Kirtland Hills Capital Management LLC Buys 74 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Kirtland Hills Capital Management LLC boosted its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.9% during the 4th quarter, HoldingsChannel reports. The fund owned 3,952 shares of the business services provider’s stock after acquiring an additional 74 shares during the quarter. Kirtland Hills Capital Management LLC’s holdings in Verisk Analytics were worth $1,088,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Citizens Financial Group Inc. RI lifted its position in Verisk Analytics by 2.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock worth $543,000 after buying an additional 43 shares in the last quarter. Ascent Group LLC lifted its position in Verisk Analytics by 1.7% during the 3rd quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock worth $672,000 after buying an additional 43 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its position in Verisk Analytics by 5.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 897 shares of the business services provider’s stock worth $247,000 after buying an additional 43 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in Verisk Analytics by 4.8% during the 3rd quarter. Rehmann Capital Advisory Group now owns 974 shares of the business services provider’s stock worth $264,000 after buying an additional 45 shares in the last quarter. Finally, Bell Bank lifted its position in Verisk Analytics by 4.7% during the 4th quarter. Bell Bank now owns 1,005 shares of the business services provider’s stock worth $277,000 after buying an additional 45 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Insider Transactions at Verisk Analytics

In related news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction that occurred 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 transaction, the director now directly owns 13,786 shares of the company’s stock, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now directly owns 9,066 shares in the company, valued at $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Stock Up 0.9 %

Shares of VRSK opened at $299.72 on Wednesday. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $300.50. The firm’s 50 day moving average is $283.36 and its 200-day moving average is $277.87. The stock has a market capitalization of $42.32 billion, a PE ratio of 46.76, a P/E/G ratio of 3.37 and a beta of 0.89. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.39 per share. The ex-dividend date was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.52%. Verisk Analytics’s dividend payout ratio is presently 24.34%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target on the stock. in a research report on Friday, January 10th. Wells Fargo & Company raised their target price on shares of Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a research note on Friday, February 21st. BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Morgan Stanley raised their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $295.33.

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.