IQ EQ FUND MANAGEMENT IRELAND Ltd Sells 114 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

IQ EQ FUND MANAGEMENT IRELAND Ltd cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,574 shares of the business services provider’s stock after selling 114 shares during the period. IQ EQ FUND MANAGEMENT IRELAND Ltd’s holdings in Verisk Analytics were worth $2,297,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. OFI Invest Asset Management bought a new stake in Verisk Analytics during the 1st quarter worth $28,000. International Assets Investment Management LLC bought a new position in Verisk Analytics in the 2nd quarter valued at approximately $31,000. Chilton Capital Management LLC acquired a new stake in Verisk Analytics during the 2nd quarter worth approximately $34,000. Riverview Trust Co acquired a new stake in Verisk Analytics during the 1st quarter worth approximately $40,000. Finally, Rothschild Investment LLC bought a new stake in Verisk Analytics during the 2nd quarter worth approximately $41,000. 90.00% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on VRSK. Royal Bank of Canada reiterated an “outperform” rating and set a $268.00 price target on shares of Verisk Analytics in a report on Thursday, August 1st. UBS Group lifted their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Deutsche Bank Aktiengesellschaft raised their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Morgan Stanley upped their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a report on Wednesday, July 31st. Finally, BMO Capital Markets lowered their price target on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Six analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $276.69.

Verisk Analytics Stock Up 0.4 %

VRSK stock opened at $270.60 on Thursday. The stock’s 50 day simple moving average is $268.76 and its 200 day simple moving average is $259.04. The company has a market cap of $38.54 billion, a P/E ratio of 43.93, a price-to-earnings-growth ratio of 3.42 and a beta of 0.86. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. Verisk Analytics, Inc. has a fifty-two week low of $215.32 and a fifty-two week high of $287.13.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, July 31st. The business services provider reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company had revenue of $716.80 million for the quarter, compared to analyst estimates of $722.45 million. During the same period in the prior year, the firm earned $1.51 earnings per share. Verisk Analytics’s revenue for the quarter was up 6.2% on a year-over-year basis. On average, research analysts expect that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Sunday, September 15th were issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.58%. The ex-dividend date was Friday, September 13th. Verisk Analytics’s dividend payout ratio is currently 25.32%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the transaction, the chief financial officer now owns 15,808 shares in the company, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.40% of the stock is currently owned by insiders.

About Verisk Analytics

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.