1,422 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Purchased by Matauro LLC

Matauro LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 1,422 shares of the business services provider’s stock, valued at approximately $392,000.

Several other hedge funds have also added to or reduced their stakes in VRSK. Manchester Capital Management LLC lifted its stake in Verisk Analytics by 468.8% in 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 during the last quarter. Sugarloaf Wealth Management LLC bought a new stake in shares of Verisk Analytics in the fourth quarter valued at $28,000. Roxbury Financial LLC bought a new position in shares of Verisk Analytics during the 4th quarter worth $29,000. Centricity Wealth Management LLC purchased a new stake in Verisk Analytics in the 4th quarter worth about $28,000. Finally, Kestra Investment Management LLC purchased a new stake in Verisk Analytics in the 4th quarter worth about $32,000. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Up 0.8 %

Shares of NASDAQ VRSK opened at $295.11 on Friday. 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 business has a 50-day moving average of $282.65 and a 200-day moving average of $277.16. The firm has a market capitalization of $41.67 billion, a price-to-earnings ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.94.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given 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 of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction that occurred 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 directly owns 13,786 shares in the company, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of the company’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 completion of the sale, the insider now directly owns 9,066 shares of the company’s stock, 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. In the last ninety days, insiders sold 4,469 shares of company stock valued at $1,264,818. Insiders own 0.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on VRSK shares. Barclays lowered shares of 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. Wells Fargo & Company boosted their target price on shares of Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a report on Friday. BMO Capital Markets lifted their price target on 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 reiterated an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a research note on Tuesday, January 7th. Finally, Morgan Stanley increased their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $295.33.

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.