Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Bought by Allworth Financial LP

Allworth Financial LP grew its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,619 shares of the business services provider’s stock after purchasing an additional 104 shares during the period. Allworth Financial LP’s holdings in Verisk Analytics were worth $452,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC boosted 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 worth $7,454,000 after acquiring an additional 16,742 shares during the last quarter. Aaron Wealth Advisors LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter worth approximately $212,000. Icon Wealth Advisors LLC boosted its position in shares of Verisk Analytics by 899.1% in 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 during the last quarter. Point72 Hong Kong Ltd boosted its position in shares of Verisk Analytics by 479.1% in the third quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock worth $4,516,000 after acquiring an additional 13,943 shares during the last quarter. Finally, KBC Group NV boosted its position in shares of Verisk Analytics by 15.3% in the third quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock worth $9,622,000 after acquiring an additional 4,767 shares during the last quarter. 90.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently 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 target price on the stock. in a research report on Friday, January 10th. BMO Capital Markets raised 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 raised their target price 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. Royal Bank of Canada restated an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Finally, Morgan Stanley raised their price target 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. Six investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $293.11.

Verisk Analytics Trading Down 1.1 %

VRSK opened at $292.70 on Friday. The firm has a market capitalization of $41.33 billion, a P/E ratio of 45.66, a P/E/G ratio of 3.37 and a beta of 0.89. The firm’s 50 day moving average is $282.42 and its 200-day moving average is $276.93. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $296.94. 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 Announces Dividend

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

Insider Activity

In other news, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction that occurred 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 owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’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 transaction of $347,746.05. Following the sale, the director now directly owns 13,786 shares of the company’s stock, valued at $4,066,180.70. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock worth $1,264,818 over the last 90 days. 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.