Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Bryn Mawr Capital Management LLC

Bryn Mawr Capital Management LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,785 shares of the business services provider’s stock after selling 155 shares during the period. Bryn Mawr Capital Management LLC’s holdings in Verisk Analytics were worth $1,869,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC boosted its position in Verisk Analytics by 6.5% during the 3rd quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock worth $1,237,700,000 after acquiring an additional 283,653 shares during the period. Mizuho Securities USA LLC lifted its holdings in Verisk Analytics by 2,380.6% in the third quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock worth $73,144,000 after purchasing an additional 261,961 shares during the period. Empower Advisory Group LLC grew its position in Verisk Analytics by 29,469.0% in the 4th quarter. Empower Advisory Group LLC now owns 233,004 shares of the business services provider’s stock valued at $64,176,000 after buying an additional 232,216 shares in the last quarter. Two Sigma Advisers LP increased its stake in Verisk Analytics by 46.7% during the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after buying an additional 195,700 shares during the period. Finally, Worldquant Millennium Advisors LLC raised its position in shares of Verisk Analytics by 158.2% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 184,806 shares of the business services provider’s stock worth $49,521,000 after buying an additional 113,230 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Down 1.1 %

Shares of VRSK opened at $292.70 on Friday. The stock’s 50-day moving average price is $282.42 and its 200 day moving average price is $276.93. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market capitalization of $41.33 billion, a price-to-earnings ratio of 45.66, a P/E/G ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $296.94.

Verisk Analytics Announces Dividend

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

Insider Activity at Verisk Analytics

In other news, insider Kathy Card Beckles sold 2,111 shares of the company’s stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the sale, the insider now directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total value of $321,642.99. Following the transaction, the director now owns 13,786 shares of the company’s stock, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a report on Friday, January 10th. BMO Capital Markets upped their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research note on Friday, November 1st. 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. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, Morgan Stanley raised their price objective on Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Six 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, Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $293.11.

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.