Kapitalo Investimentos Ltda Takes $69,000 Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Kapitalo Investimentos Ltda purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 4th quarter, Holdings Channel.com reports. The firm purchased 290 shares of the business services provider’s stock, valued at approximately $69,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CVA Family Office LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter worth $30,000. Frazier Financial Advisors LLC bought a new stake in Verisk Analytics during the 4th quarter valued at about $32,000. DSM Capital Partners LLC purchased a new position in Verisk Analytics in the fourth quarter worth about $33,000. Global Retirement Partners LLC lifted its stake in shares of Verisk Analytics by 48.5% in the fourth quarter. Global Retirement Partners LLC now owns 150 shares of the business services provider’s stock worth $36,000 after buying an additional 49 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Verisk Analytics by 25.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 221 shares of the business services provider’s stock valued at $53,000 after buying an additional 45 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

NASDAQ VRSK opened at $268.09 on Friday. The company has a 50-day moving average price of $245.16 and a 200-day moving average price of $240.73. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $270.38. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 9.94. The firm has a market capitalization of $38.25 billion, a P/E ratio of 50.02, a PEG ratio of 3.34 and a beta of 0.83.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, May 1st. The business services provider reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.11. The business had revenue of $704.00 million during the quarter, compared to analysts’ expectations of $699.07 million. Verisk Analytics had a net margin of 28.45% and a return on equity of 268.19%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.29 earnings per share. Equities research analysts anticipate that Verisk Analytics, Inc. will post 6.55 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Saturday, June 15th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Friday, June 14th. This represents a $1.56 annualized dividend and a yield of 0.58%. Verisk Analytics’s dividend payout ratio (DPR) is presently 29.10%.

Insider Buying and Selling at Verisk Analytics

In other news, insider Nicholas Daffan sold 1,554 shares of Verisk Analytics stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total transaction of $346,433.22. Following the transaction, the insider now directly owns 51,715 shares of the company’s stock, valued at approximately $11,528,824.95. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other Verisk Analytics news, CAO David J. Grover sold 6,481 shares of the firm’s stock in a transaction dated Wednesday, March 27th. The stock was sold at an average price of $233.06, for a total transaction of $1,510,461.86. Following the sale, the chief accounting officer now directly owns 12,140 shares of the company’s stock, valued at $2,829,348.40. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Nicholas Daffan sold 1,554 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $222.93, for a total value of $346,433.22. Following the completion of the transaction, the insider now directly owns 51,715 shares of the company’s stock, valued at approximately $11,528,824.95. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,746 shares of company stock valued at $2,285,415. Company insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

VRSK has been the topic of several analyst reports. Evercore ISI reaffirmed an “in-line” rating and issued a $250.00 price objective on shares of Verisk Analytics in a research report on Tuesday, March 26th. BMO Capital Markets upped their price target on Verisk Analytics from $238.00 to $241.00 and gave the company a “market perform” rating in a report on Thursday, May 2nd. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $254.31.

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.