Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Gilbert & Cook Inc.

Gilbert & Cook Inc. lessened its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 2.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,708 shares of the business services provider’s stock after selling 58 shares during the quarter. Gilbert & Cook Inc.’s holdings in Verisk Analytics were worth $746,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VRSK. Sugarloaf Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at $28,000. Ashton Thomas Securities LLC acquired a new stake in shares of Verisk Analytics during the third quarter worth approximately $34,000. Carolina Wealth Advisors LLC purchased a new position in shares of Verisk Analytics during the 3rd quarter valued at $50,000. Crews Bank & Trust purchased a new stake in shares of Verisk Analytics during the 4th quarter worth about $55,000. Finally, Catalyst Capital Advisors LLC increased its holdings in Verisk Analytics by 101.5% in the third quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock worth $74,000 after buying an additional 139 shares during the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of analyst reports. Robert W. Baird boosted their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Evercore ISI reiterated an “in-line” rating and issued a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. BMO Capital Markets upped their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. in a research note on Friday, January 10th. Finally, Royal Bank of Canada reaffirmed 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 assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $293.11.

Get Our Latest Stock Analysis on Verisk Analytics

Insiders Place Their Bets

In other news, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were 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 trade represents a 18.89 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99. Following the transaction, the director now directly owns 13,786 shares of the company’s stock, valued at $3,760,958.66. The trade was a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 5,490 shares of company stock valued at $1,541,570 in the last quarter. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Price Performance

Verisk Analytics stock traded up $3.63 during mid-day trading on Thursday, hitting $286.22. 12,877 shares of the company were exchanged, compared to its average volume of 707,652. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58. The company has a market capitalization of $40.42 billion, a PE ratio of 44.65, a price-to-earnings-growth ratio of 3.20 and a beta of 0.88. The business has a fifty day moving average of $281.57 and a 200 day moving average of $275.11. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36.

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

Verisk Analytics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.39 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.55%. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.

About Verisk Analytics

(Free Report)

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.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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