Tranquility Partners LLC Sells 79 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Tranquility Partners LLC decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,191 shares of the business services provider’s stock after selling 79 shares during the period. Tranquility Partners LLC’s holdings in Verisk Analytics were worth $879,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. FMR LLC increased its position 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 valued at $1,237,700,000 after acquiring an additional 283,653 shares during the last quarter. Mizuho Securities USA LLC increased its position in shares of Verisk Analytics by 2,380.6% during the 3rd quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock valued at $73,144,000 after purchasing an additional 261,961 shares during the last quarter. Two Sigma Advisers LP increased its position in shares of Verisk Analytics by 46.7% during the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after purchasing an additional 195,700 shares during the last quarter. Worldquant Millennium Advisors LLC raised its stake in shares of Verisk Analytics by 158.2% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 184,806 shares of the business services provider’s stock worth $49,521,000 after purchasing an additional 113,230 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in shares of Verisk Analytics by 6.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock worth $331,476,000 after buying an additional 78,376 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Buying and Selling

In related news, insider Kathy Card Beckles sold 2,111 shares of the company’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 value of $595,428.66. Following the transaction, the insider now directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s 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 completion of the sale, the director now directly owns 13,786 shares in the company, valued at $4,066,180.70. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,669 shares of company stock valued at $1,889,316. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Trading Down 0.4 %

Shares of VRSK opened at $293.06 on Thursday. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.58. The stock has a market cap of $41.38 billion, a PE ratio of 45.72, a P/E/G ratio of 3.39 and a beta of 0.89. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The business’s 50-day moving average price is $281.46 and its 200-day moving average price is $275.92.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.39 per share. 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 (DPR) is presently 24.34%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Robert W. Baird raised their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Morgan Stanley raised their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a research note on Tuesday, January 7th. Barclays downgraded Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a research report on Friday, January 10th. Finally, BMO Capital Markets boosted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target 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.