Tranquility Partners LLC Sells 40 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Tranquility Partners LLC reduced its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,270 shares of the business services provider’s stock after selling 40 shares during the period. Tranquility Partners LLC’s holdings in Verisk Analytics were worth $876,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Marshall Financial Group LLC grew its stake in shares of 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 valued at $1,322,000 after purchasing an additional 38 shares during the period. Signaturefd LLC grew its position in Verisk Analytics by 1.5% during 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 period. Brookstone Capital Management increased its holdings in Verisk Analytics by 1.2% during the second quarter. Brookstone Capital Management now owns 3,517 shares of the business services provider’s stock valued at $982,000 after buying an additional 41 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in Verisk Analytics by 19.0% in the first quarter. EverSource Wealth Advisors LLC now owns 263 shares of the business services provider’s stock worth $57,000 after acquiring an additional 42 shares during the period. Finally, Ascent Group LLC boosted its stake in shares of Verisk Analytics by 1.8% during the 2nd quarter. Ascent Group LLC now owns 2,465 shares of the business services provider’s stock worth $664,000 after acquiring an additional 43 shares during the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Stock Down 0.2 %

Shares of NASDAQ VRSK opened at $280.36 on Tuesday. The firm’s 50-day moving average price is $271.45 and its 200-day moving average price is $267.37. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 8.36. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $291.42. The stock has a market capitalization of $39.59 billion, a price-to-earnings ratio of 43.74, a P/E/G ratio of 3.52 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share for the quarter, beating 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 firm had revenue of $725.30 million for the quarter, compared to the consensus estimate of $722.19 million. During the same quarter in the previous year, the company posted $1.52 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a dividend of $0.39 per share. The ex-dividend date is Friday, December 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 0.56%. Verisk Analytics’s dividend payout ratio is 24.34%.

Insider Transactions at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $286.49, for a total value of $57,298.00. Following the completion of the sale, the chief financial officer now directly owns 15,608 shares of the company’s stock, valued at $4,471,535.92. The trade was a 1.27 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Lee Shavel sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $280.71, for a total transaction of $280,710.00. Following the transaction, the chief executive officer now directly owns 53,163 shares in the company, valued at approximately $14,923,385.73. This trade represents a 1.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,400 shares of company stock worth $678,764. 0.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on VRSK. Evercore ISI reiterated an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research report on Wednesday, October 2nd. BMO Capital Markets boosted their price objective 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. Deutsche Bank Aktiengesellschaft increased their target price on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. Royal Bank of Canada lifted their price target on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, October 17th. Finally, Wells Fargo & Company upgraded shares of Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Verisk Analytics presently has an average rating of “Moderate Buy” and a consensus 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.