First Horizon Advisors Inc. Purchases 59 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

First Horizon Advisors Inc. lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 910 shares of the business services provider’s stock after acquiring an additional 59 shares during the quarter. First Horizon Advisors Inc.’s holdings in Verisk Analytics were worth $251,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VRSK. Manchester Capital Management LLC raised its holdings in shares of Verisk Analytics by 468.8% in the 4th quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Sugarloaf Wealth Management LLC purchased a new position in Verisk Analytics during the fourth quarter valued at approximately $28,000. Roxbury Financial LLC bought a new position in Verisk Analytics in the fourth quarter worth approximately $29,000. Centricity Wealth Management LLC purchased a new stake in Verisk Analytics during the fourth quarter worth $28,000. Finally, Kestra Investment Management LLC bought a new stake in Verisk Analytics during the 4th quarter valued at $32,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Up 0.9 %

VRSK stock opened at $299.72 on Wednesday. The stock has a market capitalization of $42.32 billion, a PE ratio of 46.76, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $300.50. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a 50 day moving average of $283.36 and a 200 day moving average of $277.87.

Verisk Analytics Dividend Announcement

The business also recently disclosed 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 was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.52%. Verisk Analytics’s payout ratio is currently 24.34%.

Insider Activity

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now directly owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99. Following the sale, the director now owns 13,786 shares of the company’s stock, valued at approximately $3,760,958.66. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock valued at $1,264,818 over the last ninety days. 0.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

VRSK has been the subject of several recent research reports. Morgan Stanley boosted their price target on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Wells Fargo & Company boosted their target price on shares of Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, February 21st. Robert W. Baird raised their price target 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. BMO Capital Markets lifted their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Finally, Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a research report on Friday, January 10th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Verisk Analytics has an average rating of “Hold” and a consensus target price of $295.33.

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.