Hengehold Capital Management LLC Sells 66 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Hengehold Capital Management LLC decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.9% during the 4th quarter, Holdings Channel reports. The firm owned 1,292 shares of the business services provider’s stock after selling 66 shares during the quarter. Hengehold Capital Management LLC’s holdings in Verisk Analytics were worth $356,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Sugarloaf Wealth Management LLC acquired a new stake in shares of Verisk Analytics during the 4th quarter worth approximately $28,000. Ashton Thomas Securities LLC bought a new stake in shares of Verisk Analytics during the third quarter valued at approximately $34,000. Carolina Wealth Advisors LLC bought a new position in shares of Verisk Analytics in the 3rd quarter worth $50,000. Catalyst Capital Advisors LLC increased its stake in Verisk Analytics by 101.5% during the 3rd quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock valued at $74,000 after purchasing an additional 139 shares in the last quarter. Finally, Quarry LP acquired a new position in Verisk Analytics during the third quarter worth $79,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insiders Place Their Bets

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $286,490.00. Following the sale, the chief executive officer now owns 54,163 shares of the company’s stock, valued at $15,517,157.87. This trade represents a 1.81 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the transaction, the chief financial officer now directly owns 15,608 shares in the company, valued at $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 5,490 shares of company stock valued at $1,541,570 over the last three months. Insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

VRSK has been the subject of several recent research reports. 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. Robert W. Baird raised their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Evercore ISI reiterated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. BMO Capital Markets lifted their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price 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 given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $293.11.

Verisk Analytics Price Performance

Shares of NASDAQ:VRSK opened at $277.98 on Friday. The company has a 50 day moving average of $281.69 and a 200 day moving average of $274.91. 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 12 month low of $217.34 and a 12 month high of $296.58. The stock has a market cap of $39.25 billion, a P/E ratio of 43.37, a P/E/G ratio of 3.20 and a beta of 0.88.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping the consensus estimate of $1.60 by $0.07. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The business had revenue of $725.30 million during the quarter, compared to analysts’ expectations of $722.19 million. During the same period in the previous year, the business earned $1.52 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a dividend yield of 0.56%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

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.