Chevy Chase Trust Holdings LLC Decreases Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Chevy Chase Trust Holdings LLC decreased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,111 shares of the business services provider’s stock after selling 2,255 shares during the period. Chevy Chase Trust Holdings LLC owned approximately 0.05% of Verisk Analytics worth $20,412,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Signaturefd LLC boosted its position in shares of Verisk Analytics by 1.5% in the third quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock worth $693,000 after buying an additional 38 shares during the period. Citizens Financial Group Inc. RI boosted its holdings in Verisk Analytics by 2.2% in the third quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider’s stock valued at $543,000 after purchasing an additional 43 shares during the last quarter. Ascent Group LLC boosted its holdings in Verisk Analytics by 1.7% in the third quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock valued at $672,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its holdings in Verisk Analytics by 5.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 897 shares of the business services provider’s stock valued at $247,000 after purchasing an additional 43 shares during the last quarter. Finally, Rehmann Capital Advisory Group boosted its holdings in Verisk Analytics by 4.8% in the third quarter. Rehmann Capital Advisory Group now owns 974 shares of the business services provider’s stock valued at $264,000 after purchasing an additional 45 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In related news, 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 sale, the director now directly owns 13,786 shares in the company, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 completion of the sale, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,469 shares of company stock worth $1,545,528. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Stock Down 0.7 %

Shares of Verisk Analytics stock opened at $293.48 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The business’s 50 day simple moving average is $281.75 and its 200-day simple moving average is $276.24. The stock has a market capitalization of $41.44 billion, a price-to-earnings ratio of 45.78, a PEG ratio of 3.39 and a beta of 0.89. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.94.

Verisk Analytics Dividend Announcement

The business also recently declared 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 was Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Analyst Ratings Changes

VRSK has been the subject of a number of analyst reports. Robert W. Baird increased their price target on Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. BMO Capital Markets increased their price target on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a report on Friday, November 1st. Morgan Stanley increased their target price on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Finally, Barclays downgraded Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a report on Friday, January 10th. Six investment 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. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus 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.