Curi RMB Capital LLC Sells 461 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Curi RMB Capital LLC reduced its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 96,219 shares of the business services provider’s stock after selling 461 shares during the quarter. Curi RMB Capital LLC’s holdings in Verisk Analytics were worth $25,783,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VRSK. International Assets Investment Management LLC acquired a new stake in shares of Verisk Analytics in the 2nd quarter valued at $31,000. Chilton Capital Management LLC acquired a new stake in Verisk Analytics in the second quarter valued at about $34,000. Ashton Thomas Securities LLC bought a new position in Verisk Analytics in the third quarter valued at about $34,000. Rothschild Investment LLC acquired a new position in Verisk Analytics during the second quarter worth about $41,000. Finally, Kings Path Partners LLC acquired a new position in Verisk Analytics during the second quarter worth about $46,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics 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 directly owns 15,808 shares in the company, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VRSK. Deutsche Bank Aktiengesellschaft lifted their price target 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. BMO Capital Markets upped their price target 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. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Robert W. Baird boosted their price objective on Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research report on Thursday, October 31st. Finally, Morgan Stanley increased their target price on Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $285.80.

Verisk Analytics Price Performance

Verisk Analytics stock opened at $290.04 on Thursday. The stock’s 50 day moving average is $270.87 and its 200 day moving average is $265.91. Verisk Analytics, Inc. has a one year low of $217.34 and a one year high of $291.42. The firm has a market cap of $40.96 billion, a P/E ratio of 45.25, a P/E/G ratio of 3.61 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 (NASDAQ:VRSK) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The firm had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same quarter in the previous year, the company earned $1.52 EPS. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. As a group, research analysts expect that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders 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 0.54%. The ex-dividend date is Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is presently 24.34%.

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.