Asset Management One Co. Ltd. Buys 583 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Asset Management One Co. Ltd. raised its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 95,570 shares of the business services provider’s stock after purchasing an additional 583 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.07% of Verisk Analytics worth $26,502,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Creative Planning lifted its position in shares of Verisk Analytics by 2.0% in the third quarter. Creative Planning now owns 17,343 shares of the business services provider’s stock valued at $4,647,000 after buying an additional 340 shares during the last quarter. Bleakley Financial Group LLC lifted its position in shares of Verisk Analytics by 3.6% in the third quarter. Bleakley Financial Group LLC now owns 4,083 shares of the business services provider’s stock valued at $1,094,000 after buying an additional 143 shares during the last quarter. Marshall Financial Group LLC lifted its position in shares of Verisk Analytics by 0.8% in 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 last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of Verisk Analytics by 10.8% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,482 shares of the business services provider’s stock valued at $4,149,000 after buying an additional 1,504 shares during the last quarter. Finally, V Square Quantitative Management LLC lifted its position in shares of Verisk Analytics by 3.6% in the third quarter. V Square Quantitative Management LLC now owns 1,485 shares of the business services provider’s stock valued at $398,000 after buying an additional 52 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on VRSK shares. Royal Bank of Canada reissued an “outperform” rating and set a $300.00 price target on shares of Verisk Analytics in a report on Tuesday, January 7th. Barclays cut 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. BMO Capital Markets lifted their price target on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a report on Friday, November 1st. Morgan Stanley lifted their price target on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Finally, Robert W. Baird lifted their price target on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a report on Thursday, October 31st. Six research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $293.11.

Insider Activity

In other news, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction on Tuesday, January 7th. The stock was 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 in the company, valued at approximately $3,760,958.66. This trade represents a 7.88 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the business’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $280.71, for a total value of $280,710.00. Following the sale, the chief executive officer now owns 53,163 shares in the company, valued at $14,923,385.73. This represents a 1.85 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,469 shares of company stock worth $1,545,528. Insiders own 0.40% of the company’s stock.

Verisk Analytics Price Performance

Shares of NASDAQ VRSK opened at $293.48 on Friday. The stock has a market capitalization of $41.44 billion, a PE ratio of 45.78, a P/E/G ratio of 3.39 and a beta of 0.89. 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 business has a fifty day moving average price of $281.62 and a two-hundred day moving average price of $276.17. Verisk Analytics, Inc. has a fifty-two week low of $217.34 and a fifty-two week high of $296.94.

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 paid a $0.39 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.53%. Verisk Analytics’s payout ratio is 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.