Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have received an average rating of “Hold” from the fifteen brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and eight have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $173.85.
Several equities analysts recently weighed in on the stock. BMO Capital Markets increased their price target on shares of Verisk Analytics from $156.00 to $181.00 and gave the company a “market perform” rating in a research report on Thursday, August 6th. BidaskClub upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Wednesday, October 14th. Barclays increased their price target on shares of Verisk Analytics from $165.00 to $210.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley increased their price target on shares of Verisk Analytics from $200.00 to $209.00 and gave the company an “overweight” rating in a research report on Tuesday, October 20th.
Shares of Verisk Analytics stock traded down $3.55 during trading on Monday, reaching $185.70. 9,976 shares of the company traded hands, compared to its average volume of 855,881. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.59 and a quick ratio of 0.59. Verisk Analytics has a 1-year low of $116.61 and a 1-year high of $195.10. The company has a 50 day moving average price of $184.84 and a 200-day moving average price of $172.59. The firm has a market capitalization of $30.73 billion, a PE ratio of 59.66, a P/E/G ratio of 3.69 and a beta of 0.67.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, September 14th. This represents a $1.08 dividend on an annualized basis and a yield of 0.58%. Verisk Analytics’s dividend payout ratio is presently 24.66%.
In other news, EVP Kenneth E. Thompson sold 64,408 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $192.86, for a total value of $12,421,726.88. Following the sale, the executive vice president now directly owns 108,140 shares of the company’s stock, valued at $20,855,880.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Scott G. Stephenson sold 98,513 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $186.23, for a total transaction of $18,346,075.99. The disclosure for this sale can be found here. Over the last three months, insiders sold 245,220 shares of company stock worth $46,148,114. Insiders own 2.55% of the company’s stock.
Several institutional investors have recently made changes to their positions in the company. Ellevest Inc. lifted its holdings in shares of Verisk Analytics by 18.3% in the third quarter. Ellevest Inc. now owns 1,268 shares of the business services provider’s stock worth $235,000 after buying an additional 196 shares in the last quarter. Welch & Forbes LLC grew its position in Verisk Analytics by 46.3% during the third quarter. Welch & Forbes LLC now owns 1,983 shares of the business services provider’s stock valued at $368,000 after acquiring an additional 628 shares during the last quarter. NuWave Investment Management LLC grew its position in Verisk Analytics by 2,537.8% during the third quarter. NuWave Investment Management LLC now owns 976 shares of the business services provider’s stock valued at $181,000 after acquiring an additional 939 shares during the last quarter. Copeland Capital Management LLC bought a new position in shares of Verisk Analytics in the third quarter worth approximately $203,000. Finally, Icon Wealth Partners LLC bought a new position in shares of Verisk Analytics in the third quarter worth approximately $844,000. 88.17% of the stock is currently owned by hedge funds and other institutional investors.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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