OneDigital Investment Advisors LLC Takes Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

OneDigital Investment Advisors LLC bought a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 941 shares of the business services provider's stock, valued at approximately $280,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VRSK. Bennett Selby Investments LP grew its holdings in shares of Verisk Analytics by 3.1% during the first quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider's stock valued at $359,000 after buying an additional 36 shares during the last quarter. Private Trust Co. NA grew its holdings in shares of Verisk Analytics by 10.2% during the first quarter. Private Trust Co. NA now owns 389 shares of the business services provider's stock valued at $116,000 after buying an additional 36 shares during the last quarter. Haverford Trust Co grew its holdings in shares of Verisk Analytics by 5.4% during the fourth quarter. Haverford Trust Co now owns 903 shares of the business services provider's stock valued at $249,000 after buying an additional 46 shares during the last quarter. Azzad Asset Management Inc. ADV grew its holdings in shares of Verisk Analytics by 5.1% during the first quarter. Azzad Asset Management Inc. ADV now owns 944 shares of the business services provider's stock valued at $281,000 after buying an additional 46 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its holdings in shares of Verisk Analytics by 1.9% during the fourth quarter. Ausdal Financial Partners Inc. now owns 2,784 shares of the business services provider's stock valued at $767,000 after buying an additional 51 shares during the last quarter. Institutional investors own 90.00% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. 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 price target on the stock. UBS Group raised 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. Finally, Robert W. Baird raised their target price on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Verisk Analytics currently has an average rating of "Hold" and an average price target of $302.40.

Insider Buying and Selling at Verisk Analytics

In other news, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $300.86, for a total transaction of $98,080.36. Following the transaction, the insider owned 9,319 shares in the company, valued at $2,803,714.34. This trade represents a 3.38% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Nicholas Daffan sold 5,419 shares of Verisk Analytics stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $318.10, for a total transaction of $1,723,783.90. Following the transaction, the insider owned 56,701 shares in the company, valued at $18,036,588.10. This represents a 8.72% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 28,825 shares of company stock worth $8,945,180. Insiders own 0.46% of the company's stock.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock traded up $4.92 on Monday, hitting $305.43. 48,760 shares of the company's stock were exchanged, compared to its average volume of 778,347. The company has a 50-day simple moving average of $309.29 and a 200-day simple moving average of $295.56. The stock has a market capitalization of $42.72 billion, a PE ratio of 44.54, a PEG ratio of 3.73 and a beta of 0.86. Verisk Analytics, Inc. has a 1 year low of $257.59 and a 1 year high of $322.92. The company has a debt-to-equity ratio of 26.13, a quick ratio of 1.27 and a current ratio of 1.27.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $753.00 million for the quarter, compared to analysts' expectations of $750.31 million. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The company's revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.63 EPS. As a group, equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were paid a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.59%. The ex-dividend date was Friday, June 13th. Verisk Analytics's dividend payout ratio is presently 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.