DekaBank Deutsche Girozentrale Purchases 17,457 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

DekaBank Deutsche Girozentrale boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 18.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,949 shares of the business services provider's stock after purchasing an additional 17,457 shares during the period. DekaBank Deutsche Girozentrale owned about 0.08% of Verisk Analytics worth $32,384,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Ninety One SA PTY Ltd increased its stake in Verisk Analytics by 405.9% in the first quarter. Ninety One SA PTY Ltd now owns 25,178 shares of the business services provider's stock valued at $7,505,000 after acquiring an additional 20,201 shares during the last quarter. China Universal Asset Management Co. Ltd. boosted its holdings in shares of Verisk Analytics by 50.8% during the first quarter. China Universal Asset Management Co. Ltd. now owns 3,465 shares of the business services provider's stock worth $1,031,000 after purchasing an additional 1,167 shares during the period. Penserra Capital Management LLC boosted its holdings in shares of Verisk Analytics by 223.1% during the first quarter. Penserra Capital Management LLC now owns 3,302 shares of the business services provider's stock worth $981,000 after purchasing an additional 2,280 shares during the period. Crew Capital Management Ltd. lifted its holdings in Verisk Analytics by 2.0% in the first quarter. Crew Capital Management Ltd. now owns 2,880 shares of the business services provider's stock worth $857,000 after buying an additional 57 shares during the period. Finally, Concurrent Investment Advisors LLC lifted its holdings in Verisk Analytics by 115.7% in the first quarter. Concurrent Investment Advisors LLC now owns 2,966 shares of the business services provider's stock worth $883,000 after buying an additional 1,591 shares during the period. Hedge funds and other institutional investors own 90.00% of the company's stock.

Verisk Analytics Stock Down 0.6%

Shares of VRSK stock traded down $1.95 during trading on Friday, reaching $300.96. The company's stock had a trading volume of 233,155 shares, compared to its average volume of 777,528. The company has a debt-to-equity ratio of 26.13, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market capitalization of $42.10 billion, a price-to-earnings ratio of 44.07, a P/E/G ratio of 3.77 and a beta of 0.86. The stock's 50-day moving average price is $309.16 and its 200 day moving average price is $295.17. Verisk Analytics, Inc. has a 1-year low of $257.59 and a 1-year high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The business services provider reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.68 by $0.05. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The business had revenue of $753.00 million during the quarter, compared to the consensus estimate of $750.31 million. During the same quarter in the previous year, the firm earned $1.63 EPS. The company's revenue was up 7.0% compared to the same quarter last year. On average, research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm 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 of this dividend was Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.60%. Verisk Analytics's dividend payout ratio (DPR) is 26.35%.

Analysts Set New Price Targets

VRSK has been the subject of several recent research reports. Bank of America assumed coverage on shares of Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 target price for the company. UBS Group lifted their target price on shares of Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a research report on Monday, May 12th. Finally, Robert W. Baird boosted 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. 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's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $302.40.

Insider Buying and Selling at Verisk Analytics

In related news, insider Nicholas Daffan sold 5,419 shares of the company's stock in a transaction 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 sale, the insider directly owned 56,701 shares of the company's stock, valued at $18,036,588.10. This represents a 8.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Samuel G. Liss sold 11,656 shares of the 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 sale, the director directly owned 67,244 shares in the company, valued at $21,051,406.64. This trade represents a 14.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 28,825 shares of company stock valued at $8,945,180. 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.