Quotient Wealth Partners LLC Cuts Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Quotient Wealth Partners LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 21.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 784 shares of the business services provider’s stock after selling 210 shares during the period. Quotient Wealth Partners LLC’s holdings in Verisk Analytics were worth $216,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VRSK. Sugarloaf Wealth Management LLC acquired a new position in Verisk Analytics during the 4th quarter valued at approximately $28,000. Ashton Thomas Securities LLC acquired a new position in Verisk Analytics during the third quarter valued at $34,000. Carolina Wealth Advisors LLC acquired a new stake in Verisk Analytics during the 3rd quarter worth about $50,000. Crews Bank & Trust purchased a new position in shares of Verisk Analytics during the 4th quarter valued at about $55,000. Finally, Catalyst Capital Advisors LLC lifted its holdings in Verisk Analytics by 101.5% in the third quarter. Catalyst Capital Advisors LLC now owns 276 shares of the business services provider’s stock valued at $74,000 after acquiring an additional 139 shares during the period. 90.00% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics Stock Performance

NASDAQ VRSK opened at $294.00 on Tuesday. The company has a fifty day moving average of $281.33 and a two-hundred day moving average of $275.69. 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 1 year low of $217.34 and a 1 year high of $296.58. The company has a market capitalization of $41.52 billion, a PE ratio of 45.87, a P/E/G ratio of 3.39 and a beta of 0.89.

Verisk Analytics Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a yield of 0.53%. Verisk Analytics’s payout ratio is 24.34%.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, Director Bruce Edward Hansen sold 1,179 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $272.81, for a total transaction of $321,642.99. Following the sale, the director now directly owns 13,786 shares in the company, valued at approximately $3,760,958.66. The trade was a 7.88 % 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, insider Kathy Card Beckles sold 2,111 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $282.06, for a total transaction of $595,428.66. Following the completion of the sale, the insider now owns 9,066 shares in the company, valued at $2,557,155.96. This represents a 18.89 % decrease in their ownership of the stock. 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 three months. Insiders own 0.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $300.00 price target on shares of Verisk Analytics in a research note on Tuesday, January 7th. Robert W. Baird increased 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 lifted their target price on shares of Verisk Analytics from $283.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 12th. BMO Capital Markets upped their price target on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research note on Friday, November 1st. Finally, Barclays cut shares of Verisk Analytics from an “overweight” rating to an “equal weight” rating and set a $310.00 price objective for the company. in a research report on Friday, January 10th. 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. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $293.11.

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.