Jensen Investment Management Inc. Has $215.19 Million Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Jensen Investment Management Inc. reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 900,907 shares of the business services provider’s stock after selling 20,525 shares during the quarter. Verisk Analytics comprises 1.6% of Jensen Investment Management Inc.’s portfolio, making the stock its 24th biggest holding. Jensen Investment Management Inc. owned approximately 0.62% of Verisk Analytics worth $215,191,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VRSK. CVA Family Office LLC acquired a new stake in Verisk Analytics during the fourth quarter worth about $30,000. Frazier Financial Advisors LLC acquired a new stake in Verisk Analytics during the fourth quarter worth about $32,000. DSM Capital Partners LLC acquired a new stake in Verisk Analytics during the fourth quarter worth about $33,000. Global Retirement Partners LLC grew its position in Verisk Analytics by 48.5% during the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after buying an additional 49 shares in the last quarter. Finally, Manchester Capital Management LLC grew its position in Verisk Analytics by 506.5% during the third quarter. Manchester Capital Management LLC now owns 188 shares of the business services provider’s stock worth $44,000 after buying an additional 157 shares in the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on VRSK shares. Evercore ISI reissued an “in-line” rating and set a $250.00 target price on shares of Verisk Analytics in a research report on Tuesday, March 26th. BMO Capital Markets lifted their price objective on Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a report on Thursday, May 2nd. Nine research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $254.31.

Verisk Analytics Trading Down 1.1 %

VRSK stock traded down $2.71 during trading on Tuesday, hitting $248.87. The company had a trading volume of 767,848 shares, compared to its average volume of 872,137. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94. The firm has a 50-day moving average price of $235.01 and a 200-day moving average price of $238.16. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $254.14. The stock has a market cap of $35.51 billion, a price-to-earnings ratio of 46.43, a PEG ratio of 3.13 and a beta of 0.79.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, May 1st. The business services provider reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.52 by $0.11. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The firm had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. During the same quarter in the previous year, the company posted $1.29 EPS. Verisk Analytics’s revenue was up 8.0% on a year-over-year basis. As a group, analysts predict that Verisk Analytics, Inc. will post 6.55 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Saturday, June 15th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Friday, June 14th. Verisk Analytics’s dividend payout ratio is presently 29.10%.

Verisk Analytics declared that its Board of Directors has authorized a share buyback program on Wednesday, February 21st that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to purchase up to 2.9% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In other Verisk Analytics news, insider Nicholas Daffan sold 1,511 shares of Verisk Analytics stock in a transaction on Monday, May 13th. The shares were sold at an average price of $248.88, for a total transaction of $376,057.68. Following the completion of the sale, the insider now owns 52,500 shares of the company’s stock, valued at approximately $13,066,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Kathy Card Beckles sold 227 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $237.61, for a total value of $53,937.47. Following the completion of the transaction, the insider now owns 7,796 shares of the company’s stock, valued at approximately $1,852,407.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Nicholas Daffan sold 1,511 shares of the company’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $248.88, for a total transaction of $376,057.68. Following the completion of the transaction, the insider now directly owns 52,500 shares of the company’s stock, valued at $13,066,200. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,304 shares of company stock valued at $2,648,390. Company insiders own 0.40% of the company’s stock.

Verisk Analytics 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.