Blue Trust Inc. Has $176,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Blue Trust Inc. reduced its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 68.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 641 shares of the business services provider’s stock after selling 1,365 shares during the period. Blue Trust Inc.’s holdings in Verisk Analytics were worth $176,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sanctuary Advisors LLC raised its position in shares of Verisk Analytics by 188.2% in the third quarter. Sanctuary Advisors LLC now owns 25,637 shares of the business services provider’s stock valued at $7,454,000 after buying an additional 16,742 shares in the last quarter. Aaron Wealth Advisors LLC bought a new stake in shares of Verisk Analytics during the fourth quarter worth $212,000. Icon Wealth Advisors LLC grew its stake in shares of 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 buying an additional 10,726 shares during 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 worth $4,516,000 after purchasing an additional 13,943 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Verisk Analytics by 15.3% during the third quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock worth $9,622,000 after purchasing an additional 4,767 shares during the period. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Stock Performance

Shares of VRSK stock opened at $292.70 on Friday. The stock has a market capitalization of $41.33 billion, a P/E ratio of 45.66, a PEG ratio of 3.37 and a beta of 0.89. 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 firm’s 50 day moving average is $282.42 and its 200 day moving average is $276.93. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.94.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s payout ratio is currently 24.34%.

Insider Activity at Verisk Analytics

In other news, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction on Friday, January 17th. The shares were sold at an average price of $282.06, for a total value of $595,428.66. Following the transaction, the insider now owns 9,066 shares of the company’s stock, valued at $2,557,155.96. This represents a 18.89 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction on 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 directly owns 13,786 shares in the company, valued at approximately $3,760,958.66. This represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on VRSK shares. Royal Bank of Canada reiterated an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Morgan Stanley upped their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. 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. Robert W. Baird upped their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a research report on Friday, January 10th. Six investment 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, the stock presently has an average rating of “Hold” and a consensus target price of $293.11.

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.