O Shaughnessy Asset Management LLC Decreases Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

O Shaughnessy Asset Management LLC decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,999 shares of the business services provider’s stock after selling 179 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Verisk Analytics were worth $399,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Harvest Group Wealth Management LLC acquired a new position in Verisk Analytics during the first quarter worth $26,000. Signaturefd LLC raised its holdings in shares of Verisk Analytics by 112.8% in the first quarter. Signaturefd LLC now owns 200 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Ropes Wealth Advisors LLC purchased a new stake in shares of Verisk Analytics in the first quarter valued at about $39,000. Executive Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at about $33,000. Finally, Bollard Group LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 93.40% of the company’s stock.

Shares of VRSK stock traded up $1.84 during trading hours on Friday, reaching $146.46. The stock had a trading volume of 1,183,572 shares, compared to its average volume of 935,031. The firm has a market capitalization of $23.67 billion, a price-to-earnings ratio of 35.64, a PEG ratio of 3.23 and a beta of 0.77. Verisk Analytics, Inc. has a 12 month low of $102.74 and a 12 month high of $147.94. The stock has a fifty day simple moving average of $143.22. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.03 EPS for the quarter, hitting the consensus estimate of $1.03. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. The firm had revenue of $625.00 million for the quarter, compared to the consensus estimate of $618.14 million. During the same period last year, the firm posted $0.94 earnings per share. The business’s revenue was up 7.5% compared to the same quarter last year. As a group, equities analysts expect that Verisk Analytics, Inc. will post 4.42 EPS for the current fiscal year.

The company also recently announced a special dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 14th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 13th. Verisk Analytics’s dividend payout ratio is 24.33%.

Several analysts have recently commented on the stock. BidaskClub downgraded shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 9th. UBS Group increased their price target on shares of Verisk Analytics from $111.00 to $119.00 and gave the company a “sell” rating in a research report on Thursday, May 2nd. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, April 27th. Morgan Stanley set a $132.00 price target on shares of Verisk Analytics and gave the company a “hold” rating in a research report on Thursday, May 2nd. Finally, SunTrust Banks increased their price target on shares of Verisk Analytics to $150.00 and gave the company a “hold” rating in a research report on Thursday, May 2nd. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Verisk Analytics has an average rating of “Hold” and an average price target of $130.00.

In other news, Director Christopher M. Foskett sold 10,078 shares of the business’s stock in a transaction on Friday, June 7th. The shares were sold at an average price of $146.54, for a total transaction of $1,476,830.12. Following the sale, the director now owns 20,759 shares in the company, valued at approximately $3,042,023.86. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Vincent De P. Mccarthy sold 3,091 shares of Verisk Analytics stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $137.34, for a total value of $424,517.94. Following the completion of the transaction, the insider now directly owns 36,441 shares of the company’s stock, valued at approximately $5,004,806.94. The disclosure for this sale can be found here. Insiders sold 16,169 shares of company stock worth $2,334,098 in the last 90 days. Company insiders own 2.71% of the company’s stock.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

Further Reading: Outstanding Shares

Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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