Union Bancaire Privee UBP SA Decreases Stock Position in Verisk Analytics, Inc. $VRSK

Union Bancaire Privee UBP SA trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 34.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,001 shares of the business services provider’s stock after selling 1,059 shares during the period. Union Bancaire Privee UBP SA’s holdings in Verisk Analytics were worth $611,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Louisbourg Investments Inc. purchased a new stake in Verisk Analytics during the 1st quarter worth about $25,000. Wayfinding Financial LLC purchased a new stake in Verisk Analytics during the 1st quarter worth about $48,000. GW&K Investment Management LLC lifted its holdings in Verisk Analytics by 186.7% during the 1st quarter. GW&K Investment Management LLC now owns 172 shares of the business services provider’s stock worth $51,000 after buying an additional 112 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in Verisk Analytics during the 1st quarter worth about $52,000. Finally, WPG Advisers LLC purchased a new stake in Verisk Analytics during the 1st quarter worth about $53,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $251.51 on Wednesday. The stock has a market capitalization of $35.14 billion, a PE ratio of 38.75, a price-to-earnings-growth ratio of 3.53 and a beta of 0.86. Verisk Analytics, Inc. has a 52-week low of $239.83 and a 52-week high of $322.92. The stock’s 50-day moving average price is $265.79 and its 200 day moving average price is $288.97. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 10.34.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, July 30th. The business services provider reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.11. The firm had revenue of $772.60 million for the quarter, compared to analysts’ expectations of $767.91 million. Verisk Analytics had a return on equity of 460.89% and a net margin of 30.67%.The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 EPS. Verisk Analytics has set its FY 2025 guidance at 6.800-7.000 EPS. As a group, equities research analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, September 15th. Verisk Analytics’s payout ratio is 27.73%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, insider Nicholas Daffan sold 5,420 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $265.00, for a total transaction of $1,436,300.00. Following the transaction, the insider owned 54,337 shares in the company, valued at approximately $14,399,305. The trade was a 9.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Kathy Card Beckles sold 326 shares of the business’s stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $300.86, for a total value of $98,080.36. Following the transaction, the insider owned 9,319 shares in the company, valued at $2,803,714.34. The trade was a 3.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 14,265 shares of company stock worth $4,002,332 over the last three months. 0.46% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on VRSK. Raymond James Financial set a $315.00 price target on Verisk Analytics and gave the stock an “outperform” rating in a report on Monday, August 4th. Wells Fargo & Company cut their target price on Verisk Analytics from $340.00 to $334.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 17th. Wolfe Research assumed coverage on Verisk Analytics in a research report on Wednesday, September 3rd. They set an “outperform” rating and a $320.00 target price on the stock. Morgan Stanley lifted their target price on Verisk Analytics from $317.00 to $319.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 31st. Finally, UBS Group cut their target price on Verisk Analytics from $320.00 to $300.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $308.09.

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.