Quotient Wealth Partners LLC Sells 210 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Quotient Wealth Partners LLC reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 784 shares of the business services provider’s stock after selling 210 shares during the period. Quotient Wealth Partners LLC’s holdings in Verisk Analytics were worth $216,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Marshall Financial Group LLC raised its holdings in shares of Verisk Analytics by 0.8% during the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after acquiring an additional 38 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Verisk Analytics by 1.5% during the third quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after purchasing an additional 38 shares during the last quarter. Citizens Financial Group Inc. RI raised its stake in 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 buying an additional 43 shares during the last quarter. Ascent Group LLC boosted its stake in Verisk Analytics by 1.7% in the 3rd quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock worth $672,000 after purchasing an additional 43 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its stake in shares of Verisk Analytics by 5.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 897 shares of the business services provider’s stock worth $247,000 after buying an additional 43 shares in the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on VRSK. Barclays cut Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. 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 company an “equal weight” rating in a research report on Thursday, December 12th. BMO Capital Markets raised their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research note on Friday, November 1st. Royal Bank of Canada restated an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a research report on Tuesday, January 7th. Finally, Robert W. Baird upped their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $293.11.

Insider Buying and Selling

In other news, Director Bruce Edward Hansen sold 1,179 shares of the stock in a transaction 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 transaction, the director now owns 13,786 shares of the company’s stock, valued at approximately $3,760,958.66. This represents a 7.88 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction dated Friday, January 17th. The stock was 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 in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 6,669 shares of company stock valued at $1,889,316 in the last ninety days. 0.40% of the stock is owned by company insiders.

Verisk Analytics Price Performance

NASDAQ:VRSK opened at $294.00 on Tuesday. The firm has a market capitalization of $41.52 billion, a price-to-earnings ratio of 45.87, a PEG ratio of 3.39 and a beta of 0.89. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The business has a 50 day simple moving average of $281.33 and a 200-day simple moving average of $275.69. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $296.58.

Verisk Analytics Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.39 per share. 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 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.