Lbp Am Sa Sells 18,135 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

LBP AM SA cut its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 46.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,190 shares of the business services provider's stock after selling 18,135 shares during the period. LBP AM SA's holdings in Verisk Analytics were worth $6,307,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of VRSK. Louisbourg Investments Inc. bought a new stake in shares of Verisk Analytics in the first quarter valued at approximately $25,000. SBI Securities Co. Ltd. bought a new stake in shares of Verisk Analytics in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. boosted its stake in shares of 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 buying an additional 121 shares during the period. Global Financial Private Client LLC boosted its stake in shares of 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 buying an additional 116 shares during the period. Finally, Minot DeBlois Advisors LLC bought a new stake in shares of Verisk Analytics in the fourth quarter valued at approximately $39,000. Institutional investors own 90.00% of the company's stock.

Insider Buying and Selling at Verisk Analytics

In related news, Director Samuel G. Liss sold 11,656 shares of the firm's stock in a transaction that occurred 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 completion of the sale, the director owned 67,244 shares of the company's stock, valued at $21,051,406.64. This trade represents a 14.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $295.38, for a total value of $88,614.00. Following the completion of the sale, the chief financial officer owned 16,665 shares of the company's stock, valued at approximately $4,922,507.70. The trade was a 1.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 28,825 shares of company stock valued at $8,945,180 over the last three months. 0.46% of the stock is currently owned by corporate insiders.

Verisk Analytics Price Performance

VRSK traded down $0.82 on Thursday, reaching $302.90. The stock had a trading volume of 724,673 shares, compared to its average volume of 779,662. 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 company has a market capitalization of $42.37 billion, a price-to-earnings ratio of 44.35, a price-to-earnings-growth ratio of 3.75 and a beta of 0.86. Verisk Analytics, Inc. has a fifty-two week low of $257.59 and a fifty-two week high of $322.92. The firm has a 50-day moving average of $308.99 and a 200-day moving average of $294.99.

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

Verisk Analytics Dividend Announcement

The company also recently announced 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. This represents a $1.80 dividend on an annualized basis and a yield of 0.59%. The ex-dividend date of this dividend was Friday, June 13th. Verisk Analytics's dividend payout ratio is presently 26.35%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VRSK. Bank of America started coverage on Verisk Analytics in a research note on Thursday, April 10th. They issued an "underperform" rating and a $280.00 price target for the company. Robert W. Baird raised their target price on shares of 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 target price on shares of 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 given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $302.40.

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.