Strs Ohio Makes New $11.01 Million Investment in Verisk Analytics, Inc. $VRSK

Key Points

• Strs Ohio has invested approximately $11.01 million in Verisk Analytics by acquiring 37,000 shares during the first quarter.
• Many institutional investors have also increased or changed their stakes in Verisk Analytics, with 90% of the stock owned by institutional investors.
• Verisk Analytics reported a net margin of 30.67% and a quarterly revenue increase of 7.8%, with a recent earnings per share of $1.88, surpassing analyst expectations.

Strs Ohio bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 37,000 shares of the business services provider's stock, valued at approximately $11,012,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. grew its holdings in Verisk Analytics by 114.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 253 shares of the business services provider's stock worth $75,000 after acquiring an additional 135 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Verisk Analytics by 11.2% in the 1st quarter. Intech Investment Management LLC now owns 26,137 shares of the business services provider's stock valued at $7,779,000 after purchasing an additional 2,635 shares during the last quarter. Glenview Trust co boosted its stake in shares of Verisk Analytics by 3.3% in the 1st quarter. Glenview Trust co now owns 3,374 shares of the business services provider's stock valued at $1,004,000 after purchasing an additional 109 shares during the last quarter. SCS Capital Management LLC bought a new stake in shares of Verisk Analytics in the 1st quarter valued at $235,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Verisk Analytics by 35.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,653,727 shares of the business services provider's stock valued at $492,182,000 after purchasing an additional 434,053 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $268.00, for a total value of $80,400.00. Following the transaction, the chief financial officer directly owned 15,465 shares of the company's stock, valued at approximately $4,144,620. This trade represents a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Nicholas Daffan sold 5,420 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the completion of the transaction, the insider directly owned 54,337 shares in the company, valued at $14,399,305. This trade represents a 9.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,965 shares of company stock valued at $3,925,916. Corporate insiders own 0.46% of the company's stock.

Analyst Ratings Changes

VRSK has been the topic of a number of analyst reports. Raymond James Financial set a $315.00 price objective on shares of Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. Morgan Stanley upped their price objective on shares of Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. UBS Group reduced their price objective on shares of Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research note on Thursday, July 31st. Finally, Wolfe Research initiated coverage on shares of Verisk Analytics in a research note on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell 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 $306.91.

Verisk Analytics Stock Down 1.5%

Verisk Analytics stock opened at $262.20 on Friday. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92. The firm's fifty day moving average is $279.01 and its 200 day moving average is $292.93. The company has a market capitalization of $36.63 billion, a PE ratio of 40.40, a PEG ratio of 3.77 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating 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 company had revenue of $772.60 million for the quarter, compared to the consensus estimate of $767.91 million. During the same quarter in the previous year, the company earned $1.74 EPS. Verisk Analytics's quarterly revenue 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. As a group, sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

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

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.

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