Verisk Analytics, Inc. (NASDAQ:VRSK) Position Decreased by C WorldWide Group Holding A S

C WorldWide Group Holding A S decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 75.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 50,820 shares of the business services provider’s stock after selling 158,285 shares during the period. C WorldWide Group Holding A S’s holdings in Verisk Analytics were worth $13,997,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. FMR LLC boosted its holdings in shares of Verisk Analytics by 6.5% in the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock worth $1,237,700,000 after buying an additional 283,653 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Verisk Analytics by 6.8% in the third quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock worth $331,476,000 after buying an additional 78,376 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of Verisk Analytics by 1.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock worth $214,676,000 after buying an additional 8,262 shares during the period. Two Sigma Advisers LP boosted its holdings in shares of Verisk Analytics by 46.7% in the third quarter. Two Sigma Advisers LP now owns 614,831 shares of the business services provider’s stock worth $164,750,000 after buying an additional 195,700 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Verisk Analytics by 0.4% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 332,650 shares of the business services provider’s stock worth $91,622,000 after buying an additional 1,308 shares during the period. Institutional investors own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In other news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $272.81, for a total value of $321,642.99. Following the transaction, the director now owns 13,786 shares of the company’s stock, valued at $3,760,958.66. This trade represents a 7.88 % decrease in their ownership of the stock. The transaction 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 Verisk Analytics stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,469 shares of company stock valued at $1,264,818. 0.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on VRSK shares. Morgan Stanley raised their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Wells Fargo & Company raised their price target on shares of Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday. Royal Bank of Canada restated an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Robert W. Baird raised their price target on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Finally, Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target for the company. in a report on Friday, January 10th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $295.33.

Verisk Analytics Price Performance

Shares of VRSK opened at $295.11 on Monday. The firm has a market cap of $41.67 billion, a PE ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89. The firm’s 50 day moving average price is $282.65 and its 200 day moving average price is $277.39. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. Verisk Analytics, Inc. has a twelve month low of $217.34 and a twelve month high of $296.94.

Verisk Analytics Dividend Announcement

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