Rockefeller Capital Management L.P. Decreases Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Rockefeller Capital Management L.P. trimmed its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,696 shares of the business services provider’s stock after selling 1,791 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Verisk Analytics were worth $10,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Marshall Financial Group LLC lifted its position in Verisk Analytics by 0.8% during the 3rd quarter. Marshall Financial Group LLC now owns 4,932 shares of the business services provider’s stock worth $1,322,000 after acquiring an additional 38 shares during the period. Signaturefd LLC boosted its position in Verisk Analytics by 1.5% in the third 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 during the last quarter. Brookstone Capital Management increased its holdings in Verisk Analytics by 1.2% in the 2nd quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock worth $982,000 after buying an additional 41 shares during the period. EverSource Wealth Advisors LLC raised its position in Verisk Analytics by 19.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after buying an additional 42 shares during the last quarter. Finally, Ascent Group LLC lifted its stake in Verisk Analytics by 1.8% during the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock valued at $664,000 after acquiring an additional 43 shares during the period. 90.00% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CEO Lee Shavel sold 1,000 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $286,490.00. Following the transaction, the chief executive officer now directly owns 54,163 shares of the company’s stock, valued at $15,517,157.87. This trade represents a 1.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Elizabeth Mann sold 200 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 value of $57,298.00. Following the transaction, the chief financial officer now owns 15,608 shares in the company, valued at approximately $4,471,535.92. This represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,400 shares of company stock worth $678,764. Corporate insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Performance

VRSK opened at $292.70 on Tuesday. The firm’s fifty day simple moving average is $275.42 and its two-hundred day simple moving average is $270.24. Verisk Analytics, Inc. has a 52-week low of $217.34 and a 52-week high of $296.58. The company has a market cap of $41.33 billion, a price-to-earnings ratio of 45.66, a PEG ratio of 3.69 and a beta of 0.87. 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) last posted its quarterly earnings data on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $722.19 million. During the same period in the previous year, the firm posted $1.52 EPS. Verisk Analytics’s revenue was up 7.0% compared to the same quarter last year. Equities analysts anticipate that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be 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 is Friday, December 13th. Verisk Analytics’s payout ratio is 24.34%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Robert W. Baird increased their price objective on shares of Verisk Analytics from $285.00 to $301.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. BMO Capital Markets upped their price objective 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 raised their price objective on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Finally, Evercore ISI restated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Verisk Analytics currently has an average rating of “Moderate Buy” and an average price target of $285.80.

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.