valued at $8,945,180. 0.46% of the stock is owned by 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.