Exchange Traded Concepts LLC Has $3.11 Million Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Exchange Traded Concepts LLC cut its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 18.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,275 shares of the business services provider's stock after selling 2,530 shares during the period. Exchange Traded Concepts LLC's holdings in Verisk Analytics were worth $3,105,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Marshall Financial Group LLC increased its stake in 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 purchasing an additional 38 shares in the last quarter. Signaturefd LLC increased its position in shares of Verisk Analytics by 1.5% in the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider's stock valued at $693,000 after buying an additional 38 shares in the last quarter. Ascent Group LLC increased its position in shares of Verisk Analytics by 1.8% in the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider's stock valued at $664,000 after buying an additional 43 shares in the last quarter. Gateway Investment Advisers LLC raised its stake in Verisk Analytics by 0.8% during the 3rd quarter. Gateway Investment Advisers LLC now owns 5,109 shares of the business services provider's stock worth $1,369,000 after buying an additional 43 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its holdings in Verisk Analytics by 2.2% during the third quarter. Citizens Financial Group Inc. RI now owns 2,025 shares of the business services provider's stock worth $543,000 after acquiring an additional 43 shares in the last quarter. Institutional investors and hedge funds own 90.00% of the company's stock.

Verisk Analytics Stock Up 0.3 %

Shares of NASDAQ VRSK traded up $0.95 during trading hours on Friday, hitting $278.93. The company had a trading volume of 404,479 shares, compared to its average volume of 631,056. The stock has a market capitalization of $39.39 billion, a P/E ratio of 43.51, a price-to-earnings-growth ratio of 3.20 and a beta of 0.88. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58. The firm's 50 day moving average is $281.49 and its 200-day moving average is $274.97. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating 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 company had revenue of $725.30 million during the quarter, compared to the consensus estimate of $722.19 million. During the same quarter last year, the firm posted $1.52 EPS. The company's quarterly revenue was up 7.0% on a year-over-year basis. On average, analysts expect that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.39 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.56%. Verisk Analytics's payout ratio is 24.34%.

Analyst Ratings Changes

Several research firms recently commented on VRSK. Evercore ISI reaffirmed an "in-line" rating and issued a $279.00 price objective on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Robert W. Baird boosted their price target on Verisk Analytics from $285.00 to $301.00 and gave the company an "outperform" rating in a report on Thursday, October 31st. Morgan Stanley increased their price objective on Verisk Analytics from $283.00 to $300.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. Barclays cut Verisk Analytics from an "overweight" rating to an "equal weight" rating and set a $310.00 target price on the stock. in a research note on Friday, January 10th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $300.00 price target on shares of Verisk Analytics in a research note 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's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $293.11.

Insider Buying and Selling

In other news, insider Kathy Card Beckles sold 2,111 shares of the company's stock in a transaction that occurred on Friday, January 17th. The stock was sold at an average price of $282.06, for a total value of $595,428.66. Following the transaction, the insider now owns 9,066 shares of the company's stock, valued at approximately $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lee Shavel sold 1,000 shares of the 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 transaction, the chief executive officer now owns 54,163 shares in the company, valued at approximately $15,517,157.87. This trade represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,490 shares of company stock valued at $1,541,570. 0.40% of the stock is owned by insiders.

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.