Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Bought by Entropy Technologies LP

Entropy Technologies LP lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 43.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 3,304 shares of the business services provider’s stock after purchasing an additional 1,004 shares during the period. Entropy Technologies LP’s holdings in Verisk Analytics were worth $910,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Livforsakringsbolaget Skandia Omsesidigt raised its stake in shares of Verisk Analytics by 174.4% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 985 shares of the business services provider’s stock worth $264,000 after buying an additional 626 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Verisk Analytics by 33.9% in the third quarter. Exchange Traded Concepts LLC now owns 13,805 shares of the business services provider’s stock worth $3,699,000 after acquiring an additional 3,495 shares in the last quarter. Procyon Advisors LLC lifted its holdings in Verisk Analytics by 4.0% in the 3rd quarter. Procyon Advisors LLC now owns 1,543 shares of the business services provider’s stock valued at $413,000 after acquiring an additional 60 shares during the last quarter. Creative Planning boosted its position in shares of Verisk Analytics by 2.0% during the 3rd quarter. Creative Planning now owns 17,343 shares of the business services provider’s stock valued at $4,647,000 after purchasing an additional 340 shares in the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC grew its stake in shares of Verisk Analytics by 11.0% in the 3rd quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,387 shares of the business services provider’s stock worth $373,000 after purchasing an additional 137 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Price Performance

Shares of VRSK opened at $294.00 on Tuesday. The business’s 50-day moving average is $281.33 and its 200-day moving average is $275.69. 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 company has a market capitalization of $41.52 billion, a price-to-earnings ratio of 45.87, a P/E/G ratio of 3.39 and a beta of 0.89. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.58.

Verisk Analytics Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research firms recently commented on VRSK. Morgan Stanley increased their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a research note on Friday, January 10th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. BMO Capital Markets boosted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Finally, Robert W. Baird raised their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Six equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $293.11.

Insider Buying and Selling at Verisk Analytics

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $57,298.00. Following the completion of the sale, the chief financial officer now owns 15,608 shares of the company’s stock, valued at approximately $4,471,535.92. This trade represents a 1.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total value of $280,710.00. Following the completion of the transaction, the chief executive officer now directly owns 53,163 shares in the company, valued at approximately $14,923,385.73. The trade was a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 6,669 shares of company stock valued at $1,889,316 in the last quarter. Company insiders own 0.40% of the company’s stock.

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.