TBH Global Asset Management LLC Lowers Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

TBH Global Asset Management LLC lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,211 shares of the business services provider’s stock after selling 500 shares during the quarter. TBH Global Asset Management LLC’s holdings in Verisk Analytics were worth $1,986,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. FMR LLC increased its stake in shares of Verisk Analytics by 6.5% during the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock worth $1,237,700,000 after acquiring an additional 283,653 shares during the period. Franklin Resources Inc. increased its position in Verisk Analytics by 6.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock worth $331,476,000 after purchasing an additional 78,376 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Verisk Analytics by 1.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock worth $214,676,000 after buying an additional 8,262 shares in the last quarter. Two Sigma Advisers LP lifted its holdings in shares of Verisk Analytics by 46.7% in the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock valued at $164,750,000 after buying an additional 195,700 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Verisk Analytics by 0.4% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 332,650 shares of the business services provider’s stock valued at $91,622,000 after buying an additional 1,308 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of several research analyst reports. Robert W. Baird increased their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Morgan Stanley increased their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. BMO Capital Markets boosted 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. Barclays cut 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 report on Friday, January 10th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research note on Tuesday, January 7th. Six investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $293.11.

Verisk Analytics Stock Up 0.9 %

VRSK stock opened at $295.86 on Thursday. 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’s 50 day simple moving average is $282.27 and its 200-day simple moving average is $276.82. Verisk Analytics, Inc. has a 12 month low of $217.34 and a 12 month high of $296.94. The firm has a market capitalization of $41.78 billion, a PE ratio of 46.16, a P/E/G ratio of 3.37 and a beta of 0.89.

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 issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

Insiders Place Their Bets

In related news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $294.95, for a total transaction of $347,746.05. Following the completion of the sale, the director now owns 13,786 shares in the company, valued at approximately $4,066,180.70. This trade represents a 7.88 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kathy Card Beckles sold 2,111 shares of the company’s stock in a transaction dated Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, the insider now owns 9,066 shares in the company, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 4,469 shares of company stock valued at $1,264,818. Corporate 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.