Bryn Mawr Capital Management LLC Lowers Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Bryn Mawr Capital Management LLC trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,785 shares of the business services provider’s stock after selling 155 shares during the quarter. Bryn Mawr Capital Management LLC’s holdings in Verisk Analytics were worth $1,869,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sanctuary Advisors LLC raised its holdings in Verisk Analytics by 188.2% in the third quarter. Sanctuary Advisors LLC now owns 25,637 shares of the business services provider’s stock valued at $7,454,000 after buying an additional 16,742 shares during the period. Aaron Wealth Advisors LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter worth $212,000. Icon Wealth Advisors LLC raised its stake in shares of Verisk Analytics by 899.1% in the 3rd quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider’s stock valued at $2,913,000 after acquiring an additional 10,726 shares during the period. Point72 Hong Kong Ltd lifted its holdings in shares of Verisk Analytics by 479.1% during the 3rd quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider’s stock valued at $4,516,000 after acquiring an additional 13,943 shares in the last quarter. Finally, KBC Group NV boosted its position in Verisk Analytics by 15.3% during the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider’s stock worth $9,622,000 after purchasing an additional 4,767 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Verisk Analytics

In related news, Director Bruce Edward Hansen sold 1,179 shares of the company’s stock in a transaction that occurred 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 sale, the director now directly owns 13,786 shares of the company’s stock, valued at approximately $4,066,180.70. This represents a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of Verisk Analytics 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 completion of the transaction, the insider now directly owns 9,066 shares of the company’s stock, valued at $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,469 shares of company stock valued at $1,264,818. Insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Down 1.1 %

VRSK stock opened at $292.70 on Friday. 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 firm has a 50 day simple moving average of $282.42 and a 200-day simple moving average of $276.93. The company has a market capitalization of $41.33 billion, a P/E ratio of 45.66, a PEG ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.94.

Verisk Analytics Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms have commented on VRSK. Barclays lowered 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. Robert W. Baird boosted their price target 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 increased 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 boosted 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 report on Friday, November 1st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Verisk Analytics has a consensus rating of “Hold” and a consensus target price of $293.11.

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.