Sanctuary Advisors LLC Has $7.45 Million Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Sanctuary Advisors LLC raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 188.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,637 shares of the business services provider's stock after purchasing an additional 16,742 shares during the quarter. Sanctuary Advisors LLC's holdings in Verisk Analytics were worth $7,454,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in VRSK. Icon Wealth Advisors LLC lifted its position in Verisk Analytics by 899.1% during the third quarter. Icon Wealth Advisors LLC now owns 11,919 shares of the business services provider's stock worth $2,913,000 after acquiring an additional 10,726 shares during the last quarter. KBC Group NV raised its holdings in shares of Verisk Analytics by 15.3% during the 3rd quarter. KBC Group NV now owns 35,908 shares of the business services provider's stock worth $9,622,000 after buying an additional 4,767 shares in the last quarter. Point72 Hong Kong Ltd lifted its holdings in shares of Verisk Analytics by 479.1% in the third quarter. Point72 Hong Kong Ltd now owns 16,853 shares of the business services provider's stock worth $4,516,000 after acquiring an additional 13,943 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Verisk Analytics by 5.7% in the 3rd quarter. CIBC Asset Management Inc now owns 44,290 shares of the business services provider's stock valued at $11,868,000 after purchasing an additional 2,374 shares during the last quarter. Finally, Royal London Asset Management Ltd. increased its stake in shares of Verisk Analytics by 16.9% in the third quarter. Royal London Asset Management Ltd. now owns 63,217 shares of the business services provider's stock valued at $16,940,000 after buying an additional 9,145 shares during the period. Institutional investors and hedge funds own 90.00% of the company's stock.

Verisk Analytics Stock Performance

Shares of NASDAQ:VRSK traded down $1.56 on Friday, hitting $283.35. 530,250 shares of the company were exchanged, compared to its average volume of 617,693. Verisk Analytics, Inc. has a 1-year low of $217.34 and a 1-year high of $296.58. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. The stock's 50 day moving average price is $279.60 and its 200 day moving average price is $272.64. The firm has a market capitalization of $40.01 billion, a P/E ratio of 44.20, a price-to-earnings-growth ratio of 3.55 and a beta of 0.87.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings data 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. Verisk Analytics had a return on equity of 274.13% and a net margin of 32.65%. The company had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. During the same quarter last year, the firm posted $1.52 EPS. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. Sell-side analysts predict that Verisk Analytics, Inc. will post 6.63 EPS for the current year.

Verisk Analytics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Friday, December 13th. Verisk Analytics's payout ratio is currently 24.34%.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 200 shares of the firm's stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares in the company, valued at approximately $4,289,184.64. This trade represents a 1.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Lee Shavel sold 1,000 shares of the company's stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $286.49, for a total transaction of $286,490.00. Following the transaction, the chief executive officer now owns 54,163 shares of the company's stock, valued at $15,517,157.87. This represents a 1.81 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,400 shares of company stock worth $678,764 over the last 90 days. 0.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Evercore ISI reissued an "in-line" rating and issued a $279.00 price objective on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Robert W. Baird raised their price objective on Verisk Analytics from $285.00 to $301.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. 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 boosted their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the company an "equal weight" rating in a research note on Thursday. Finally, Barclays boosted their price objective on Verisk Analytics from $275.00 to $310.00 and gave the company an "overweight" rating in a research note on Friday, September 13th. Six equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $289.80.

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.