Verisk Analytics, Inc. (NASDAQ:VRSK) Position Reduced by C WorldWide Group Holding A S

C WorldWide Group Holding A S trimmed its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 75.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,820 shares of the business services provider’s stock after selling 158,285 shares during the quarter. C WorldWide Group Holding A S’s holdings in Verisk Analytics were worth $13,997,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA bought a new position in Verisk Analytics during the 4th quarter valued at $973,000. Howard Capital Management Inc. lifted its position in shares of Verisk Analytics by 2.7% in the 4th quarter. Howard Capital Management Inc. now owns 4,262 shares of the business services provider’s stock worth $1,174,000 after buying an additional 111 shares during the last quarter. First Horizon Advisors Inc. lifted its position in shares of Verisk Analytics by 6.9% in the 4th quarter. First Horizon Advisors Inc. now owns 910 shares of the business services provider’s stock worth $251,000 after buying an additional 59 shares during the last quarter. Redmond Asset Management LLC lifted its position in shares of Verisk Analytics by 1.4% in the 4th quarter. Redmond Asset Management LLC now owns 9,215 shares of the business services provider’s stock worth $2,538,000 after buying an additional 127 shares during the last quarter. Finally, Matauro LLC bought a new position in shares of Verisk Analytics in the 4th quarter worth about $392,000. 90.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the transaction, the insider now owns 9,066 shares of the company’s stock, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $294.95, for a total transaction of $347,746.05. Following the transaction, the director now directly owns 13,786 shares in the company, valued at approximately $4,066,180.70. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 4,469 shares of company stock valued at $1,264,818. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Up 0.8 %

Verisk Analytics stock opened at $295.11 on Monday. The stock has a market cap of $41.67 billion, a price-to-earnings ratio of 46.04, a PEG 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. The company’s 50-day moving average price is $282.65 and its two-hundred day moving average price is $277.39. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $296.94.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.39 per share. The ex-dividend date was Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.53%. Verisk Analytics’s payout ratio is 24.34%.

Wall Street Analyst Weigh In

VRSK has been the topic of a number of recent research reports. BMO Capital Markets raised their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Royal Bank of Canada restated an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. Robert W. Baird increased their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. in a report on Friday, January 10th. Finally, Morgan Stanley increased their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Verisk Analytics has a consensus rating of “Hold” and a consensus price target of $295.33.

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.