Voya Investment Management LLC Purchases 58,954 Shares of Verisk Analytics, Inc. $VRSK

Key Points

• Voya Investment Management LLC increased its stake in Verisk Analytics by 24.1%, acquiring an additional 58,954 shares to hold a total of 303,480 shares valued at approximately $90.08 million.
• Verisk Analytics reported a quarterly revenue of $772.60 million and an EPS of $1.88, exceeding analysts' estimates and reflecting a 7.8% year-over-year increase.
• The company declared a quarterly dividend of $0.45 per share, indicating a 0.7% yield and a payout ratio of 27.73%.

Voya Investment Management LLC raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 24.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 303,480 shares of the business services provider's stock after acquiring an additional 58,954 shares during the quarter. Voya Investment Management LLC owned approximately 0.22% of Verisk Analytics worth $90,076,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VRSK. Louisbourg Investments Inc. bought a new stake in Verisk Analytics during the 1st quarter valued at $25,000. Global Financial Private Client LLC boosted its position in Verisk Analytics by 966.7% during the 1st quarter. Global Financial Private Client LLC now owns 128 shares of the business services provider's stock valued at $38,000 after acquiring an additional 116 shares in the last quarter. Wayfinding Financial LLC bought a new stake in Verisk Analytics during the 1st quarter valued at $48,000. GW&K Investment Management LLC boosted its position in Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider's stock valued at $51,000 after acquiring an additional 112 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in Verisk Analytics during the 1st quarter valued at $52,000. Institutional investors own 90.00% of the company's stock.

Insider Activity at Verisk Analytics

In other news, Director Christopher John Perry purchased 1,000 shares of the stock in a transaction on Wednesday, August 13th. The stock was bought at an average price of $259.80 per share, with a total value of $259,800.00. Following the transaction, the director owned 1,773 shares in the company, valued at $460,625.40. The trade was a 129.37% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of Verisk Analytics stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $268.00, for a total value of $80,400.00. Following the sale, the chief financial officer directly owned 15,465 shares of the company's stock, valued at approximately $4,144,620. This represents a 1.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 13,965 shares of company stock worth $3,925,916 in the last quarter. 0.46% of the stock is owned by insiders.

Verisk Analytics Stock Performance

Shares of VRSK opened at $262.20 on Friday. The firm has a market cap of $36.63 billion, a PE ratio of 40.40, a P/E/G ratio of 3.77 and a beta of 0.86. 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 stock has a fifty day moving average price of $279.01 and a 200-day moving average price of $292.89. Verisk Analytics, Inc. has a 12 month low of $259.01 and a 12 month high of $322.92.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $767.91 million. During the same quarter in the previous year, the firm posted $1.74 EPS. The firm's 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. Equities research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

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

Analyst Ratings Changes

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

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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