WBI Investments LLC Lowers Position in Verisk Analytics, Inc. $VRSK

Key Points

• WBI Investments LLC reduced its position in Verisk Analytics by 50.9%, selling 4,618 shares in the first quarter, leaving them with 4,451 shares valued at $1.325 million.
• Several institutional investors have significantly increased their stakes in Verisk Analytics, with Nuveen LLC acquiring a position valued at approximately $508.6 million and Ameriprise Financial boosting its stake by 631%.
• Verisk Analytics recently declared a $0.45 quarterly dividend, with an annualized total of $1.80, representing a 0.7% dividend yield.

WBI Investments LLC lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 50.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,451 shares of the business services provider's stock after selling 4,618 shares during the quarter. WBI Investments LLC's holdings in Verisk Analytics were worth $1,325,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VRSK. Nuveen LLC purchased a new position in shares of Verisk Analytics in the 1st quarter valued at approximately $508,611,000. Ameriprise Financial Inc. lifted its stake in shares of Verisk Analytics by 631.0% in the 1st quarter. Ameriprise Financial Inc. now owns 1,415,439 shares of the business services provider's stock valued at $422,676,000 after purchasing an additional 1,221,798 shares during the period. GAMMA Investing LLC lifted its stake in shares of Verisk Analytics by 36,332.8% in the 1st quarter. GAMMA Investing LLC now owns 1,204,468 shares of the business services provider's stock valued at $358,474,000 after purchasing an additional 1,201,162 shares during the period. Invesco Ltd. lifted its stake in shares of Verisk Analytics by 36.0% in the 1st 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 during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Verisk Analytics by 35.6% in the 1st 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 during the period. Hedge funds and other institutional investors own 90.00% of the company's stock.

Insider Transactions at Verisk Analytics

In other news, Director Samuel G. Liss sold 11,656 shares of the business's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $313.06, for a total value of $3,649,027.36. Following the completion of the transaction, the director owned 67,244 shares in the company, valued at $21,051,406.64. The trade was a 14.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Christopher John Perry purchased 1,000 shares of the firm's stock in a transaction dated Wednesday, August 13th. The stock was acquired at an average price of $259.80 per share, with a total value of $259,800.00. Following the purchase, the director directly owned 1,773 shares of the company's stock, valued at approximately $460,625.40. The trade was a 129.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 25,621 shares of company stock valued at $7,574,943. Insiders own 0.46% of the company's stock.

Verisk Analytics Stock Down 2.2%

Shares of NASDAQ:VRSK opened at $262.77 on Thursday. Verisk Analytics, Inc. has a 12-month low of $259.01 and a 12-month high of $322.92. The stock has a fifty day simple moving average of $280.60 and a two-hundred day simple moving average of $293.36. 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 market capitalization of $36.71 billion, a price-to-earnings ratio of 40.49, a PEG ratio of 3.81 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last posted 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 firm 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 business earned $1.74 earnings per share. The company's revenue was up 7.8% on a year-over-year basis. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. On average, research analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Raymond James Financial set a $315.00 target price on Verisk Analytics and gave the company an "outperform" rating in a research note on Monday, August 4th. UBS Group lowered their target price on Verisk Analytics from $320.00 to $300.00 and set a "neutral" rating for the company in a research note on Thursday, July 31st. Wolfe Research began coverage on Verisk Analytics in a research note on Wednesday, September 3rd. They set an "outperform" rating and a $320.00 price objective for the company. Finally, Morgan Stanley lifted their price objective on Verisk Analytics from $317.00 to $319.00 and gave the company an "equal weight" rating in a research note on Thursday, July 31st. Five equities 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. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $306.91.

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.

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