According to the most recent filing that the company made with the Securities and Exchange Commission, Kornitzer Capital Management Inc. (KS) decreased the percentage of ownership in Verisk Analytics, Inc. (NASDAQ: VRSK) that it had during the third quarter by 3.4%. This information was included in the filing. The fund had a total holding of 119,033 shares of the company’s stock before the most recent sale of 4,134 shares, which took place during that quarter. Kornitzer Capital Management Inc. (KS), according to the most recent disclosure made to the SEC, owns 0.08% of Verisk Analytics for a total value of $20,299,000.
Several additional significant investors have also changed the proportion of the company’s shares they own. Jones Financial Companies LLLP acquired an additional 14.8% of the total shares of Verisk Analytics over the second quarter. After making an additional purchase of 100 shares during the most recent quarter, Jones Financial Companies Lllp is now the owner of 171 shares, with a market capitalization of $30,000. This brings Jones Financial Companies Lllp’s total share count to 171. During the second quarter, Salem Investment Counselors, Inc. purchased a new Verisk Analytics position valued at approximately $30,000, according to estimates. A new investment in Verisk Analytics was purchased by Private Trust Co., NA, during the second quarter for approximately $33,000 in total expenditures. International Assets Investment Management LLC increased its holdings in Verisk Analytics during the third quarter by purchasing additional company shares. This new stake was estimated to be worth approximately $44,000 in total. Last but certainly not least, during the second quarter, Lindbrook Capital LLC increased the amount of Verisk Analytics stock owned by 257.1%. This is not to say that this is the most important thing during this time. Following the completion of the period, Lindbrook Capital LLC acquired an additional 198 shares of the company’s stock, bringing the total number of shares held by the company to 275. The total value of the stock holdings held by Lindbrook Capital LLC is currently $48,000. Institutional investors and hedge funds collectively hold 89.89% of the company’s common stock, making up the vast majority of the company’s ownership.
The number of research companies interested in VRSK has recently seen a significant uptick. In a research note published on Friday, December 2, Barclays increased their price target on Verisk Analytics from $200 to $220 and gave the company an “overweight” rating. In a research note published on January 11 by Redburn Partners, the company stated that it would start covering shares of Verisk Analytics. They suggested that customers “sell” the company to the company. Morgan Stanley raised their price objective for Verisk Analytics in a research note published on January 4. The new price objective is $181.00, an increase from the previous price objective of $170.00. In addition to that, they ranked the stock as “equal weight,” which is a neutral rating. In a research report published on November 7, Raymond James lowered the “outperform” rating they had previously assigned to Verisk Analytics shares. He cut the price target they had previously assigned to the stock from $215.00 to $185.00.
Last but not least, in a research note published on November 3, BMO Capital Markets lowered their rating on Verisk Analytics shares to “market perform” and lowered their target price for the stock from $184.00 to $173.00. They also decreased their target price for the stock from $173.00 to $134.00. Seven market analysts have suggested buying the stock, four have suggested keeping it in one’s portfolio, and two have suggested selling it. According to data from Bloomberg, the current rating for Verisk Analytics is “Hold,” and the price at which it is anticipated to reach a consensus is $196.36. Both of these figures can be found in the preceding sentence.
According to a separate piece of press, director David B. Wright sold 4,000 shares of the company’s stock on Wednesday, November 30. This information was obtained from another publication. The transaction involved the sale of the shares at an average price of $182.88 per share, which resulted in a total sale volume of $731,520.00. The director now personally owns 9,710 shares of the company as a direct result of the transaction, and the total value of those shares comes to $1,775,764.80. This page contains the filing containing the information about the transaction provided to the Securities and Exchange Commission (SEC). You can access the filing by clicking here. The current percentage of the company’s stock held by company insiders is 1.78%.
The price of NASDAQ VRSK rose to a high of $179.73 on Friday, an increase of $1.42 from the previous trading day’s closing price. The company’s trade volume was significantly lower than its typical level of 690,837 shares, coming in at just 7,461 shares. The moving average of the company’s stock price over the past 200 days is $181.32, and the moving average over the last 50 days is $179.25. While the current ratio, the quick ratio, and the debt-to-equity ratio all come in at 0.46, the debt-to-equity ratio currently stands at 1.17. Verisk Analytics, Inc.’s low point over the past 52 weeks is $156.05, while the company’s high point over the past 52 weeks is $222.11. The company has a market capitalization of $28.11 billion, a price-to-earnings ratio of 27.69, a price-to-earnings-growth ratio of 2.95, and a beta value of 0.82. All of these metrics indicate that the company is relatively stable.
Verisk Analytics (NASDAQ: VRSK) disclosed its most recent earnings report on November 1, a Tuesday. The most recent quarterly report from the company showed that it had earnings per share (EPS) of $1.46, which was in line with the prediction that the majority of investors had made. The return on equity for Verisk Analytics was calculated to be 37.62 percent, and the net margin for the company was 34.12 percent. The company’s sales for the quarter came in at $745.30 million, which is significantly lower than the consensus expectation of $757.80 million that had been projected for the company’s sales. The company posted earnings of $1.44 per share during the same period the year before when compared to the current year. According to forecasts provided by analysts in the relevant industry, Verisk Analytics, Inc.’s current financial year should bring in a profit of 5.51 dollars per share for the company.
In addition, the company announced the payment of a quarterly dividend, which was disbursed the next day, on December 30. On December 15, shareholders of record were each given a dividend payment that totaled $0.31. This payment was made available to them. This results in a dividend payment of $1.24 per share, which, when annualized, results in a dividend yield of 0.69% for the company. The dividend payment was made on Wednesday, December 14, the month of December, and the day of the week. The current dividend payout ratio (DPR) for Verisk Analytics is 19.25%. This number has not changed recently.
