TFC Financial Management Inc. Lowers Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

TFC Financial Management Inc. decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 17.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 371 shares of the business services provider’s stock after selling 78 shares during the quarter. TFC Financial Management Inc.’s holdings in Verisk Analytics were worth $102,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted its stake in Verisk Analytics by 188.2% in the third quarter. Sanctuary Advisors LLC now owns 25,637 shares of the business services provider’s stock worth $7,454,000 after acquiring an additional 16,742 shares during the last quarter. Aaron Wealth Advisors LLC purchased a new stake in shares of Verisk Analytics during the 4th quarter worth approximately $212,000. Icon Wealth Advisors LLC lifted its position in shares of Verisk Analytics by 899.1% during the 3rd quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider’s stock worth $2,913,000 after buying an additional 10,726 shares during the last quarter. Point72 Hong Kong Ltd lifted its position in shares of Verisk Analytics by 479.1% during the 3rd quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock worth $4,516,000 after buying an additional 13,943 shares during the last quarter. Finally, KBC Group NV lifted its position in shares of Verisk Analytics by 15.3% during the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock worth $9,622,000 after buying an additional 4,767 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VRSK shares. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a report on Friday, January 10th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. BMO Capital Markets lifted their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Robert W. Baird lifted their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, Morgan Stanley lifted their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $293.11.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $293.06 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58. The stock has a market cap of $41.38 billion, a PE ratio of 45.72, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89. The firm’s fifty day simple moving average is $281.46 and its 200-day simple moving average is $275.92.

Verisk Analytics Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $0.39 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

Insider Transactions at Verisk Analytics

In related news, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $294.95, for a total value of $347,746.05. Following the sale, the director now directly owns 13,786 shares in the company, valued at $4,066,180.70. The trade was a 7.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the sale, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 6,669 shares of company stock valued at $1,889,316 in the last ninety days. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Company 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.