Yousif Capital Management LLC Sells 632 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Yousif Capital Management LLC reduced its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.3% in the 4th quarter, Holdings Channel reports. The fund owned 18,358 shares of the business services provider’s stock after selling 632 shares during the quarter. Yousif Capital Management LLC’s holdings in Verisk Analytics were worth $5,056,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Ninety One SA PTY Ltd increased its stake in Verisk Analytics by 8.3% during the 4th quarter. Ninety One SA PTY Ltd now owns 4,977 shares of the business services provider’s stock worth $1,371,000 after purchasing an additional 381 shares in the last quarter. E. Ohman J or Asset Management AB boosted its holdings in shares of Verisk Analytics by 11.5% in the fourth quarter. E. Ohman J or Asset Management AB now owns 6,323 shares of the business services provider’s stock valued at $1,742,000 after buying an additional 650 shares during the period. Longboard Asset Management LP bought a new stake in shares of Verisk Analytics during the fourth quarter worth $218,000. Trust Point Inc. acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $441,000. Finally, DAVENPORT & Co LLC lifted its position in Verisk Analytics by 4.2% in the 4th quarter. DAVENPORT & Co LLC now owns 5,444 shares of the business services provider’s stock valued at $1,499,000 after acquiring an additional 217 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VRSK shares. Barclays cut Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price for the company. in a report on Friday, January 10th. Robert W. Baird lifted their target price on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research report on Tuesday, January 7th. Morgan Stanley raised their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. Finally, BMO Capital Markets lifted their price objective 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. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics has a consensus rating of “Hold” and an average target price of $293.11.

Insider Buying and Selling at Verisk Analytics

In other news, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the completion of the transaction, the director now directly owns 13,786 shares in the company, valued at approximately $3,760,958.66. The trade was a 7.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 sale, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. This represents a 18.89 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 5,490 shares of company stock valued at $1,541,570 in the last quarter. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Up 1.1 %

VRSK stock opened at $294.95 on Friday. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. The stock has a market capitalization of $41.65 billion, a price-to-earnings ratio of 46.01, a PEG ratio of 3.30 and a beta of 0.89. The business’s fifty day moving average price is $281.33 and its two-hundred day moving average price is $275.47.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

About Verisk Analytics

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.