Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Acquired by Summit Trail Advisors LLC

Summit Trail Advisors LLC lifted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 18.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,071 shares of the business services provider’s stock after purchasing an additional 170 shares during the quarter. Summit Trail Advisors LLC’s holdings in Verisk Analytics were worth $295,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Sugarloaf Wealth Management LLC purchased a new stake in Verisk Analytics in the fourth quarter valued at about $28,000. Ashton Thomas Securities LLC acquired a new position in shares of Verisk Analytics during the third quarter valued at about $34,000. Carolina Wealth Advisors LLC purchased a new position in shares of Verisk Analytics in the 3rd quarter valued at approximately $50,000. Crews Bank & Trust acquired a new stake in Verisk Analytics in the 4th quarter worth approximately $55,000. Finally, Catalyst Capital Advisors LLC boosted its stake in Verisk Analytics by 101.5% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock worth $74,000 after purchasing an additional 139 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Down 0.4 %

Verisk Analytics stock opened at $293.06 on Thursday. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $296.58. The firm has a market cap of $41.38 billion, a price-to-earnings ratio of 45.72, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89. The business’s 50-day moving average price is $281.46 and its 200 day moving average price is $275.92. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Analysts Set New Price Targets

A number of research analysts have issued reports on VRSK shares. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a report on Friday, January 10th. BMO Capital Markets lifted their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada reiterated an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research note on Tuesday, January 7th. Robert W. Baird raised their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Finally, Morgan Stanley upped their target price on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $293.11.

Insider Activity at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the business’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 $4,471,535.92. The trade was a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Bruce Edward Hansen sold 1,179 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the transaction, the director now directly owns 13,786 shares of the company’s stock, valued at approximately $4,066,180.70. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 6,669 shares of company stock worth $1,889,316 in the last three months. Company insiders own 0.40% of the company’s stock.

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.