Flossbach Von Storch SE Purchases 14,238 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Flossbach Von Storch SE grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 285,545 shares of the business services provider’s stock after acquiring an additional 14,238 shares during the quarter. Flossbach Von Storch SE’s holdings in Verisk Analytics were worth $78,648,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. FMR LLC lifted its position in shares of Verisk Analytics by 6.5% during the 3rd 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 period. Franklin Resources Inc. lifted its position in shares of Verisk Analytics by 6.8% during 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. Charles Schwab Investment Management Inc. lifted its position in shares of Verisk Analytics by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock worth $214,676,000 after buying an additional 8,262 shares during the last quarter. Two Sigma Advisers LP lifted 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 worth $164,750,000 after buying an additional 195,700 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Verisk Analytics by 0.4% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 332,650 shares of the business services provider’s stock worth $91,622,000 after buying an additional 1,308 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on VRSK shares. 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 report on Thursday, December 12th. 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. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. Barclays cut Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a report on Friday, January 10th. Finally, Robert W. Baird upped their target price on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Six research 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 company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $293.11.

Insider Activity

In related news, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction 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 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 is accessible through the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the sale, the director now directly owns 13,786 shares of the company’s stock, valued at $3,760,958.66. This represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by corporate insiders.

Verisk Analytics Stock Up 0.9 %

Shares of NASDAQ:VRSK opened at $295.86 on Thursday. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $296.94. 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 business’s 50 day simple moving average is $282.27 and its two-hundred day simple moving average is $276.82. The firm has a market cap of $41.78 billion, a P/E ratio of 46.16, a PEG ratio of 3.37 and a beta of 0.89.

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given 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 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.