Roxbury Financial LLC Invests $29,000 in Verisk Analytics, Inc. (NASDAQ:VRSK)

Roxbury Financial LLC purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 100 shares of the business services provider’s stock, valued at approximately $29,000.

Several other institutional investors and hedge funds also recently modified their holdings of VRSK. FMR LLC lifted its holdings in shares of Verisk Analytics by 6.5% in the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after buying an additional 283,653 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Verisk Analytics by 6.8% in the third quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock valued at $331,476,000 after buying an additional 78,376 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Verisk Analytics by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock valued at $214,676,000 after buying an additional 8,262 shares during the period. Two Sigma Advisers LP lifted its holdings in shares of Verisk Analytics by 46.7% in the third quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after buying an additional 195,700 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of Verisk Analytics by 1.9% in the third quarter. Raymond James & Associates now owns 385,195 shares of the business services provider’s stock valued at $103,217,000 after buying an additional 7,098 shares during the period. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 0.7 %

Shares of Verisk Analytics stock opened at $293.48 on Friday. The stock has a 50-day moving average price of $281.75 and a 200 day moving average price of $276.24. The company has a market cap of $41.44 billion, a P/E ratio of 45.78, a P/E/G ratio of 3.39 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, Inc. has a 1 year low of $217.34 and a 1 year high of $296.94.

Verisk Analytics Announces Dividend

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 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Insider Buying and Selling

In other Verisk Analytics news, 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 transaction, the director now directly owns 13,786 shares of the company’s stock, valued at $3,760,958.66. This represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total value of $280,710.00. Following the completion of the transaction, the chief executive officer now directly owns 53,163 shares in the company, valued at approximately $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,469 shares of company stock valued at $1,545,528. Corporate insiders own 0.40% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on VRSK. Robert W. Baird upped their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. BMO Capital Markets upped their target price on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. Morgan Stanley upped their target price on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Finally, Barclays downgraded Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a report on Friday, January 10th. Six research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target 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.