Nissay Asset Management Corp Japan ADV Increases Holdings in Verisk Analytics, Inc. (VRSK)

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Nissay Asset Management Corp Japan ADV boosted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.1% in the first quarter, HoldingsChannel.com reports. The fund owned 13,792 shares of the business services provider’s stock after buying an additional 543 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Verisk Analytics were worth $1,834,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Suntrust Banks Inc. lifted its holdings in shares of Verisk Analytics by 0.4% during the 4th quarter. Suntrust Banks Inc. now owns 22,973 shares of the business services provider’s stock valued at $2,504,000 after buying an additional 86 shares during the last quarter. Tandem Investment Advisors Inc. lifted its holdings in shares of Verisk Analytics by 1.5% during the 1st quarter. Tandem Investment Advisors Inc. now owns 5,935 shares of the business services provider’s stock valued at $789,000 after buying an additional 88 shares during the last quarter. Pitcairn Co. lifted its holdings in shares of Verisk Analytics by 4.7% during the 4th quarter. Pitcairn Co. now owns 2,039 shares of the business services provider’s stock valued at $223,000 after buying an additional 92 shares during the last quarter. Kaizen Advisory LLC lifted its holdings in shares of Verisk Analytics by 26.2% during the 4th quarter. Kaizen Advisory LLC now owns 462 shares of the business services provider’s stock valued at $50,000 after buying an additional 96 shares during the last quarter. Finally, Utah Retirement Systems lifted its holdings in shares of Verisk Analytics by 0.3% during the 4th quarter. Utah Retirement Systems now owns 29,920 shares of the business services provider’s stock valued at $3,262,000 after buying an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 92.55% of the company’s stock.

Several brokerages have recently issued reports on VRSK. Robert W. Baird set a $137.00 price target on Verisk Analytics and gave the company an “outperform” rating in a report on Wednesday, February 20th. UBS Group lifted their price target on Verisk Analytics from $111.00 to $119.00 and gave the company a “sell” rating in a report on Thursday, May 2nd. BidaskClub lowered Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Tuesday, April 9th. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. Finally, Morgan Stanley set a $132.00 target price on Verisk Analytics and gave the stock a “hold” rating in a report on Thursday, May 2nd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $130.00.

Shares of NASDAQ VRSK opened at $142.13 on Friday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 1.13. The company has a market capitalization of $23.04 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 3.15 and a beta of 0.80. Verisk Analytics, Inc. has a 12 month low of $102.74 and a 12 month high of $143.67.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, April 30th. The business services provider reported $1.03 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.03. The company had revenue of $625.00 million for the quarter, compared to the consensus estimate of $618.14 million. Verisk Analytics had a return on equity of 33.36% and a net margin of 24.60%. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.94 EPS. On average, research analysts forecast that Verisk Analytics, Inc. will post 4.42 earnings per share for the current fiscal year.

The firm also recently declared a special dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 13th. Verisk Analytics’s dividend payout ratio is currently 6.08%.

In other news, insider Vincent De P. Mccarthy sold 3,090 shares of the business’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of $124.92, for a total transaction of $386,002.80. Following the sale, the insider now directly owns 37,127 shares in the company, valued at $4,637,904.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David B. Wright sold 11,250 shares of the business’s stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of $125.27, for a total value of $1,409,287.50. Following the sale, the director now owns 32,291 shares in the company, valued at $4,045,093.57. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 35,139 shares of company stock worth $4,461,097. 2.71% of the stock is currently owned by company insiders.

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Verisk Analytics Company 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.

Further Reading: Mutual Funds

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

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

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