Trust Point Inc. Acquires New Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Trust Point Inc. acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 1,601 shares of the business services provider’s stock, valued at approximately $441,000.

Several other institutional investors and hedge funds have also modified their holdings of VRSK. Marshall Financial Group LLC boosted its stake in shares of Verisk Analytics by 0.8% during the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after purchasing an additional 38 shares in the last quarter. Signaturefd LLC boosted its stake in shares of Verisk Analytics by 1.5% during the third quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after purchasing an additional 38 shares in the last quarter. Gateway Investment Advisers LLC boosted its stake in shares of Verisk Analytics by 0.8% during the third quarter. Gateway Investment Advisers LLC now owns 5,109 shares of the business services provider’s stock valued at $1,369,000 after purchasing an additional 43 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in shares of Verisk Analytics by 2.2% during the third quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock valued at $543,000 after purchasing an additional 43 shares in the last quarter. Finally, Ascent Group LLC boosted its stake in shares of Verisk Analytics by 1.7% during the third quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 43 shares in the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. 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 note on Friday, January 10th. 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. Morgan Stanley lifted 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. BMO Capital Markets lifted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research note on Friday, November 1st. Finally, Robert W. Baird lifted their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Six equities 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $293.11.

Insiders Place Their Bets

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at approximately $4,471,535.92. The trade was a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 value 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. The trade was a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,490 shares of company stock worth $1,541,570. 0.40% of the stock is owned by corporate insiders.

Verisk Analytics Trading Up 0.8 %

Shares of VRSK stock opened at $291.64 on Thursday. The company has a market cap of $41.18 billion, a P/E ratio of 45.50, a PEG ratio of 3.30 and a beta of 0.89. The stock has a 50 day simple moving average of $281.39 and a two-hundred day simple moving average of $275.36. 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, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58.

Verisk Analytics Announces Dividend

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

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.