Donaldson Capital Management LLC bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,619 shares of the business services provider’s stock, valued at approximately $215,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Suntrust Banks Inc. boosted its stake in shares of Verisk Analytics by 0.4% in the fourth quarter. Suntrust Banks Inc. now owns 22,973 shares of the business services provider’s stock valued at $2,504,000 after purchasing an additional 86 shares during the period. Pitcairn Co. lifted its stake in Verisk Analytics by 4.7% in the fourth quarter. Pitcairn Co. now owns 2,039 shares of the business services provider’s stock worth $223,000 after acquiring an additional 92 shares during the last quarter. Kaizen Advisory LLC lifted its stake in Verisk Analytics by 26.2% in the fourth quarter. Kaizen Advisory LLC now owns 462 shares of the business services provider’s stock worth $50,000 after acquiring an additional 96 shares during the last quarter. Utah Retirement Systems lifted its stake in Verisk Analytics by 0.3% in the fourth quarter. Utah Retirement Systems now owns 29,920 shares of the business services provider’s stock worth $3,262,000 after acquiring an additional 100 shares during the last quarter. Finally, Diversified Trust Co lifted its stake in Verisk Analytics by 4.1% in the fourth quarter. Diversified Trust Co now owns 2,797 shares of the business services provider’s stock worth $305,000 after acquiring an additional 110 shares during the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.
VRSK has been the subject of several recent analyst reports. Robert W. Baird set a $137.00 price objective on shares of Verisk Analytics and gave the stock an “outperform” rating in a research report on Wednesday, February 20th. BidaskClub downgraded shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 9th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Friday, February 22nd. Deutsche Bank set a $137.00 target price on shares of Verisk Analytics and gave the company a “hold” rating in a report on Tuesday. Finally, UBS Group lifted their target price on shares of Verisk Analytics from $106.00 to $111.00 and gave the company a “sell” rating in a report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $120.82.
Shares of NASDAQ VRSK traded up $0.03 during trading on Wednesday, hitting $139.50. 502,800 shares of the company were exchanged, compared to its average volume of 706,755. The firm has a market capitalization of $22.81 billion, a P/E ratio of 33.94, a PEG ratio of 3.03 and a beta of 0.79. Verisk Analytics, Inc. has a 1 year low of $95.21 and a 1 year high of $140.41. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.49 and a current ratio of 0.49.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, February 19th. The business services provider reported $1.04 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.03). Verisk Analytics had a return on equity of 32.77% and a net margin of 25.00%. The company had revenue of $613.90 million for the quarter, compared to analysts’ expectations of $613.07 million. During the same quarter in the previous year, the firm posted $0.81 earnings per share. Verisk Analytics’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, sell-side analysts forecast that Verisk Analytics, Inc. will post 4.46 earnings per share for the current fiscal year.
The firm also recently disclosed a special dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, March 14th. Verisk Analytics’s dividend payout ratio is presently 6.08%.
Verisk Analytics Profile
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.
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