One Wealth Advisors LLC Lowers Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

One Wealth Advisors LLC lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 31.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,950 shares of the business services provider’s stock after selling 884 shares during the quarter. One Wealth Advisors LLC’s holdings in Verisk Analytics were worth $537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC purchased a new position in shares of Verisk Analytics during the fourth quarter worth approximately $28,000. Ashton Thomas Securities LLC purchased a new position in Verisk Analytics during the 3rd quarter worth $34,000. Carolina Wealth Advisors LLC bought a new stake in Verisk Analytics during the 3rd quarter valued at $50,000. Crews Bank & Trust purchased a new stake in shares of Verisk Analytics in the 4th quarter worth $55,000. Finally, Catalyst Capital Advisors LLC grew its position in shares of Verisk Analytics by 101.5% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock worth $74,000 after buying an additional 139 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on VRSK. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a research note on Tuesday, January 7th. Robert W. Baird lifted their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. BMO Capital Markets upped their target price on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Barclays downgraded Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target on the stock. in a report on Friday, January 10th. Finally, Morgan Stanley upped their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Six investment 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $293.11.

Insider Buying and Selling at Verisk Analytics

In related news, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $286,490.00. Following the transaction, the chief executive officer now directly owns 54,163 shares of the company’s stock, valued at $15,517,157.87. This represents a 1.81 % decrease in their position. The transaction 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 firm’s stock in a transaction on Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the completion of the transaction, the insider now 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 quarter, insiders have sold 5,490 shares of company stock worth $1,541,570. 0.40% of the stock is owned by corporate insiders.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $287.44 on Monday. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $40.59 billion, a PE ratio of 44.84, a P/E/G ratio of 3.30 and a beta of 0.89. The business has a 50-day simple moving average of $281.51 and a two-hundred day simple moving average of $275.20.

Verisk Analytics Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 0.54%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio is presently 24.34%.

About Verisk Analytics

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.