Yousif Capital Management LLC lowered its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,358 shares of the business services provider’s stock after selling 632 shares during the quarter. Yousif Capital Management LLC’s holdings in Verisk Analytics were worth $5,056,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC grew its stake in shares of Verisk Analytics by 188.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,637 shares of the business services provider’s stock valued at $7,454,000 after purchasing an additional 16,742 shares during the period. Aaron Wealth Advisors LLC bought a new stake in Verisk Analytics in the fourth quarter valued at $212,000. Icon Wealth Advisors LLC raised its stake in Verisk Analytics by 899.1% during the third quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider’s stock worth $2,913,000 after acquiring an additional 10,726 shares in the last quarter. Point72 Hong Kong Ltd lifted its holdings in shares of Verisk Analytics by 479.1% during the third quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock valued at $4,516,000 after acquiring an additional 13,943 shares during the period. Finally, KBC Group NV boosted its stake in shares of Verisk Analytics by 15.3% in the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after purchasing an additional 4,767 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.
Insider Buying and Selling at Verisk Analytics
In related news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction dated 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 owns 15,608 shares in the company, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Lee Shavel sold 1,000 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $286,490.00. Following the completion of the transaction, the chief executive officer now directly owns 54,163 shares in the company, valued at $15,517,157.87. The trade was a 1.81 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,490 shares of company stock worth $1,541,570. Insiders own 0.40% of the company’s stock.
Verisk Analytics Price Performance
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 issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio is presently 24.34%.
Wall Street Analysts Forecast Growth
VRSK has been the subject of a number of recent analyst reports. Royal Bank of Canada reiterated an “outperform” rating and set a $300.00 target price on shares of Verisk Analytics in a research 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 research note on Friday, November 1st. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target on the stock. in a research report on Friday, January 10th. Robert W. Baird lifted their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, Morgan Stanley increased their target price on Verisk Analytics from $283.00 to $300.00 and gave the stock 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 issued a strong buy rating to the company. According to MarketBeat.com, Verisk Analytics has an average rating of “Hold” and an average price target of $293.11.
Check Out Our Latest Stock Analysis on Verisk Analytics
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.
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