Matauro LLC Invests $392,000 in Verisk Analytics, Inc. (NASDAQ:VRSK)

Matauro LLC bought a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,422 shares of the business services provider’s stock, valued at approximately $392,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Signaturefd LLC raised its position in Verisk Analytics by 1.5% during the 3rd quarter. Signaturefd LLC now owns 2,586 shares of the business services provider’s stock worth $693,000 after purchasing an additional 38 shares during the last quarter. Citizens Financial Group Inc. RI lifted its stake in shares of Verisk Analytics by 2.2% in 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 during the period. Ascent Group LLC raised its holdings in Verisk Analytics by 1.7% during the 3rd quarter. Ascent Group LLC now owns 2,508 shares of the business services provider’s stock worth $672,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in shares of Verisk Analytics by 5.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 897 shares of the business services provider’s stock worth $247,000 after purchasing an additional 43 shares during the period. Finally, Rehmann Capital Advisory Group boosted its stake in shares of Verisk Analytics by 4.8% in the 3rd quarter. Rehmann Capital Advisory Group now owns 974 shares of the business services provider’s stock valued at $264,000 after purchasing an additional 45 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $295.11 on Friday. 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 company has a fifty day simple moving average of $282.65 and a 200 day simple moving average of $277.16. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $296.94. The company has a market cap of $41.67 billion, a P/E ratio of 46.04, a PEG ratio of 3.37 and a beta of 0.89.

Verisk Analytics Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.53%. The ex-dividend date of this dividend was Friday, December 13th. Verisk Analytics’s payout ratio is presently 24.34%.

Analyst Ratings Changes

Several equities analysts recently issued reports on VRSK shares. Barclays lowered shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 target price on the stock. in a report on Friday, January 10th. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price objective on shares of Verisk Analytics in a research note on Tuesday, January 7th. Wells Fargo & Company lifted their target price on Verisk Analytics from $313.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday. Morgan Stanley increased their price target on Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a report on Thursday, December 12th. Finally, BMO Capital Markets lifted their price objective on shares of Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Verisk Analytics currently has a consensus rating of “Hold” and a consensus target price of $295.33.

Insider Buying and Selling

In related news, Director Bruce Edward Hansen sold 1,179 shares of the company’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $294.95, for a total transaction of $347,746.05. Following the completion of the sale, the director now owns 13,786 shares in the company, valued at approximately $4,066,180.70. This represents a 7.88 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Kathy Card Beckles sold 2,111 shares of the firm’s stock in a transaction on Friday, January 17th. The shares were 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 in the company, valued at approximately $2,557,155.96. This trade represents a 18.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 4,469 shares of company stock worth $1,264,818 in the last quarter. Insiders own 0.40% of the company’s stock.

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.