TBH Global Asset Management LLC Purchases 1,210 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

TBH Global Asset Management LLC raised its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 16.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,421 shares of the business services provider's stock after acquiring an additional 1,210 shares during the period. TBH Global Asset Management LLC's holdings in Verisk Analytics were worth $2,506,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bennett Selby Investments LP increased its holdings in Verisk Analytics by 3.1% in the first quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider's stock worth $359,000 after purchasing an additional 36 shares in the last quarter. Dorsey & Whitney Trust CO LLC increased its stake in shares of Verisk Analytics by 3.1% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 1,213 shares of the business services provider's stock valued at $334,000 after acquiring an additional 37 shares in the last quarter. Haverford Trust Co boosted its stake in Verisk Analytics by 5.4% during the fourth quarter. Haverford Trust Co now owns 903 shares of the business services provider's stock worth $249,000 after acquiring an additional 46 shares in the last quarter. Azzad Asset Management Inc. ADV grew its holdings in Verisk Analytics by 5.1% in the first quarter. Azzad Asset Management Inc. ADV now owns 944 shares of the business services provider's stock worth $281,000 after purchasing an additional 46 shares during the period. Finally, Ausdal Financial Partners Inc. increased its stake in Verisk Analytics by 1.9% in the fourth quarter. Ausdal Financial Partners Inc. now owns 2,784 shares of the business services provider's stock valued at $767,000 after purchasing an additional 51 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company's stock.

Verisk Analytics Price Performance

Shares of VRSK stock traded up $1.03 during trading hours on Tuesday, reaching $312.53. The stock had a trading volume of 394,279 shares, compared to its average volume of 769,849. The stock's fifty day simple moving average is $306.94 and its 200 day simple moving average is $293.89. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 26.13. The firm has a market capitalization of $43.72 billion, a PE ratio of 45.75, 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.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The business services provider reported $1.73 earnings per share for the quarter, beating analysts' consensus estimates 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%. Verisk Analytics's quarterly revenue was up 7.0% on a year-over-year basis. During the same period last year, the firm posted $1.63 earnings per share. On average, equities research analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently declared 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. The ex-dividend date was Friday, June 13th. This represents a $1.80 annualized dividend and a yield of 0.58%. Verisk Analytics's payout ratio is 26.35%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VRSK shares. UBS Group increased their target price on Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a report on Monday, May 12th. Robert W. Baird raised their price target on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. 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 company's stock. According to MarketBeat.com, Verisk Analytics has a consensus rating of "Hold" and a consensus price target of $302.40.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the company's stock in a transaction on Tuesday, April 15th. The shares were sold at an average price of $295.38, for a total value of $88,614.00. Following the completion of the transaction, the chief financial officer directly owned 16,665 shares in the company, valued at approximately $4,922,507.70. This represents a 1.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO David J. Grover sold 5,705 shares of Verisk Analytics stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $307.68, for a total transaction of $1,755,314.40. Following the sale, the chief accounting officer directly owned 12,937 shares in the company, valued at $3,980,456.16. The trade was a 30.60% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 24,259 shares of company stock worth $7,553,769. 0.46% of the stock is currently owned by corporate insiders.

Verisk Analytics Company 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.