TimesSquare Capital Management LLC Buys 2,715 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

TimesSquare Capital Management LLC grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 0.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 401,405 shares of the business services provider's stock after buying an additional 2,715 shares during the quarter. Verisk Analytics comprises 1.9% of TimesSquare Capital Management LLC's holdings, making the stock its 4th biggest position. TimesSquare Capital Management LLC owned about 0.29% of Verisk Analytics worth $119,466,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC grew its position in Verisk Analytics by 15.2% in the fourth quarter. Proficio Capital Partners LLC now owns 1,432 shares of the business services provider's stock worth $394,000 after buying an additional 189 shares during the last quarter. Sequoia Financial Advisors LLC boosted its stake in shares of Verisk Analytics by 21.8% during the 4th quarter. Sequoia Financial Advisors LLC now owns 2,280 shares of the business services provider's stock worth $628,000 after acquiring an additional 408 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Verisk Analytics by 121.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,123 shares of the business services provider's stock worth $309,000 after acquiring an additional 615 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Verisk Analytics by 10.3% during the fourth quarter. Natixis Advisors LLC now owns 148,296 shares of the business services provider's stock worth $40,845,000 after purchasing an additional 13,810 shares during the period. Finally, Cibc World Markets Corp raised its position in shares of Verisk Analytics by 3.2% during the fourth quarter. Cibc World Markets Corp now owns 95,463 shares of the business services provider's stock worth $26,293,000 after purchasing an additional 2,991 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics Trading Up 0.4%

VRSK stock traded up $1.12 during trading on Thursday, hitting $302.60. The company had a trading volume of 526,729 shares, compared to its average volume of 778,979. The stock has a market cap of $42.33 billion, a price-to-earnings ratio of 44.30, a PEG ratio of 3.74 and a beta of 0.86. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 26.13. The firm has a 50-day moving average price of $309.31 and a 200-day moving average price of $296.01. 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 released its earnings results on Wednesday, May 7th. The business services provider reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.05. The firm had revenue of $753.00 million during the quarter, compared to analyst estimates of $750.31 million. Verisk Analytics had a net margin of 33.13% and a return on equity of 396.08%. The business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.63 EPS. As a group, analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a $0.45 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a yield of 0.59%. Verisk Analytics's payout ratio is 26.35%.

Insider Buying and Selling

In other Verisk Analytics news, CFO Elizabeth Mann sold 300 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $303.88, for a total transaction of $91,164.00. Following the sale, the chief financial officer directly owned 15,765 shares in the company, valued at approximately $4,790,668.20. This trade represents a 1.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Nicholas Daffan sold 5,419 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total transaction of $1,630,360.34. Following the sale, the insider owned 55,913 shares in the company, valued at approximately $16,821,985.18. The trade was a 8.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,825 shares of company stock valued at $8,947,730. 0.46% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Bank of America initiated coverage on Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 price objective on the stock. Robert W. Baird boosted their price target on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. Finally, UBS Group upped their price target on shares of Verisk Analytics from $295.00 to $320.00 and gave the company a "neutral" rating in a research report on Monday, May 12th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $302.40.

About Verisk Analytics

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.