Xponance Inc. Has $11.79 Million Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Xponance Inc. trimmed its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 3.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,610 shares of the business services provider's stock after selling 1,209 shares during the quarter. Xponance Inc.'s holdings in Verisk Analytics were worth $11,789,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of VRSK. Bennett Selby Investments LP increased its holdings in shares of Verisk Analytics by 3.1% in the 1st quarter. Bennett Selby Investments LP now owns 1,208 shares of the business services provider's stock worth $359,000 after acquiring an additional 36 shares during the period. Private Trust Co. NA lifted its holdings in Verisk Analytics by 10.2% in the 1st quarter. Private Trust Co. NA now owns 389 shares of the business services provider's stock valued at $116,000 after acquiring an additional 36 shares during the last quarter. Haverford Trust Co lifted its holdings in Verisk Analytics by 5.4% in the 4th quarter. Haverford Trust Co now owns 903 shares of the business services provider's stock valued at $249,000 after acquiring an additional 46 shares during the last quarter. Azzad Asset Management Inc. ADV lifted its holdings in Verisk Analytics by 5.1% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 944 shares of the business services provider's stock valued at $281,000 after acquiring an additional 46 shares during the last quarter. Finally, Greenleaf Trust lifted its holdings in Verisk Analytics by 0.5% in the 1st quarter. Greenleaf Trust now owns 9,870 shares of the business services provider's stock valued at $2,938,000 after acquiring an additional 47 shares during the last quarter. Institutional investors own 90.00% of the company's stock.

Analyst Upgrades and Downgrades

VRSK has been the subject of a number of analyst reports. UBS Group upped their price objective on shares of Verisk Analytics from $295.00 to $320.00 and gave the company a "neutral" rating in a research note on Monday, May 12th. Bank of America initiated coverage on shares of Verisk Analytics in a research note on Thursday, April 10th. They set an "underperform" rating and a $280.00 price objective for the company. Finally, Robert W. Baird increased their price target on shares of Verisk Analytics from $320.00 to $335.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. One research 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. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $302.40.

Insiders Place Their Bets

In related news, insider Nicholas Daffan sold 5,419 shares of Verisk Analytics stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $1,630,360.34. Following the completion of the sale, the insider directly owned 55,913 shares in the company, valued at $16,821,985.18. This trade represents a 8.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of Verisk Analytics stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $98,080.36. Following the completion of the sale, the insider owned 9,319 shares of the company's stock, valued at approximately $2,803,714.34. The trade was a 3.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 28,525 shares of company stock valued at $8,856,566. 0.46% of the stock is owned by corporate insiders.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK traded down $5.48 during midday trading on Tuesday, reaching $300.14. 845,752 shares of the company traded hands, compared to its average volume of 780,885. The firm has a market cap of $41.98 billion, a PE ratio of 43.94, a PEG ratio of 3.73 and a beta of 0.86. The stock's 50-day simple moving average is $309.51 and its 200-day simple moving average is $295.75. Verisk Analytics, Inc. has a 12 month low of $257.59 and a 12 month high of $322.92. The company has a debt-to-equity ratio of 26.13, a quick ratio of 1.27 and a current ratio of 1.27.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The business services provider reported $1.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.68 by $0.05. The company had revenue of $753.00 million during the quarter, compared to analysts' expectations of $750.31 million. Verisk Analytics had a return on equity of 396.08% and a net margin of 33.13%. The business's revenue was up 7.0% on a year-over-year basis. During the same period last year, the business earned $1.63 earnings per share. As a group, equities 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 was paid on Monday, June 30th. Investors of record on Friday, June 13th were issued a $0.45 dividend. The ex-dividend date was Friday, June 13th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 0.60%. Verisk Analytics's dividend payout ratio is 26.35%.

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.