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

Roxbury Financial LLC acquired a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 100 shares of the business services provider’s stock, valued at approximately $29,000.

Other hedge funds have also made changes to their positions in the company. Manchester Capital Management LLC grew its holdings in Verisk Analytics by 468.8% in the 4th quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock valued at $25,000 after buying an additional 75 shares during the last quarter. Sugarloaf Wealth Management LLC acquired a new stake in Verisk Analytics in the 4th quarter valued at approximately $28,000. Ashton Thomas Securities LLC acquired a new stake in Verisk Analytics in the 3rd quarter valued at approximately $34,000. Carolina Wealth Advisors LLC acquired a new stake in Verisk Analytics in the 3rd quarter valued at approximately $50,000. Finally, Crews Bank & Trust acquired a new stake in Verisk Analytics in the 4th quarter valued at approximately $55,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Buying and Selling

In related news, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $294.95, for a total transaction of $347,746.05. Following the completion of the sale, the director now directly owns 13,786 shares of the company’s stock, valued at $4,066,180.70. This trade represents a 7.88 % decrease in their position. The transaction 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 firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $280.71, for a total value of $280,710.00. Following the sale, the chief executive officer now directly owns 53,163 shares of the company’s stock, valued at $14,923,385.73. This represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,469 shares of company stock worth $1,545,528 in the last 90 days. 0.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on VRSK shares. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a report on Friday, January 10th. BMO Capital Markets raised their price objective 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. Robert W. Baird raised their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Morgan Stanley raised their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued 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 assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $293.11.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $293.48 on Friday. 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 company has a market capitalization of $41.44 billion, a PE ratio of 45.78, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $296.94. The business has a 50 day simple moving average of $281.75 and a 200 day simple moving average of $276.24.

Verisk Analytics Announces Dividend

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

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.