V Square Quantitative Management LLC Has $405,000 Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

V Square Quantitative Management LLC increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 53.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,720 shares of the business services provider’s stock after purchasing an additional 597 shares during the quarter. V Square Quantitative Management LLC’s holdings in Verisk Analytics were worth $405,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of VRSK. Smithfield Trust Co grew its holdings in shares of Verisk Analytics by 6.3% during the fourth quarter. Smithfield Trust Co now owns 727 shares of the business services provider’s stock worth $175,000 after buying an additional 43 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Verisk Analytics by 25.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 221 shares of the business services provider’s stock worth $53,000 after acquiring an additional 45 shares in the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Verisk Analytics by 3.4% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 1,417 shares of the business services provider’s stock valued at $335,000 after purchasing an additional 46 shares during the last quarter. Webster Bank N. A. raised its holdings in shares of Verisk Analytics by 28.4% in the first quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 46 shares during the last quarter. Finally, Wealth Alliance lifted its position in shares of Verisk Analytics by 4.3% in the fourth quarter. Wealth Alliance now owns 1,147 shares of the business services provider’s stock worth $274,000 after purchasing an additional 47 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 1,531 shares of Verisk Analytics stock in a transaction dated Tuesday, March 12th. The shares were sold at an average price of $236.12, for a total value of $361,499.72. Following the completion of the sale, the insider now owns 50,973 shares in the company, valued at approximately $12,035,744.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Verisk Analytics news, insider Nicholas Daffan sold 1,531 shares of the firm’s stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $236.12, for a total transaction of $361,499.72. Following the transaction, the insider now owns 50,973 shares in the company, valued at approximately $12,035,744.76. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kathy Card Beckles sold 227 shares of Verisk Analytics stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $237.61, for a total value of $53,937.47. Following the completion of the transaction, the insider now directly owns 7,796 shares of the company’s stock, valued at $1,852,407.56. The disclosure for this sale can be found here. Insiders sold 11,304 shares of company stock worth $2,648,390 in the last ninety days. 0.40% of the stock is owned by company insiders.

Verisk Analytics Stock Performance

Verisk Analytics stock traded up $2.14 during mid-day trading on Wednesday, hitting $253.64. 705,912 shares of the company’s stock traded hands, compared to its average volume of 874,781. The company has a debt-to-equity ratio of 9.94, a current ratio of 1.09 and a quick ratio of 1.09. The firm has a 50 day simple moving average of $233.80 and a two-hundred day simple moving average of $237.70. Verisk Analytics, Inc. has a fifty-two week low of $214.67 and a fifty-two week high of $254.08. The stock has a market cap of $36.19 billion, a price-to-earnings ratio of 47.32, a P/E/G ratio of 3.08 and a beta of 0.79.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, May 1st. The business services provider reported $1.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.11. The company had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. Verisk Analytics’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.29 EPS. On average, research analysts expect that Verisk Analytics, Inc. will post 6.53 EPS for the current fiscal year.

Verisk Analytics declared that its Board of Directors has approved a stock repurchase plan on Wednesday, February 21st that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the business services provider to purchase up to 2.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Saturday, June 15th will be issued a dividend of $0.39 per share. The ex-dividend date is Friday, June 14th. This represents a $1.56 annualized dividend and a yield of 0.62%. Verisk Analytics’s payout ratio is currently 29.10%.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of recent research reports. BMO Capital Markets increased their price objective on shares of Verisk Analytics from $238.00 to $241.00 and gave the stock a “market perform” rating in a research note on Thursday, May 2nd. Evercore ISI reissued an “in-line” rating and set a $250.00 price target on shares of Verisk Analytics in a research report on Tuesday, March 26th. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $254.31.

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.