Verisk Analytics, Inc. (NASDAQ:VRSK) Shares Sold by Boston Financial Mangement LLC

Boston Financial Mangement LLC trimmed its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,997 shares of the business services provider’s stock after selling 80 shares during the quarter. Boston Financial Mangement LLC’s holdings in Verisk Analytics were worth $3,855,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Manchester Capital Management LLC grew its stake in Verisk Analytics by 468.8% during the 4th quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock worth $25,000 after buying an additional 75 shares during the last quarter. Sugarloaf Wealth Management LLC purchased a new stake in Verisk Analytics in the fourth quarter valued at approximately $28,000. Roxbury Financial LLC acquired a new stake in shares of Verisk Analytics in the fourth quarter valued at approximately $29,000. Kestra Investment Management LLC purchased a new position in shares of Verisk Analytics during the fourth quarter worth approximately $32,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Verisk Analytics in the 3rd quarter valued at $34,000. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Stock Up 0.9 %

Verisk Analytics stock opened at $295.86 on Thursday. The stock’s 50 day moving average price is $282.27 and its 200 day moving average price is $276.82. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.94. The company has a market cap of $41.78 billion, a PE ratio of 46.16, a price-to-earnings-growth ratio of 3.37 and a beta of 0.89. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82.

Verisk Analytics Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors 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 of this dividend was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

Insiders Place Their Bets

In other news, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction 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 completion of the transaction, the director now owns 13,786 shares in the company, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,469 shares of company stock worth $1,264,818. 0.40% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VRSK shares. Morgan Stanley increased their target price 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. BMO Capital Markets increased their price objective on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. 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 note on Thursday, October 31st. Royal Bank of Canada restated an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a research note on Tuesday, January 7th. Finally, Barclays lowered shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective on the stock. in a research report on Friday, January 10th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and an average target price of $293.11.

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.