348 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Purchased by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 348 shares of the business services provider’s stock, valued at approximately $95,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Centricity Wealth Management LLC bought a new position in shares of Verisk Analytics during the 4th quarter valued at approximately $28,000. Tandem Investment Advisors Inc. increased its position in Verisk Analytics by 1.8% during the fourth quarter. Tandem Investment Advisors Inc. now owns 167,046 shares of the business services provider’s stock valued at $46,010,000 after acquiring an additional 2,935 shares during the last quarter. ING Groep NV increased its position in Verisk Analytics by 35.5% during the fourth quarter. ING Groep NV now owns 66,386 shares of the business services provider’s stock valued at $18,285,000 after acquiring an additional 17,395 shares during the last quarter. Flossbach Von Storch SE raised its stake in shares of Verisk Analytics by 5.2% in the fourth quarter. Flossbach Von Storch SE now owns 285,545 shares of the business services provider’s stock valued at $78,648,000 after acquiring an additional 14,238 shares during the period. Finally, Handelsbanken Fonder AB lifted its holdings in shares of Verisk Analytics by 7.2% in the 4th quarter. Handelsbanken Fonder AB now owns 86,855 shares of the business services provider’s stock worth $23,922,000 after acquiring an additional 5,822 shares during the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Trading Up 0.8 %

Shares of NASDAQ VRSK opened at $295.11 on Friday. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.94. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The business has a fifty day simple moving average of $282.65 and a two-hundred day simple moving average of $277.16. The firm has a market cap of $41.67 billion, a PE ratio of 46.04, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89.

Verisk Analytics Dividend Announcement

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

Analyst Upgrades and Downgrades

VRSK has been the topic of several analyst reports. Barclays downgraded 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 report on Friday, January 10th. Wells Fargo & Company upped their target price on Verisk Analytics from $313.00 to $325.00 and gave the company an “overweight” rating in a research note on Friday. BMO Capital Markets raised their price target 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. Morgan Stanley upped their price objective on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research report on Thursday, December 12th. Finally, Robert W. Baird increased their target price 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 research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $295.33.

Insiders Place Their Bets

In related news, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 9,066 shares of the company’s stock, valued at $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the 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 in the company, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,469 shares of company stock worth $1,264,818 in the last three months. Corporate insiders own 0.40% 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.