Exchange Traded Concepts LLC Sells 2,530 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Exchange Traded Concepts LLC reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 18.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,275 shares of the business services provider’s stock after selling 2,530 shares during the period. Exchange Traded Concepts LLC’s holdings in Verisk Analytics were worth $3,105,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Mutual Advisors LLC raised its stake in Verisk Analytics by 17.3% during the 4th quarter. Mutual Advisors LLC now owns 1,473 shares of the business services provider’s stock worth $410,000 after buying an additional 217 shares during the period. SG Americas Securities LLC increased its holdings in shares of Verisk Analytics by 90.5% during the fourth quarter. SG Americas Securities LLC now owns 45,379 shares of the business services provider’s stock valued at $12,499,000 after acquiring an additional 21,554 shares in the last quarter. Albion Financial Group UT acquired a new position in shares of Verisk Analytics during the fourth quarter worth approximately $124,000. Nisa Investment Advisors LLC lifted its holdings in shares of Verisk Analytics by 2.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 11,705 shares of the business services provider’s stock worth $3,224,000 after purchasing an additional 257 shares in the last quarter. Finally, Genesis Private Wealth LLC acquired a new stake in Verisk Analytics in the 4th quarter valued at $219,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Royal Bank of Canada restated an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a report on Tuesday, January 7th. BMO Capital Markets upped their target price 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 lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a report on Friday, January 10th. Morgan Stanley increased their price objective on 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, 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. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $293.11.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated 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 transaction, the chief financial officer now owns 15,608 shares of the company’s stock, valued at $4,471,535.92. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Kathy Card Beckles sold 2,111 shares of the 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 directly owns 9,066 shares in the company, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 5,490 shares of company stock valued at $1,541,570 in the last 90 days. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Trading Up 0.3 %

Shares of Verisk Analytics stock opened at $278.93 on Friday. The stock has a fifty day moving average price of $281.49 and a 200-day moving average price of $274.97. 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 firm has a market cap of $39.39 billion, a PE ratio of 43.51, a P/E/G ratio of 3.20 and a beta of 0.88. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $296.58.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company had revenue of $725.30 million for the quarter, compared to analysts’ expectations of $722.19 million. During the same quarter in the previous year, the firm posted $1.52 EPS. Verisk Analytics’s revenue was up 7.0% on a year-over-year basis. Equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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 0.56%. Verisk Analytics’s dividend payout ratio is 24.34%.

Verisk Analytics Company 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.