Hollow Brook Wealth Management LLC Sells 4,428 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Hollow Brook Wealth Management LLC lessened its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 25.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,925 shares of the business services provider’s stock after selling 4,428 shares during the quarter. Verisk Analytics makes up about 1.0% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its 29th biggest position. Hollow Brook Wealth Management LLC’s holdings in Verisk Analytics were worth $3,463,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. raised its stake in shares of Verisk Analytics by 29.5% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 1,623 shares of the business services provider’s stock worth $383,000 after purchasing an additional 370 shares in the last quarter. Tidal Investments LLC raised its position in shares of Verisk Analytics by 164.0% in the first quarter. Tidal Investments LLC now owns 6,193 shares of the business services provider’s stock valued at $1,459,000 after purchasing an additional 3,847 shares during the period. Cetera Investment Advisers boosted its stake in shares of Verisk Analytics by 166.1% in the first quarter. Cetera Investment Advisers now owns 54,515 shares of the business services provider’s stock valued at $12,851,000 after buying an additional 34,032 shares during the period. Cetera Advisors LLC grew its position in Verisk Analytics by 353.0% during the first quarter. Cetera Advisors LLC now owns 13,200 shares of the business services provider’s stock worth $3,112,000 after buying an additional 10,286 shares in the last quarter. Finally, EverSource Wealth Advisors LLC raised its holdings in Verisk Analytics by 19.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock valued at $57,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. 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 report on Thursday, October 31st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Evercore ISI reaffirmed an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Royal Bank of Canada lifted their price target on Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Finally, 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 report on Friday, November 1st. Six research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $285.80.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $294.21 on Monday. The firm has a fifty day simple moving average of $275.42 and a 200 day simple moving average of $270.24. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.58. 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 company has a market capitalization of $41.55 billion, a PE ratio of 45.90, a P/E/G ratio of 3.69 and a beta of 0.86.

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

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Insider Buying and Selling

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the completion of the sale, the chief executive officer now owns 53,163 shares in the company, valued at approximately $14,923,385.73. This trade represents a 1.85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the transaction, the chief financial officer now directly owns 15,608 shares in the company, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,400 shares of company stock valued at $678,764. 0.40% of the stock is owned by company insiders.

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.