Asset Management One Co. Ltd. Purchases 583 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Asset Management One Co. Ltd. increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% during the fourth quarter, HoldingsChannel reports. The fund owned 95,570 shares of the business services provider’s stock after buying an additional 583 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Verisk Analytics were worth $26,502,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC grew its position in shares of Verisk Analytics by 6.5% in the 3rd quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after buying an additional 283,653 shares during the last quarter. Mizuho Securities USA LLC grew its position in shares of Verisk Analytics by 2,380.6% in the 3rd quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock valued at $73,144,000 after buying an additional 261,961 shares during the last quarter. Two Sigma Advisers LP grew its position 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 last quarter. Worldquant Millennium Advisors LLC grew its position in shares of Verisk Analytics by 158.2% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 184,806 shares of the business services provider’s stock valued at $49,521,000 after buying an additional 113,230 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Verisk Analytics by 6.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock valued at $331,476,000 after buying an additional 78,376 shares during the last quarter. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 0.7 %

VRSK stock opened at $293.48 on Friday. The stock’s 50 day simple moving average is $281.62 and its 200 day simple moving average is $276.17. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.94. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market cap of $41.44 billion, a P/E ratio of 45.78, a price-to-earnings-growth ratio of 3.39 and a beta of 0.89.

Verisk Analytics Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid 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 currently 24.34%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Verisk Analytics news, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $2,557,155.96. The trade was a 18.89 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $294.95, for a total value of $347,746.05. Following the sale, the director now directly owns 13,786 shares of the company’s stock, valued at $4,066,180.70. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,469 shares of company stock valued at $1,545,528. 0.40% of the stock is owned by company insiders.

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.