Union Bancaire Privee UBP SA Takes Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Union Bancaire Privee UBP SA bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,509 shares of the business services provider’s stock, valued at approximately $973,000.

Other hedge funds also recently modified their holdings of the company. Manchester Capital Management LLC lifted its holdings in shares of Verisk Analytics by 468.8% in the fourth quarter. Manchester Capital Management LLC now owns 91 shares of the business services provider’s stock valued at $25,000 after purchasing an additional 75 shares in the last quarter. Sugarloaf Wealth Management LLC purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at $28,000. Roxbury Financial LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter worth $29,000. Centricity Wealth Management LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter worth $28,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter worth $32,000. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on VRSK. 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 report on Thursday, October 31st. Wells Fargo & Company increased their price objective on Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday. 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 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. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $300.00 price objective on shares of Verisk Analytics in a report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $295.33.

Insider Activity

In other news, Director Bruce Edward Hansen sold 1,179 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,760,958.66. This trade represents a 7.88 % decrease in their ownership of the stock. The sale 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 firm’s stock in a transaction dated 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 directly 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. Over the last ninety days, insiders have sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is owned by insiders.

Verisk Analytics Trading Up 0.8 %

Verisk Analytics stock opened at $295.11 on Monday. 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 has a market capitalization of $41.67 billion, a price-to-earnings ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $296.94. The company’s fifty day moving average price is $282.65 and its two-hundred day moving average price is $277.39.

Verisk Analytics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio is currently 24.34%.

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.