Nissay Asset Management Corp Japan ADV Has $10.21 Million Position in Verisk Analytics, Inc. $VRSK

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Verisk Analytics by 9.2%, acquiring an additional 2,881 shares, bringing its total holdings to 34,309 shares valued at approximately $10.21 million.
• Analysts have a mixed outlook on Verisk Analytics, with a consensus rating of "Hold" and a price target averaging $306.91, while some firms like Wolfe Research have rated it "outperform" with targets up to $320.00.
• Verisk Analytics reported a strong quarterly performance, with earnings per share of $1.88, exceeding expectations, and announced a quarterly dividend of $0.45 per share with a dividend yield of 0.7%.

Nissay Asset Management Corp Japan ADV boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 9.2% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 34,309 shares of the business services provider's stock after purchasing an additional 2,881 shares during the period. Nissay Asset Management Corp Japan ADV's holdings in Verisk Analytics were worth $10,211,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VRSK. Louisbourg Investments Inc. bought a new position in shares of Verisk Analytics in the first quarter worth about $25,000. Global Financial Private Client LLC raised 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 worth $38,000 after acquiring an additional 116 shares during the last quarter. Minot DeBlois Advisors LLC acquired a new stake in shares of Verisk Analytics during the 4th quarter worth approximately $39,000. Wayfinding Financial LLC acquired a new stake in shares of Verisk Analytics during the 1st quarter worth approximately $48,000. Finally, GW&K Investment Management LLC grew its holdings in Verisk Analytics by 186.7% during the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after purchasing an additional 112 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

NASDAQ:VRSK traded down $4.37 during mid-day trading on Tuesday, reaching $268.66. 902,688 shares of the company's stock were exchanged, compared to its average volume of 975,781. Verisk Analytics, Inc. has a one year low of $259.01 and a one year high of $322.92. The firm has a market capitalization of $37.53 billion, a PE ratio of 41.40, a price-to-earnings-growth ratio of 3.87 and a beta of 0.86. The business's fifty day simple moving average is $282.25 and its two-hundred day simple moving average is $293.75. The company has a debt-to-equity ratio of 10.34, a quick ratio of 1.53 and a current 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 EPS for the quarter, topping analysts' consensus estimates of $1.77 by $0.11. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The business had revenue of $772.60 million for the quarter, compared to analyst estimates of $767.91 million. During the same period last year, the firm earned $1.74 earnings per share. Verisk Analytics's revenue for the quarter 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. Analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, September 15th. Verisk Analytics's dividend payout ratio (DPR) is currently 27.73%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total value of $1,436,300.00. Following the transaction, the insider directly owned 54,337 shares of the company's stock, valued at $14,399,305. This trade represents a 9.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of the firm's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the completion of the transaction, the insider directly owned 9,319 shares in the company, valued at approximately $2,803,714.34. This represents a 3.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 25,621 shares of company stock worth $7,574,943. Corporate insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an "outperform" rating in a report on Monday, August 4th. UBS Group dropped 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. Morgan Stanley raised their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 31st. Finally, Wolfe Research started coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 target price for the company. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $306.91.

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.