Intech Investment Management LLC Has $7.78 Million Position in Verisk Analytics, Inc. $VRSK

Key Points

• Intech Investment Management LLC increased its stake in Verisk Analytics by 11.2%, owning 26,137 shares valued at approximately $7.78 million after acquiring additional shares in the first quarter.
• Verisk Analytics reported an earnings per share (EPS) of $1.88 for the last quarter, exceeding analysts' expectations, while revenue rose by 7.8% year-over-year to $772.6 million.
• The company declared a quarterly dividend of $0.45 per share, with an annualized yield of 0.7%, set to be paid on September 30th.

Intech Investment Management LLC increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 11.2% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,137 shares of the business services provider's stock after purchasing an additional 2,635 shares during the period. Intech Investment Management LLC's holdings in Verisk Analytics were worth $7,779,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Nuveen LLC acquired a new stake in Verisk Analytics during the first quarter worth about $508,611,000. Ameriprise Financial Inc. boosted its position in shares of Verisk Analytics by 631.0% during the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider's stock worth $422,676,000 after acquiring an additional 1,221,798 shares in the last quarter. GAMMA Investing LLC increased its stake in Verisk Analytics by 36,332.8% in the first quarter. GAMMA Investing LLC now owns 1,204,468 shares of the business services provider's stock valued at $358,474,000 after acquiring an additional 1,201,162 shares during the last quarter. Invesco Ltd. raised its position in Verisk Analytics by 36.0% during the first quarter. Invesco Ltd. now owns 2,251,051 shares of the business services provider's stock valued at $669,958,000 after purchasing an additional 596,225 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Verisk Analytics by 35.6% during the first 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 in the last quarter. Institutional investors own 90.00% of the company's stock.

Verisk Analytics Price Performance

VRSK traded down $4.04 on Friday, reaching $262.20. The stock had a trading volume of 895,490 shares, compared to its average volume of 933,841. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 10.34. The company has a market capitalization of $36.63 billion, a price-to-earnings ratio of 40.40, a price-to-earnings-growth ratio of 3.72 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 firm has a 50-day moving average of $279.01 and a 200-day moving average of $292.93.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.11. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The company had revenue of $772.60 million for the quarter, compared to analysts' expectations of $767.91 million. During the same period in the previous year, the business posted $1.74 earnings per share. The business'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 anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors 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 yield of 0.7%. The ex-dividend date is Monday, September 15th. Verisk Analytics's dividend payout ratio is presently 27.73%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,100 shares of Verisk Analytics stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $268.01, for a total transaction of $294,811.00. Following the transaction, the chief executive officer directly owned 78,907 shares of the company's stock, valued at approximately $21,147,865.07. The trade was a 1.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Nicholas Daffan sold 5,420 shares of the stock in a transaction dated 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 completion of the sale, 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 disclosure for this sale can be found here. Insiders sold 13,965 shares of company stock worth $3,925,916 over the last 90 days. Company insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wolfe Research assumed coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They issued an "outperform" rating and a $320.00 price target on the stock. UBS Group decreased their target price on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating on the stock in a research report on Thursday, July 31st. Morgan Stanley increased their target price on shares of Verisk Analytics from $317.00 to $319.00 and gave the stock an "equal weight" rating in a report on Thursday, July 31st. Finally, Raymond James Financial set a $315.00 price target on shares of Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $306.91.

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.