LWM Advisory Services LLC Has $425,000 Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

LWM Advisory Services LLC reduced its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,543 shares of the business services provider’s stock after selling 69 shares during the quarter. LWM Advisory Services LLC’s holdings in Verisk Analytics were worth $425,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in VRSK. FMR LLC grew its holdings in shares of Verisk Analytics by 6.5% during the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock worth $1,237,700,000 after purchasing an additional 283,653 shares during the last quarter. Mizuho Securities USA LLC boosted its holdings in Verisk Analytics by 2,380.6% in the third quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock valued at $73,144,000 after acquiring an additional 261,961 shares during the last quarter. Empower Advisory Group LLC boosted its holdings in Verisk Analytics by 29,469.0% in the fourth quarter. Empower Advisory Group LLC now owns 233,004 shares of the business services provider’s stock valued at $64,176,000 after acquiring an additional 232,216 shares during the last quarter. Two Sigma Advisers LP boosted its holdings in Verisk Analytics by 46.7% in the third quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after acquiring an additional 195,700 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings in Verisk Analytics by 158.2% in the third quarter. Worldquant Millennium Advisors LLC now owns 184,806 shares of the business services provider’s stock valued at $49,521,000 after acquiring an additional 113,230 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley raised their target price on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Barclays lowered 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. Robert W. Baird raised their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Wells Fargo & Company raised their price target on Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a research report on Friday. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $295.33.

Insiders Place Their Bets

In other news, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $294.95, for a total value of $347,746.05. Following the completion of the sale, the director now owns 13,786 shares of the company’s stock, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock valued at $1,264,818 in the last 90 days. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Stock Up 0.8 %

Shares of Verisk Analytics stock opened at $295.11 on Friday. The business’s 50 day simple moving average is $282.65 and its 200 day simple moving average is $277.27. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $296.94. The firm has a market cap of $41.67 billion, a PE ratio of 46.04, a P/E/G ratio of 3.37 and a beta of 0.89. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82.

Verisk Analytics Dividend Announcement

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

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.