Brooklyn Investment Group Has $226,000 Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Brooklyn Investment Group raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 11.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 822 shares of the business services provider’s stock after purchasing an additional 84 shares during the quarter. Brooklyn Investment Group’s holdings in Verisk Analytics were worth $226,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. FMR LLC grew its holdings in Verisk Analytics by 6.5% during the third quarter. FMR LLC now owns 4,618,971 shares of the business services provider’s stock valued at $1,237,700,000 after purchasing an additional 283,653 shares during the period. Legal & General Group Plc boosted its position in shares of Verisk Analytics by 7.4% during the second quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider’s stock worth $436,204,000 after purchasing an additional 111,364 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Verisk Analytics by 6.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,231,201 shares of the business services provider’s stock valued at $331,476,000 after buying an additional 78,376 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Verisk Analytics by 1.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 801,150 shares of the business services provider’s stock valued at $214,676,000 after buying an additional 8,262 shares in the last quarter. Finally, Two Sigma Advisers LP raised its stake in 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 buying an additional 195,700 shares during the period. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Up 0.0 %

Verisk Analytics stock opened at $278.55 on Friday. The company has a market cap of $39.33 billion, a price-to-earnings ratio of 43.46, a P/E/G ratio of 3.08 and a beta of 0.88. The firm has a 50-day moving average of $282.19 and a 200-day moving average of $274.78. 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 one year low of $217.34 and a one year high of $296.58.

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

Verisk Analytics Dividend Announcement

The company also recently declared 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. This represents a $1.56 annualized dividend and a yield of 0.56%. The ex-dividend date was Friday, December 13th. Verisk Analytics’s dividend payout ratio (DPR) is currently 24.34%.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $286.49, for a total value of $286,490.00. Following the sale, the chief executive officer now owns 54,163 shares in the company, valued at $15,517,157.87. This represents a 1.81 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Bruce Edward Hansen sold 1,179 shares of Verisk Analytics stock in a transaction that occurred 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 of the company’s stock, valued at $3,760,958.66. This represents a 7.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,379 shares of company stock worth $946,141 over the last quarter. 0.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

VRSK has been the subject of several recent analyst reports. Barclays downgraded 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 raised 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. Morgan Stanley upped their price target on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Robert W. Baird raised their price objective 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, Evercore ISI reaffirmed an “in-line” rating and issued a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Six 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. According to MarketBeat, Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $293.11.

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.