Unigestion Holding SA boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 77.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,351 shares of the business services provider’s stock after acquiring an additional 49,910 shares during the period. Unigestion Holding SA owned 0.08% of Verisk Analytics worth $30,641,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. International Assets Investment Management LLC acquired a new stake in Verisk Analytics in the 2nd quarter worth $31,000. Chilton Capital Management LLC bought a new position in Verisk Analytics during the second quarter valued at about $34,000. Ashton Thomas Securities LLC bought a new position in Verisk Analytics during the third quarter valued at about $34,000. Rothschild Investment LLC acquired a new position in Verisk Analytics in the 2nd quarter valued at approximately $41,000. Finally, Kings Path Partners LLC bought a new stake in shares of Verisk Analytics in the 2nd quarter worth approximately $46,000. 90.00% of the stock is currently owned by institutional investors.
Insider Transactions at Verisk Analytics
In related news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. This trade represents a 1.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction on Monday, November 18th. The stock was 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 directly owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,400 shares of company stock valued at $678,764 over the last three months. 0.40% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on VRSK
Verisk Analytics Price Performance
Shares of VRSK stock opened at $286.68 on Wednesday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market capitalization of $40.48 billion, a price-to-earnings ratio of 44.72, a PEG ratio of 3.60 and a beta of 0.87. The firm’s 50 day moving average is $278.25 and its 200-day moving average is $271.82. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $296.58.
Verisk Analytics (NASDAQ:VRSK – Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 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 analyst estimates of $722.19 million. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period last year, the company earned $1.52 EPS. Sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.
Verisk Analytics Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.54%. Verisk Analytics’s dividend payout ratio (DPR) is presently 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.
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