Mitsubishi UFJ Trust & Banking Corp Has $23.38 Million Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mitsubishi UFJ Trust & Banking Corp raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 99,236 shares of the business services provider’s stock after acquiring an additional 505 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.07% of Verisk Analytics worth $23,376,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VRSK. Tocqueville Asset Management L.P. lifted its stake in shares of Verisk Analytics by 2.7% in the 1st quarter. Tocqueville Asset Management L.P. now owns 10,600 shares of the business services provider’s stock valued at $2,499,000 after purchasing an additional 283 shares during the last quarter. Twin Tree Management LP bought a new position in Verisk Analytics during the first quarter valued at about $2,340,000. Trillium Asset Management LLC lifted its position in shares of Verisk Analytics by 0.6% in the first quarter. Trillium Asset Management LLC now owns 103,632 shares of the business services provider’s stock worth $24,430,000 after buying an additional 654 shares during the last quarter. Blair William & Co. IL boosted its stake in shares of Verisk Analytics by 1.6% during the 1st quarter. Blair William & Co. IL now owns 407,648 shares of the business services provider’s stock worth $96,095,000 after acquiring an additional 6,523 shares in the last quarter. Finally, TBH Global Asset Management LLC increased its holdings in shares of Verisk Analytics by 11.7% during the 1st quarter. TBH Global Asset Management LLC now owns 8,921 shares of the business services provider’s stock valued at $2,103,000 after acquiring an additional 931 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on VRSK shares. UBS Group increased their price target on Verisk Analytics from $255.00 to $285.00 and gave the company a “neutral” rating in a report on Tuesday, July 9th. BMO Capital Markets raised their target price on shares of Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a research note on Thursday, May 2nd. Finally, Evercore ISI lifted their target price on shares of Verisk Analytics from $250.00 to $260.00 and gave the stock an “in-line” rating in a report on Tuesday, June 25th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $258.54.

Insider Transactions at Verisk Analytics

In related news, insider Nicholas Daffan sold 1,511 shares of the stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $248.88, for a total value of $376,057.68. Following the completion of the transaction, the insider now owns 52,500 shares of the company’s stock, valued at $13,066,200. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Nicholas Daffan sold 1,511 shares of the business’s stock in a transaction on Monday, May 13th. The stock was sold at an average price of $248.88, for a total value of $376,057.68. Following the sale, the insider now owns 52,500 shares of the company’s stock, valued at approximately $13,066,200. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $277.38, for a total value of $55,476.00. Following the completion of the sale, the chief financial officer now owns 16,408 shares in the company, valued at $4,551,251.04. The disclosure for this sale can be found here. In the last three months, insiders sold 2,237 shares of company stock valued at $572,739. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Performance

VRSK traded down $4.09 on Friday, hitting $276.83. 1,382,939 shares of the stock traded hands, compared to its average volume of 718,387. The business has a fifty day moving average price of $264.03 and a two-hundred day moving average price of $246.19. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 9.94. The firm has a market capitalization of $39.50 billion, a PE ratio of 51.65, a P/E/G ratio of 3.44 and a beta of 0.84. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $282.21.

Verisk Analytics (NASDAQ:VRSK) last announced 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. The company had revenue of $704.00 million for the quarter, compared to analyst estimates of $699.07 million. Verisk Analytics had a return on equity of 268.19% and a net margin of 28.45%. Verisk Analytics’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.29 EPS. On average, research analysts predict that Verisk Analytics, Inc. will post 6.55 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Saturday, June 15th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date was Friday, June 14th. Verisk Analytics’s dividend payout ratio is 29.10%.

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.