United Services Automobile Association Acquires Shares of 3,416 Verisk Analytics, Inc. $VRSK

Key Points

• United Services Automobile Association acquired 3,416 shares of Verisk Analytics, Inc. valued at approximately $1,006,000, indicating strong institutional interest in the stock.
• Verisk Analytics recently reported an EPS of $1.88 for the last quarter, surpassing analysts' estimates, with revenue of $772.6 million, showing a year-over-year growth of 7.8%.
• The firm declared a quarterly dividend of $0.45, which will be paid on September 30th, representing an annualized yield of 0.7% with a payout ratio of 27.73%.

United Services Automobile Association bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,416 shares of the business services provider's stock, valued at approximately $1,006,000.

Other hedge funds also recently bought and sold shares of the company. Louisbourg Investments Inc. purchased a new position in shares of Verisk Analytics in the first quarter valued at approximately $25,000. Global Financial Private Client LLC lifted its stake in 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 purchased a new position in Verisk Analytics in the fourth quarter worth approximately $39,000. Wayfinding Financial LLC purchased a new position in Verisk Analytics in the first quarter worth approximately $48,000. Finally, GW&K Investment Management LLC lifted its stake in Verisk Analytics by 186.7% in the first quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock worth $51,000 after acquiring an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company's stock.

Verisk Analytics Stock Performance

Shares of Verisk Analytics stock traded up $3.47 during trading on Thursday, reaching $266.24. The company's stock had a trading volume of 1,083,365 shares, compared to its average volume of 956,065. The company has a 50-day moving average price of $279.84 and a two-hundred day moving average price of $293.15. The firm has a market cap of $37.20 billion, a PE ratio of 41.02, a P/E/G ratio of 3.73 and a beta of 0.86. Verisk Analytics, Inc. has a fifty-two week low of $259.01 and a fifty-two week high of $322.92. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, beating analysts' consensus estimates of $1.77 by $0.11. The business had revenue of $772.60 million for the quarter, compared to analysts' expectations of $767.91 million. Verisk Analytics had a net margin of 30.67% and a return on equity of 460.89%. The company's quarterly revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the company posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be issued 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 payout ratio is presently 27.73%.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the business's stock in a transaction on 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 approximately $14,399,305. The trade was a 9.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Christopher John Perry acquired 1,000 shares of the company's stock in a transaction on Wednesday, August 13th. The stock was purchased at an average cost of $259.80 per share, for a total transaction of $259,800.00. Following the completion of the purchase, the director directly owned 1,773 shares in the company, valued at $460,625.40. This trade represents a 129.37% increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 25,621 shares of company stock worth $7,574,943 in the last ninety days. Insiders own 0.46% of the company's stock.

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.