Verisk Analytics, Inc. (NASDAQ:VRSK) Position Increased by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 167,046 shares of the business services provider’s stock after buying an additional 2,935 shares during the quarter. Verisk Analytics makes up approximately 1.7% of Tandem Investment Advisors Inc.’s portfolio, making the stock its 28th largest position. Tandem Investment Advisors Inc. owned approximately 0.12% of Verisk Analytics worth $46,010,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Manchester Capital Management LLC boosted its stake 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 worth $25,000 after purchasing an additional 75 shares during the period. Sugarloaf Wealth Management LLC acquired a new stake in Verisk Analytics during the 4th quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at $29,000. Kestra Investment Management LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter worth $32,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Verisk Analytics during the third quarter valued at $34,000. 90.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. 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. Barclays downgraded shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a research report on Friday, January 10th. Finally, BMO Capital Markets lifted their target price on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $293.11.

Insider Buying and Selling

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 transaction, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s 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 completion of the sale, the director now owns 13,786 shares of the company’s stock, valued at $3,760,958.66. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 4,469 shares of company stock worth $1,264,818. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Price Performance

Shares of VRSK opened at $292.70 on Friday. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market cap of $41.33 billion, a PE ratio of 45.66, a PEG ratio of 3.40 and a beta of 0.89. The firm’s 50 day moving average price is $282.42 and its 200 day moving average price is $276.93. 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 disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s payout ratio is presently 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.