Verisk Analytics, Inc. (NASDAQ:VRSK) is Mountain Pacific Investment Advisers LLC’s 8th Largest Position

Mountain Pacific Investment Advisers LLC reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 171,541 shares of the business services provider’s stock after selling 1,634 shares during the quarter. Verisk Analytics comprises 3.3% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 8th largest position. Mountain Pacific Investment Advisers LLC owned approximately 0.12% of Verisk Analytics worth $47,248,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VRSK. Marshall Financial Group LLC raised its stake in Verisk Analytics by 0.8% in the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock worth $1,322,000 after buying an additional 38 shares in the last quarter. Signaturefd LLC raised its position in shares of Verisk Analytics by 1.5% in the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock worth $693,000 after acquiring an additional 38 shares in the last quarter. Ascent Group LLC raised its position in shares of Verisk Analytics by 1.8% in the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock worth $664,000 after acquiring an additional 43 shares in the last quarter. Gateway Investment Advisers LLC lifted its stake in shares of Verisk Analytics by 0.8% in the 3rd quarter. Gateway Investment Advisers LLC now owns 5,109 shares of the business services provider’s stock valued at $1,369,000 after purchasing an additional 43 shares during the period. Finally, Citizens Financial Group Inc. RI boosted its position in shares of Verisk Analytics by 2.2% during the third quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock valued at $543,000 after purchasing an additional 43 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $57,298.00. Following the completion of the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at $4,471,535.92. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total transaction of $321,642.99. Following the completion of the transaction, the director now 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 sold 3,379 shares of company stock valued at $946,141 over the last three months. Insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

VRSK has been the subject of several recent research reports. Barclays lowered 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. Morgan Stanley boosted their price objective 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. Evercore ISI reaffirmed an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. BMO Capital Markets boosted their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a research report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $293.11.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $278.55 on Tuesday. The company has a 50 day moving average of $282.19 and a 200 day moving average of $274.80. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.58. The firm has a market cap of $39.33 billion, a P/E ratio of 43.46, a PEG ratio of 3.19 and a beta of 0.88.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The firm had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same period in the prior year, the company posted $1.52 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.39 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.56%. Verisk Analytics’s dividend payout ratio is presently 24.34%.

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.