Flossbach Von Storch SE Sells 55,876 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Flossbach Von Storch SE reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 19.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 229,669 shares of the business services provider's stock after selling 55,876 shares during the period. Flossbach Von Storch SE owned approximately 0.16% of Verisk Analytics worth $68,354,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Louisbourg Investments Inc. bought a new stake in Verisk Analytics in the first quarter valued at $25,000. SBI Securities Co. Ltd. bought a new stake in Verisk Analytics in the fourth quarter valued at $30,000. Rakuten Securities Inc. grew its position in Verisk Analytics by 6,050.0% in the fourth quarter. Rakuten Securities Inc. now owns 123 shares of the business services provider's stock valued at $34,000 after acquiring an additional 121 shares during the period. Global Financial Private Client LLC grew its position in Verisk Analytics by 966.7% in the first quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock valued at $38,000 after acquiring an additional 116 shares during the period. Finally, Minot DeBlois Advisors LLC bought a new stake in Verisk Analytics in the fourth quarter valued at $39,000. 90.00% of the stock is owned by institutional investors.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Samuel G. Liss sold 11,656 shares of the stock in a transaction dated 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 completion of the sale, the director directly owned 67,244 shares in the company, valued at $21,051,406.64. This represents a 14.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of the stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $98,080.36. Following the completion of the sale, the insider owned 9,319 shares of the company's stock, valued at $2,803,714.34. This trade represents a 3.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,825 shares of company stock valued at $8,945,180. Corporate insiders own 0.46% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VRSK. Robert W. Baird upped their price target on Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. UBS Group boosted their price objective on Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a research note on Monday, May 12th. Finally, Bank of America initiated coverage on Verisk Analytics in a research note on Thursday, April 10th. They issued an "underperform" rating and a $280.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $302.40.

Verisk Analytics Trading Down 0.8%

Shares of VRSK traded down $2.39 during trading hours on Friday, hitting $300.51. 931,611 shares of the stock traded hands, compared to its average volume of 780,341. Verisk Analytics, Inc. has a 1-year low of $257.59 and a 1-year high of $322.92. The business has a fifty day moving average of $309.16 and a 200-day moving average of $295.17. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 26.13. The firm has a market capitalization of $42.04 billion, a PE ratio of 44.00, a price-to-earnings-growth ratio of 3.77 and a beta of 0.86.

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

Verisk Analytics Announces Dividend

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

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.