Verisk Analytics, Inc. (NASDAQ:VRSK) Given Average Rating of “Hold” by Analysts

Verisk Analytics, Inc. (NASDAQ:VRSK) has received an average recommendation of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $295.33.

A number of equities research analysts have recently issued reports on the stock. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a research report on Friday, January 10th. BMO Capital Markets boosted their price objective 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. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Finally, Royal Bank of Canada restated an “outperform” rating and set a $300.00 target price on shares of Verisk Analytics in a research note on Tuesday, January 7th.

Verisk Analytics Trading Up 0.8 %

Shares of VRSK stock opened at $295.11 on Monday. Verisk Analytics has a 1 year low of $217.34 and a 1 year high of $296.94. The firm has a fifty day moving average price of $282.65 and a 200-day moving average price of $277.16. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $41.67 billion, a price-to-earnings ratio of 46.04, a PEG ratio of 3.40 and a beta of 0.89.

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 paid 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 dividend payout ratio (DPR) is 24.34%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction 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 sale, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. The trade was a 18.89 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction on Friday, February 7th. The stock was 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 owns 13,786 shares in the company, valued at approximately $4,066,180.70. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by corporate insiders.

Institutional Trading of Verisk Analytics

Hedge funds have recently bought and sold shares of the stock. Sanctuary Advisors LLC lifted its stake in Verisk Analytics by 188.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 25,637 shares of the business services provider’s stock worth $7,454,000 after purchasing an additional 16,742 shares in the last quarter. Aaron Wealth Advisors LLC purchased a new stake in shares of Verisk Analytics during the 4th quarter valued at about $212,000. Icon Wealth Advisors LLC raised its position in shares of Verisk Analytics by 899.1% during the 3rd quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider’s stock valued at $2,913,000 after buying an additional 10,726 shares in the last quarter. Point72 Hong Kong Ltd raised its position in shares of Verisk Analytics by 479.1% during the 3rd quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock valued at $4,516,000 after buying an additional 13,943 shares in the last quarter. Finally, KBC Group NV raised its position in shares of Verisk Analytics by 15.3% during the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock valued at $9,622,000 after buying an additional 4,767 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

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.