Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Park Place Capital Corp

Park Place Capital Corp lessened its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 642 shares of the business services provider’s stock after selling 79 shares during the quarter. Park Place Capital Corp’s holdings in Verisk Analytics were worth $177,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC increased its holdings in Verisk Analytics by 6.5% in the 3rd quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after purchasing an additional 283,653 shares in the last quarter. Mizuho Securities USA LLC grew its stake in shares of Verisk Analytics by 2,380.6% in the third quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock valued at $73,144,000 after buying an additional 261,961 shares in the last quarter. Two Sigma Advisers LP raised its holdings in shares of Verisk Analytics by 46.7% during the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after buying an additional 195,700 shares during the period. Worldquant Millennium Advisors LLC lifted its position in Verisk Analytics by 158.2% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 184,806 shares of the business services provider’s stock worth $49,521,000 after acquiring an additional 113,230 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Verisk Analytics by 7.4% in the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock worth $436,204,000 after acquiring an additional 111,364 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the sale, the insider now directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at approximately $4,471,535.92. This trade represents a 1.27 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,490 shares of company stock valued at $1,541,570. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on VRSK shares. 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 research report on Friday, November 1st. Evercore ISI reiterated an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a research report on Tuesday, January 7th. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a research report on Friday, January 10th. Finally, Robert W. Baird increased their price target on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $293.11.

Verisk Analytics Stock Down 0.3 %

NASDAQ:VRSK opened at $279.35 on Thursday. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $39.45 billion, a price-to-earnings ratio of 43.58, a price-to-earnings-growth ratio of 3.21 and a beta of 0.88. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $296.58. The stock has a 50-day simple moving average of $281.91 and a 200 day simple moving average of $274.88.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The company had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same quarter last year, the business posted $1.52 EPS. Verisk Analytics’s quarterly revenue was up 7.0% compared to the same quarter last year. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders 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 annualized dividend and a yield of 0.56%. Verisk Analytics’s payout ratio is 24.34%.

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.