Robeco Institutional Asset Management B.V. Lowers Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Robeco Institutional Asset Management B.V. lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 5.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 113,321 shares of the business services provider's stock after selling 6,087 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.08% of Verisk Analytics worth $33,727,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Louisbourg Investments Inc. bought a new stake in shares of Verisk Analytics in the first quarter valued at about $25,000. SBI Securities Co. Ltd. bought a new position in Verisk Analytics in the fourth quarter valued at approximately $30,000. Rakuten Securities Inc. grew its position in shares of Verisk Analytics by 6,050.0% during the 4th quarter. Rakuten Securities Inc. now owns 123 shares of the business services provider's stock worth $34,000 after buying an additional 121 shares during the period. Global Financial Private Client LLC raised its stake in Verisk Analytics by 966.7% during the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock worth $38,000 after buying an additional 116 shares during the period. Finally, Minot DeBlois Advisors LLC acquired a new position in Verisk Analytics in the 4th quarter worth $39,000. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock traded up $1.01 during midday trading on Tuesday, hitting $312.51. The company had a trading volume of 509,270 shares, compared to its average volume of 770,366. The company has a fifty day simple moving average of $306.94 and a 200 day simple moving average of $293.89. The stock has a market cap of $43.71 billion, a price-to-earnings ratio of 45.77, a PEG ratio of 3.83 and a beta of 0.87. Verisk Analytics, Inc. has a 12-month low of $257.59 and a 12-month high of $322.92. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 26.13.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.68 by $0.05. The business had revenue of $753.00 million for the quarter, compared to the consensus estimate 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 period last year, the firm posted $1.63 earnings per share. As a group, analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a yield of 0.58%. The ex-dividend date was Friday, June 13th. Verisk Analytics's payout ratio is currently 26.35%.

Insider Activity

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction dated Monday, April 7th. The shares were sold at an average price of $285.86, for a total transaction of $337,028.94. Following the completion of the sale, the director directly owned 13,786 shares in the company, valued at $3,940,865.96. This trade represents a 7.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Nicholas Daffan sold 5,419 shares of Verisk Analytics stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $318.10, for a total value of $1,723,783.90. Following the completion of the sale, the insider directly owned 56,701 shares of the company's stock, valued at $18,036,588.10. The trade was a 8.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 24,259 shares of company stock worth $7,553,769. 0.46% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Robert W. Baird raised their price target on Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. UBS Group upped 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, Bank of America began coverage on Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 price objective for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $302.40.

Verisk Analytics 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.