Telemus Capital LLC Has $377,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Telemus Capital LLC lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 86.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,578 shares of the business services provider’s stock after buying an additional 731 shares during the quarter. Telemus Capital LLC’s holdings in Verisk Analytics were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of VRSK. Ronald Blue Trust Inc. lifted its stake in shares of Verisk Analytics by 117.1% in the third quarter. Ronald Blue Trust Inc. now owns 267 shares of the business services provider’s stock worth $61,000 after buying an additional 144 shares during the last quarter. HB Wealth Management LLC increased its position in Verisk Analytics by 16.8% during the third quarter. HB Wealth Management LLC now owns 2,104 shares of the business services provider’s stock worth $497,000 after acquiring an additional 302 shares during the period. Park Place Capital Corp increased its position in Verisk Analytics by 10.8% during the third quarter. Park Place Capital Corp now owns 1,607 shares of the business services provider’s stock worth $380,000 after acquiring an additional 157 shares during the period. Integrated Investment Consultants LLC bought a new position in Verisk Analytics during the third quarter worth $203,000. Finally, Exchange Traded Concepts LLC increased its position in Verisk Analytics by 20.5% during the third quarter. Exchange Traded Concepts LLC now owns 4,654 shares of the business services provider’s stock worth $1,099,000 after acquiring an additional 791 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Nicholas Daffan sold 1,507 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $249.25, for a total transaction of $375,619.75. Following the transaction, the insider now owns 50,208 shares in the company, valued at approximately $12,514,344. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Kathy Card Beckles sold 227 shares of the company’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $237.61, for a total value of $53,937.47. Following the completion of the sale, the insider now directly owns 7,796 shares of the company’s stock, valued at approximately $1,852,407.56. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Nicholas Daffan sold 1,507 shares of the company’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $249.25, for a total value of $375,619.75. Following the completion of the sale, the insider now directly owns 50,208 shares of the company’s stock, valued at $12,514,344. The disclosure for this sale can be found here. Insiders have sold a total of 11,300 shares of company stock worth $2,647,952 in the last 90 days. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Up 0.3 %

VRSK opened at $223.17 on Tuesday. The firm’s 50-day simple moving average is $234.74 and its 200-day simple moving average is $237.05. The company has a debt-to-equity ratio of 8.85, a quick ratio of 1.05 and a current ratio of 1.05. Verisk Analytics, Inc. has a twelve month low of $187.86 and a twelve month high of $251.98. The firm has a market cap of $31.86 billion, a price-to-earnings ratio of 53.01, a PEG ratio of 2.77 and a beta of 0.78.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, February 21st. The business services provider reported $1.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.44 by ($0.04). The company had revenue of $677.20 million for the quarter, compared to analyst estimates of $673.56 million. Verisk Analytics had a return on equity of 305.15% and a net margin of 22.92%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter last year, the company earned $1.43 EPS. Equities research analysts anticipate that Verisk Analytics, Inc. will post 6.48 EPS for the current fiscal year.

Verisk Analytics announced that its board has initiated a share repurchase program on Wednesday, February 21st that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the business services provider to repurchase up to 2.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Verisk Analytics Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 15th were given a dividend of $0.39 per share. This is an increase from Verisk Analytics’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $1.56 annualized dividend and a yield of 0.70%. Verisk Analytics’s dividend payout ratio is 37.05%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on VRSK shares. Evercore ISI reaffirmed an “in-line” rating and set a $250.00 target price on shares of Verisk Analytics in a research report on Tuesday, March 26th. Bank of America lowered shares of Verisk Analytics from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $270.00 to $260.00 in a research report on Monday, January 8th. Nine equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $252.00.

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.