Tranquility Partners LLC Has $879,000 Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Tranquility Partners LLC lowered its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,191 shares of the business services provider’s stock after selling 79 shares during the quarter. Tranquility Partners LLC’s holdings in Verisk Analytics were worth $879,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its stake in shares of Verisk Analytics by 217.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 22,126 shares of the business services provider’s stock worth $6,049,000 after buying an additional 15,149 shares during the last quarter. Marks Group Wealth Management Inc increased its holdings in Verisk Analytics by 1.3% in the 4th quarter. Marks Group Wealth Management Inc now owns 11,573 shares of the business services provider’s stock worth $3,188,000 after purchasing an additional 151 shares in the last quarter. Community Financial Services Group LLC raised its position in Verisk Analytics by 4.3% in the fourth quarter. Community Financial Services Group LLC now owns 13,979 shares of the business services provider’s stock valued at $3,850,000 after purchasing an additional 570 shares during the last quarter. Index Fund Advisors Inc. acquired a new stake in shares of Verisk Analytics during the fourth quarter valued at about $205,000. Finally, Summit Trail Advisors LLC grew its holdings in shares of Verisk Analytics by 18.9% during the fourth quarter. Summit Trail Advisors LLC now owns 1,071 shares of the business services provider’s stock worth $295,000 after purchasing an additional 170 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Robert W. Baird boosted their target price 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. BMO Capital Markets raised their target price on Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research report on Friday, November 1st. Barclays lowered Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price target on the stock. in a research report on Friday, January 10th. Morgan Stanley raised their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 12th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $300.00 target price on shares of Verisk Analytics in a report on Tuesday, January 7th. Six research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $293.11.

Insider Buying and Selling

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the business’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 transaction of $286,490.00. Following the completion of the sale, the chief executive officer now directly owns 54,163 shares of the company’s stock, valued at approximately $15,517,157.87. The trade was a 1.81 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Bruce Edward Hansen sold 1,179 shares of the firm’s 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 completion of the transaction, the director now owns 13,786 shares in the company, valued at $3,760,958.66. This represents a 7.88 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 6,669 shares of company stock worth $1,889,316 in the last ninety days. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Down 0.4 %

Shares of NASDAQ VRSK opened at $293.06 on Thursday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The firm has a market cap of $41.38 billion, a PE ratio of 45.72, a P/E/G ratio of 3.39 and a beta of 0.89. The company’s fifty day simple moving average is $281.46 and its 200 day simple moving average is $275.92. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $296.58.

Verisk Analytics Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

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.