Evermay Wealth Management LLC Sells 65 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Evermay Wealth Management LLC cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 930 shares of the business services provider’s stock after selling 65 shares during the period. Evermay Wealth Management LLC’s holdings in Verisk Analytics were worth $256,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sugarloaf Wealth Management LLC purchased a new stake in Verisk Analytics in the 4th quarter worth approximately $28,000. Ashton Thomas Securities LLC purchased a new stake in Verisk Analytics in the third quarter valued at approximately $34,000. Carolina Wealth Advisors LLC bought a new stake in Verisk Analytics during the third quarter valued at approximately $50,000. Crews Bank & Trust purchased a new position in Verisk Analytics in the 4th quarter worth approximately $55,000. Finally, Catalyst Capital Advisors LLC increased its holdings in shares of Verisk Analytics by 101.5% in 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 during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

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 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 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 company’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total value of $321,642.99. Following the completion of the sale, the director now owns 13,786 shares of the company’s stock, valued at approximately $3,760,958.66. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,490 shares of company stock valued at $1,541,570. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Trading Down 0.2 %

NASDAQ VRSK opened at $287.44 on Friday. The stock’s fifty day moving average price is $281.51 and its 200-day moving average price is $275.27. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The stock has a market cap of $40.59 billion, a P/E ratio of 44.84, a P/E/G ratio of 3.24 and a beta of 0.88. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.58.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The business had revenue of $725.30 million during the quarter, compared to analyst estimates of $722.19 million. During the same period last year, the business earned $1.52 EPS. Verisk Analytics’s revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VRSK. Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research report on Tuesday, January 7th. Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a research note on Friday, January 10th. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Morgan Stanley lifted their target price 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. Finally, BMO Capital Markets increased their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Six 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 stock presently has an average rating of “Hold” and an average target price of $293.11.

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.