Deutsche Bank AG Has $249.05 Million Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Deutsche Bank AG raised its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 904,225 shares of the business services provider's stock after acquiring an additional 4,884 shares during the quarter. Deutsche Bank AG owned approximately 0.64% of Verisk Analytics worth $249,051,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Alliancebernstein L.P. grew its stake in Verisk Analytics by 8.1% during the 4th quarter. Alliancebernstein L.P. now owns 5,210,080 shares of the business services provider's stock valued at $1,435,012,000 after acquiring an additional 392,270 shares in the last quarter. FMR LLC grew its stake in Verisk Analytics by 1.6% during the 4th quarter. FMR LLC now owns 4,691,016 shares of the business services provider's stock valued at $1,292,047,000 after acquiring an additional 72,045 shares in the last quarter. Geode Capital Management LLC grew its stake in Verisk Analytics by 0.5% during the 4th quarter. Geode Capital Management LLC now owns 3,811,563 shares of the business services provider's stock valued at $1,051,300,000 after acquiring an additional 19,423 shares in the last quarter. Norges Bank purchased a new position in Verisk Analytics during the 4th quarter valued at about $526,676,000. Finally, Invesco Ltd. grew its stake in Verisk Analytics by 9.6% during the 4th quarter. Invesco Ltd. now owns 1,654,826 shares of the business services provider's stock valued at $455,789,000 after acquiring an additional 144,599 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company's stock.

Insider Transactions at Verisk Analytics

In other news, Director Bruce Edward Hansen sold 1,179 shares of the firm's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $295.36, for a total transaction of $348,229.44. Following the sale, the director now owns 13,786 shares of the company's stock, valued at $4,071,832.96. This trade represents a 7.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 300 shares of the firm's stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $295.38, for a total value of $88,614.00. Following the sale, the chief financial officer now directly owns 16,665 shares in the company, valued at approximately $4,922,507.70. This represents a 1.77% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,363 shares of company stock worth $2,529,187. Insiders own 0.46% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VRSK. Wells Fargo & Company dropped their price objective on Verisk Analytics from $325.00 to $321.00 and set an "overweight" rating on the stock in a report on Thursday, February 27th. Robert W. Baird raised their price objective on shares of Verisk Analytics from $320.00 to $335.00 and gave the company an "outperform" rating in a research report on Thursday. BMO Capital Markets boosted their target price on Verisk Analytics from $280.00 to $297.00 and gave the stock a "market perform" rating in a report on Thursday, February 27th. UBS Group upped their price target on Verisk Analytics from $295.00 to $320.00 and gave the stock a "neutral" rating in a report on Monday. Finally, Bank of America began coverage on Verisk Analytics in a report on Thursday, April 10th. They set an "underperform" rating and a $280.00 price target for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $302.40.

Verisk Analytics Price Performance

NASDAQ:VRSK traded down $5.85 during trading hours on Monday, reaching $303.65. The company had a trading volume of 990,473 shares, compared to its average volume of 765,319. The stock has a 50-day moving average of $292.29 and a two-hundred day moving average of $286.97. Verisk Analytics, Inc. has a one year low of $245.01 and a one year high of $314.17. The firm has a market capitalization of $42.49 billion, a PE ratio of 47.37, a PEG ratio of 3.37 and a beta of 0.89. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its earnings results on Wednesday, May 7th. The business services provider reported $1.73 EPS for the quarter, topping the consensus estimate of $1.68 by $0.05. The company had revenue of $753.00 million for the quarter, compared to analysts' expectations of $750.31 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.63 earnings per share. Analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics announced that its Board of Directors has initiated a share buyback plan on Wednesday, February 26th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the business services provider to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's board believes its shares are undervalued.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 0.59%. The ex-dividend date of this dividend is Friday, June 13th. Verisk Analytics's payout ratio is presently 26.35%.

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.