Mercer Global Advisors Inc. ADV Increases Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mercer Global Advisors Inc. ADV lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 10.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,750 shares of the business services provider’s stock after purchasing an additional 627 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Verisk Analytics were worth $1,544,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. BlackRock Inc. raised its stake in shares of Verisk Analytics by 1.7% in the third quarter. BlackRock Inc. now owns 11,541,346 shares of the business services provider’s stock worth $2,311,386,000 after purchasing an additional 189,905 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Verisk Analytics by 1.7% in the third quarter. Geode Capital Management LLC now owns 3,071,007 shares of the business services provider’s stock worth $613,560,000 after purchasing an additional 51,690 shares during the last quarter. Flossbach Von Storch AG grew its holdings in Verisk Analytics by 1.2% during the third quarter. Flossbach Von Storch AG now owns 2,994,554 shares of the business services provider’s stock worth $599,719,000 after acquiring an additional 34,829 shares during the period. Brown Advisory Inc. grew its holdings in Verisk Analytics by 13.8% during the fourth quarter. Brown Advisory Inc. now owns 2,991,164 shares of the business services provider’s stock worth $684,171,000 after acquiring an additional 363,006 shares during the period. Finally, Credit Suisse AG grew its holdings in Verisk Analytics by 53.6% during the third quarter. Credit Suisse AG now owns 1,746,391 shares of the business services provider’s stock worth $349,749,000 after acquiring an additional 609,325 shares during the period. Hedge funds and other institutional investors own 89.29% of the company’s stock.

Several research firms recently commented on VRSK. Zacks Investment Research lowered Verisk Analytics from a “buy” rating to a “hold” rating and set a $195.00 target price on the stock. in a report on Friday, February 25th. Morgan Stanley lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $232.00 to $237.00 in a report on Wednesday, January 5th. UBS Group raised their price objective on Verisk Analytics from $197.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday. Bank of America started coverage on Verisk Analytics in a research note on Friday, March 11th. They set an “underperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Verisk Analytics in a report on Tuesday, March 29th. They issued a “buy” rating and a $255.00 price target for the company. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $220.70.

In other news, Director David B. Wright sold 4,675 shares of the stock in a transaction dated Monday, March 14th. The shares were sold at an average price of $184.46, for a total transaction of $862,350.50. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Lee Shavel sold 483 shares of the stock in a transaction dated Friday, April 1st. The stock was sold at an average price of $214.88, for a total transaction of $103,787.04. Following the sale, the chief financial officer now directly owns 40,127 shares in the company, valued at approximately $8,622,489.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,641 shares of company stock valued at $1,060,950. 2.28% of the stock is currently owned by insiders.

Shares of VRSK opened at $210.60 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.82. Verisk Analytics, Inc. has a 12-month low of $167.37 and a 12-month high of $231.57. The firm has a 50-day moving average price of $201.25 and a 200 day moving average price of $208.96. The firm has a market capitalization of $33.43 billion, a P/E ratio of 51.62, a P/E/G ratio of 3.56 and a beta of 0.88.

Verisk Analytics (NASDAQ:VRSKGet Rating) last announced its quarterly earnings data on Tuesday, February 22nd. The business services provider reported $1.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.39 by $0.08. Verisk Analytics had a net margin of 22.22% and a return on equity of 31.34%. The firm had revenue of $766.00 million during the quarter, compared to analyst estimates of $769.51 million. During the same quarter in the prior year, the firm posted $1.27 earnings per share. Verisk Analytics’s quarterly revenue was up 7.4% on a year-over-year basis. Equities research analysts predict that Verisk Analytics, Inc. will post 5.86 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Tuesday, March 15th were paid a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Monday, March 14th. This is a positive change from Verisk Analytics’s previous quarterly dividend of $0.29. Verisk Analytics’s dividend payout ratio (DPR) is 30.39%.

Verisk Analytics Company Profile (Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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