UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $264.39 Million Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 986,663 shares of the business services provider’s stock after selling 27,966 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.70% of Verisk Analytics worth $264,386,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. FMR LLC increased its holdings in shares of Verisk Analytics by 6.5% in the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after purchasing an additional 283,653 shares during the last quarter. Legal & General Group Plc grew its stake in Verisk Analytics by 7.4% in the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock valued at $436,204,000 after buying an additional 111,364 shares during the last quarter. TD Asset Management Inc raised its holdings in Verisk Analytics by 5.5% in the 2nd quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider’s stock valued at $405,030,000 after acquiring an additional 78,008 shares during the period. Dimensional Fund Advisors LP lifted its position in Verisk Analytics by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider’s stock worth $297,491,000 after acquiring an additional 85,202 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Verisk Analytics by 1.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock worth $214,676,000 after acquiring an additional 8,262 shares during the period. Institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on VRSK shares. Barclays boosted their price target on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research note on Friday, September 13th. Royal Bank of Canada raised their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Evercore ISI reaffirmed an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $285.80.

Insiders Place Their Bets

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $57,298.00. Following the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at $4,471,535.92. This trade represents a 1.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $280.71, for a total transaction of $280,710.00. Following the completion of the transaction, the chief executive officer now owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. This trade represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,400 shares of company stock valued at $678,764. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Trading Down 0.1 %

Shares of VRSK stock opened at $294.21 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58. The stock’s fifty day moving average price is $275.42 and its two-hundred day moving average price is $269.93. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $41.55 billion, a PE ratio of 45.90, a P/E/G ratio of 3.69 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. The firm had revenue of $725.30 million for the quarter, compared to analysts’ expectations of $722.19 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 previous year, the business posted $1.52 earnings per share. Equities analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

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.