Macquarie Group Ltd. Reduces Holdings in Verisk Analytics, Inc. (VRSK)

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Macquarie Group Ltd. reduced its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 16.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,500 shares of the business services provider’s stock after selling 300 shares during the period. Macquarie Group Ltd.’s holdings in Verisk Analytics were worth $163,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Bollard Group LLC purchased a new stake in shares of Verisk Analytics during the 4th quarter worth $33,000. Oregon Public Employees Retirement Fund lifted its position in shares of Verisk Analytics by 10,289.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,530,830 shares of the business services provider’s stock worth $42,000 after purchasing an additional 4,487,221 shares during the last quarter. Csenge Advisory Group purchased a new stake in shares of Verisk Analytics during the 3rd quarter worth $45,000. Carroll Financial Associates Inc. lifted its position in shares of Verisk Analytics by 87.6% during the 4th quarter. Carroll Financial Associates Inc. now owns 452 shares of the business services provider’s stock worth $49,000 after purchasing an additional 211 shares during the last quarter. Finally, Lindbrook Capital LLC purchased a new stake in shares of Verisk Analytics during the 4th quarter worth $56,000. 92.87% of the stock is owned by institutional investors and hedge funds.

In related news, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction on Tuesday, March 19th. The shares were sold at an average price of $128.82, for a total value of $386,460.00. Following the completion of the sale, the director now directly owns 66,605 shares of the company’s stock, valued at $8,580,056.10. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the business’s stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of $124.92, for a total transaction of $386,002.80. Following the completion of the sale, the insider now directly owns 37,127 shares of the company’s stock, valued at $4,637,904.84. The disclosure for this sale can be found here. Over the last three months, insiders sold 35,138 shares of company stock valued at $4,389,117. 2.71% of the stock is owned by corporate insiders.

Several equities research analysts have recently issued reports on the stock. 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 cut shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, April 9th. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Friday, February 22nd. UBS Group lifted their price objective on shares of Verisk Analytics from $106.00 to $111.00 and gave the stock a “sell” rating in a research report on Tuesday, April 9th. Finally, Morgan Stanley set a $119.00 price objective on shares of Verisk Analytics and gave the stock a “hold” rating in a research report on Tuesday, January 8th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company. Verisk Analytics has an average rating of “Hold” and an average price target of $119.20.

Shares of VRSK opened at $136.54 on Wednesday. Verisk Analytics, Inc. has a 1-year low of $95.21 and a 1-year high of $138.93. The firm has a market capitalization of $22.40 billion, a P/E ratio of 33.22, a P/E/G ratio of 3.00 and a beta of 0.79. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.49 and a quick ratio of 0.49.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, February 19th. The business services provider reported $1.04 earnings per share for the quarter, missing analysts’ consensus estimates of $1.07 by ($0.03). Verisk Analytics had a net margin of 25.00% and a return on equity of 32.77%. The company had revenue of $613.90 million during the quarter, compared to analysts’ expectations of $613.07 million. During the same period last year, the firm earned $0.81 earnings per share. Verisk Analytics’s revenue was up 7.6% on a year-over-year basis. As a group, sell-side analysts predict that Verisk Analytics, Inc. will post 4.46 earnings per share for the current fiscal year.

The business also recently declared 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 was Thursday, March 14th. Verisk Analytics’s dividend payout ratio (DPR) is presently 6.08%.

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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.

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

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