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Robeco Institutional Asset Management B.V. Cuts Stock Holdings in Verisk Analytics, Inc. $VRSK

Verisk Analytics logo with Business Services background

Robeco Institutional Asset Management B.V. lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 34.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,956 shares of the business services provider's stock after selling 39,365 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.05% of Verisk Analytics worth $23,037,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VRSK. Louisbourg Investments Inc. acquired a new position in Verisk Analytics in the first quarter valued at $25,000. Wayfinding Financial LLC acquired a new position in shares of Verisk Analytics in the 1st quarter valued at about $48,000. GW&K Investment Management LLC grew its holdings in shares of Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock worth $51,000 after purchasing an additional 112 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Verisk Analytics during the 1st quarter worth about $52,000. Finally, WPG Advisers LLC acquired a new stake in Verisk Analytics during the 1st quarter worth approximately $53,000. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $249.04 on Friday. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The company has a market capitalization of $34.79 billion, a price-to-earnings ratio of 38.37, a price-to-earnings-growth ratio of 3.53 and a beta of 0.85. Verisk Analytics, Inc. has a twelve month low of $239.83 and a twelve month high of $322.92. The business has a 50 day simple moving average of $262.88 and a 200-day simple moving average of $288.12.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $772.60 million during the quarter, compared to the consensus estimate of $767.91 million. During the same quarter in the previous year, the company posted $1.74 earnings per share. The firm's revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a dividend of $0.45 per share. The ex-dividend date was Monday, September 15th. This represents a $1.80 annualized dividend and a yield of 0.7%. Verisk Analytics's dividend payout ratio is 27.73%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. UBS Group decreased their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Wolfe Research started coverage on shares of Verisk Analytics in a research report on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 price target for the company. Raymond James Financial set a $315.00 price objective on Verisk Analytics and gave the company an "outperform" rating in a research report on Monday, August 4th. Morgan Stanley boosted their price objective on 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, Seaport Res Ptn upgraded Verisk Analytics to a "strong-buy" rating in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Verisk Analytics presently has an average rating of "Moderate Buy" and an average target price of $311.00.

View Our Latest Stock Report on VRSK

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm's stock in a transaction dated Tuesday, September 16th. The shares were sold at an average price of $254.72, for a total value of $76,416.00. Following the transaction, the chief financial officer owned 15,165 shares of the company's stock, valued at $3,862,828.80. This trade represents a 1.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lee Shavel sold 1,100 shares of the company's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $268.01, for a total value of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares of the company's stock, valued at $21,147,865.07. This trade represents a 1.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,520 shares of company stock worth $2,273,891. Insiders own 0.46% of the company's stock.

About Verisk Analytics

(Free Report)

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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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