Bryn Mawr Capital Management LLC Sells 155 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Bryn Mawr Capital Management LLC trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,785 shares of the business services provider’s stock after selling 155 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Verisk Analytics were worth $1,869,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Manchester Capital Management LLC lifted its holdings in Verisk Analytics by 468.8% during the fourth 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 purchased a new position in Verisk Analytics during the fourth quarter valued at approximately $29,000. Centricity Wealth Management LLC purchased a new position in Verisk Analytics during the fourth quarter valued at approximately $28,000. Finally, Kestra Investment Management LLC purchased a new position in Verisk Analytics during the fourth quarter valued at approximately $32,000. 90.00% of the stock is currently owned by institutional investors.

Verisk Analytics Trading Down 3.9 %

Shares of VRSK opened at $288.03 on Thursday. The company’s fifty day moving average is $283.61 and its 200 day moving average is $277.94. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $300.50. The stock has a market capitalization of $40.67 billion, a PE ratio of 44.93, a P/E/G ratio of 3.37 and a beta of 0.89. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, February 26th. The business services provider reported $1.61 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.01. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company had revenue of $735.60 million for the quarter, compared to analysts’ expectations of $733.55 million. Sell-side analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics declared that its board has authorized a share buyback plan on Wednesday, February 26th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the business services provider to buy up to 2.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.

Verisk Analytics Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 0.62%. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.39. Verisk Analytics’s payout ratio is currently 24.34%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $294.95, for a total transaction of $347,746.05. Following the transaction, the director now owns 13,786 shares in the company, valued at $4,066,180.70. The trade was a 7.88 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction 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 transaction, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. This trade represents a 18.89 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock worth $1,264,818 over the last quarter. Insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Robert W. Baird lifted 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 boosted their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Barclays downgraded 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 reissued an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. Finally, 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. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $295.33.

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.