Kathmere Capital Management LLC Has $633,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Kathmere Capital Management LLC reduced its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,299 shares of the business services provider’s stock after selling 142 shares during the quarter. Kathmere Capital Management LLC’s holdings in Verisk Analytics were worth $633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC grew its holdings 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 acquiring an additional 283,653 shares in the last quarter. Mizuho Securities USA LLC grew its stake in Verisk Analytics by 2,380.6% in the third quarter. Mizuho Securities USA LLC now owns 272,965 shares of the business services provider’s stock valued at $73,144,000 after purchasing an additional 261,961 shares in the last quarter. Epoch Investment Partners Inc. increased its position in shares of Verisk Analytics by 60.4% during the 2nd quarter. Epoch Investment Partners Inc. now owns 541,426 shares of the business services provider’s stock worth $145,941,000 after purchasing an additional 203,951 shares during the last quarter. Two Sigma Advisers LP raised its stake in shares of Verisk Analytics by 46.7% during the 3rd quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock worth $164,750,000 after purchasing an additional 195,700 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings 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. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total transaction of $57,298.00. Following the sale, the chief financial officer now directly owns 15,608 shares in the company, valued at $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total transaction of $321,642.99. Following the completion of the transaction, the director now owns 13,786 shares of the company’s stock, valued at $3,760,958.66. The trade was a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 3,379 shares of company stock valued at $946,141. 0.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on VRSK shares. BMO Capital Markets boosted 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. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a research note on Tuesday, January 7th. Barclays downgraded 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. Finally, Evercore ISI reaffirmed an “in-line” rating and issued a $279.00 price objective on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $293.11.

Verisk Analytics Stock Performance

NASDAQ:VRSK opened at $273.81 on Thursday. The stock has a 50 day simple moving average of $282.46 and a 200 day simple moving average of $274.68. The stock has a market cap of $38.66 billion, a P/E ratio of 42.72, a PEG ratio of 3.55 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. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36.

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

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a dividend of $0.39 per share. The ex-dividend date was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.57%. Verisk Analytics’s payout ratio is presently 24.34%.

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.