Bradley Foster & Sargent Inc. CT Acquires New Stake in Verisk Analytics, Inc. (VRSK)

Bradley Foster & Sargent Inc. CT Acquires New Stake in Verisk Analytics, Inc. (VRSK)

Bradley Foster & Sargent Inc. CT acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 1st quarter, HoldingsChannel reports. The firm acquired 1,610 shares of the business services provider’s stock, valued at approximately $214,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Suntrust Banks Inc. lifted its holdings in shares of Verisk Analytics by 0.4% in the 4th quarter. Suntrust Banks Inc. now owns 22,973 shares of the business services provider’s stock worth $2,504,000 after purchasing an additional 86 shares in the last quarter. Tandem Investment Advisors Inc. lifted its holdings in shares of Verisk Analytics by 1.5% in the 1st quarter. Tandem Investment Advisors Inc. now owns 5,935 shares of the business services provider’s stock worth $789,000 after purchasing an additional 88 shares in the last quarter. Pitcairn Co. lifted its holdings in shares of Verisk Analytics by 4.7% in the 4th quarter. Pitcairn Co. now owns 2,039 shares of the business services provider’s stock worth $223,000 after purchasing an additional 92 shares in the last quarter. Kaizen Advisory LLC lifted its holdings in shares of Verisk Analytics by 26.2% in the 4th quarter. Kaizen Advisory LLC now owns 462 shares of the business services provider’s stock worth $50,000 after purchasing an additional 96 shares in the last quarter. Finally, Utah Retirement Systems lifted its holdings in shares of Verisk Analytics by 0.3% in the 4th quarter. Utah Retirement Systems now owns 29,920 shares of the business services provider’s stock worth $3,262,000 after purchasing an additional 100 shares in the last quarter. 92.66% of the stock is owned by institutional investors and hedge funds.

Shares of NASDAQ:VRSK opened at $140.50 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. Verisk Analytics, Inc. has a 1-year low of $102.74 and a 1-year high of $143.67. The firm has a market cap of $23.44 billion, a price-to-earnings ratio of 34.18, a P/E/G ratio of 3.20 and a beta of 0.80.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, April 30th. The business services provider reported $1.03 earnings per share for the quarter, meeting the consensus estimate of $1.03. Verisk Analytics had a return on equity of 33.36% and a net margin of 24.60%. The business had revenue of $625.00 million for the quarter, compared to analysts’ expectations of $618.14 million. During the same period last year, the business earned $0.94 EPS. The business’s revenue was up 7.5% on a year-over-year basis. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 4.42 earnings per share for the current year.

The business also recently disclosed a special dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, June 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 6.08%.

In other Verisk Analytics news, Director David B. Wright sold 11,250 shares of the firm’s stock in a transaction on Friday, February 22nd. The stock was sold at an average price of $125.27, for a total transaction of $1,409,287.50. Following the transaction, the director now directly owns 32,291 shares in the company, valued at approximately $4,045,093.57. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John F. Lehman sold 3,118 shares of the firm’s stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $126.57, for a total value of $394,645.26. Following the transaction, the director now owns 60,521 shares in the company, valued at $7,660,142.97. 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. Company insiders own 2.71% of the company’s stock.

A number of equities analysts recently issued reports on VRSK shares. UBS Group increased their target price on Verisk Analytics from $106.00 to $111.00 and gave the stock a “sell” rating in a report on Tuesday, April 9th. Barclays reiterated a “buy” rating and issued a $155.00 target price on shares of Verisk Analytics in a report on Sunday, May 5th. Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a report on Saturday, January 12th. SunTrust Banks increased their target price on Verisk Analytics to $150.00 and gave the stock a “hold” rating in a report on Thursday, May 2nd. They noted that the move was a valuation call. Finally, Deutsche Bank set a $137.00 target price on Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, six have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $130.00.

About Verisk Analytics

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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