738 Shares in Verisk Analytics, Inc. (NASDAQ:VRSK) Bought by Brooklyn Investment Group

Brooklyn Investment Group acquired a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 738 shares of the business services provider’s stock, valued at approximately $198,000.

Other large investors have also recently made changes to their positions in the company. Marshall Financial Group LLC grew its position in Verisk Analytics by 0.8% during the third quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock valued at $1,322,000 after buying an additional 38 shares during the period. Signaturefd LLC grew its position in shares of Verisk Analytics by 1.5% during the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock valued at $693,000 after acquiring an additional 38 shares during the period. Brookstone Capital Management increased its stake in shares of Verisk Analytics by 1.2% during the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after purchasing an additional 41 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Verisk Analytics by 19.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after purchasing an additional 42 shares during the period. Finally, Ascent Group LLC lifted its stake in Verisk Analytics by 1.8% in the second quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock valued at $664,000 after purchasing an additional 43 shares during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on VRSK shares. Barclays raised their target price on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley boosted their price objective on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Finally, BMO Capital Markets raised their price objective 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. Six equities research analysts have rated the stock with a hold rating, three 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 currently has an average rating of “Moderate Buy” and a consensus target price of $285.80.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $294.75 on Wednesday. The company’s 50 day simple moving average is $273.66 and its two-hundred day simple moving average is $269.24. The stock has a market capitalization of $41.62 billion, a PE ratio of 45.98, a P/E/G ratio of 3.65 and a beta of 0.86. The company has a debt-to-equity ratio of 8.36, a current ratio of 0.82 and a quick ratio of 0.82. Verisk Analytics, Inc. has a 1 year low of $217.34 and a 1 year high of $296.10.

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

Verisk Analytics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is 24.34%.

Insider Activity at Verisk Analytics

In related news, CEO Lee Shavel sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00. Following the transaction, the chief executive officer now directly owns 53,163 shares of the company’s stock, valued at approximately $14,923,385.73. This trade represents a 1.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at $4,289,184.64. The trade was a 1.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,400 shares of company stock valued at $678,764 over the last three months. 0.40% of the stock is owned by corporate insiders.

Verisk Analytics Company 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.