Inspire Investing LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,358 shares of the business services provider’s stock after selling 424 shares during the quarter. Inspire Investing LLC’s holdings in Verisk Analytics were worth $3,679,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Mutual Advisors LLC increased its stake in Verisk Analytics by 17.3% in the fourth quarter. Mutual Advisors LLC now owns 1,473 shares of the business services provider’s stock valued at $410,000 after acquiring an additional 217 shares during the last quarter. SG Americas Securities LLC increased its stake in Verisk Analytics by 90.5% in the fourth quarter. SG Americas Securities LLC now owns 45,379 shares of the business services provider’s stock valued at $12,499,000 after acquiring an additional 21,554 shares during the last quarter. Albion Financial Group UT bought a new position in Verisk Analytics in the fourth quarter valued at approximately $124,000. Nisa Investment Advisors LLC increased its stake in Verisk Analytics by 2.2% in the fourth quarter. Nisa Investment Advisors LLC now owns 11,705 shares of the business services provider’s stock valued at $3,224,000 after acquiring an additional 257 shares during the last quarter. Finally, Genesis Private Wealth LLC acquired a new stake in Verisk Analytics in the fourth quarter valued at approximately $219,000. 90.00% of the stock is owned by institutional investors.
Verisk Analytics Stock Performance
Shares of VRSK opened at $279.35 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The stock has a market capitalization of $39.45 billion, a P/E ratio of 43.58, a price-to-earnings-growth ratio of 3.21 and a beta of 0.88. The firm’s fifty day simple moving average is $281.69 and its two-hundred day simple moving average is $274.91. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.58.
Verisk Analytics Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.39 per share. The ex-dividend date was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.56%. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.
Insider Buying and Selling at Verisk Analytics
In other news, Director Bruce Edward Hansen sold 1,179 shares of the company’s stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99. Following the transaction, the director now owns 13,786 shares in the company, valued at approximately $3,760,958.66. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $286,490.00. Following the transaction, the chief executive officer now owns 54,163 shares in the company, valued at $15,517,157.87. This represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,490 shares of company stock valued at $1,541,570. 0.40% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of brokerages have weighed in on VRSK. BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada restated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research report on Tuesday, January 7th. Morgan Stanley raised their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Evercore ISI reiterated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Finally, Robert W. Baird lifted their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $293.11.
Read Our Latest Stock Report on Verisk Analytics
About Verisk Analytics
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.
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