348 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Acquired by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 348 shares of the business services provider’s stock, valued at approximately $95,000.

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

Insider Activity

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the stock in a transaction that occurred on Friday, January 17th. The stock was 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 owns 9,066 shares of the company’s stock, valued at $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the completion of the transaction, the director now owns 13,786 shares in the company, valued at approximately $3,760,958.66. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock worth $1,264,818 in the last quarter. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $295.11 on Friday. The stock has a market capitalization 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 stock has a 50-day moving average of $282.65 and a 200 day moving average of $277.16. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.94.

Verisk Analytics Announces Dividend

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

Wall Street Analyst Weigh In

Several research firms have recently issued reports on VRSK. Morgan Stanley upped their price objective on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Robert W. Baird raised their price target 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. Wells Fargo & Company lifted their price objective on shares of Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a research note on Friday. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research report on Tuesday, January 7th. Finally, Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a research note on Friday, January 10th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price 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.