Verisk Analytics, Inc. (NASDAQ:VRSK) Holdings Cut by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC trimmed its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 25.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,925 shares of the business services provider’s stock after selling 4,428 shares during the quarter. Verisk Analytics comprises 1.0% of Hollow Brook Wealth Management LLC’s portfolio, making the stock its 29th largest position. Hollow Brook Wealth Management LLC’s holdings in Verisk Analytics were worth $3,463,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VRSK. International Assets Investment Management LLC acquired a new position in shares of Verisk Analytics during the 2nd quarter valued at $31,000. Chilton Capital Management LLC bought a new stake in Verisk Analytics in the second quarter worth about $34,000. Ashton Thomas Securities LLC acquired a new stake in Verisk Analytics in the 3rd quarter valued at about $34,000. Rothschild Investment LLC bought a new position in shares of Verisk Analytics during the 2nd quarter valued at about $41,000. Finally, Kings Path Partners LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $46,000. Institutional investors and hedge funds own 90.00% of the company’s stock.

Verisk Analytics Stock Performance

VRSK opened at $294.21 on Monday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 8.36. The stock’s 50 day moving average price is $275.42 and its two-hundred day moving average price is $270.24. The firm has a market capitalization of $41.55 billion, a P/E ratio of 45.90, a price-to-earnings-growth ratio of 3.69 and a beta of 0.86. Verisk Analytics, Inc. has a 12-month low of $217.34 and a 12-month high of $296.58.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Wednesday, October 30th. The business services provider reported $1.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.07. The business had revenue of $725.30 million for the quarter, compared to analyst estimates of $722.19 million. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. Verisk Analytics’s revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.52 earnings per share. On average, equities analysts forecast that Verisk Analytics, Inc. will post 6.63 earnings per share for the current year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a yield of 0.53%. Verisk Analytics’s payout ratio is 24.34%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Robert W. Baird increased their target price on shares of Verisk Analytics from $285.00 to $301.00 and gave the company an “outperform” rating in a research note on Thursday, October 31st. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Royal Bank of Canada lifted their target price on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, October 17th. Barclays upped their price target 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. Finally, BMO Capital Markets lifted their price objective on Verisk Analytics from $263.00 to $276.00 and gave the company a “market perform” rating in a research report on Friday, November 1st. Six investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $285.80.

Insiders Place Their Bets

In related news, CEO Lee Shavel sold 1,000 shares of the business’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 completion of the transaction, the chief executive officer now owns 54,163 shares in the company, valued at $15,517,157.87. The trade was a 1.81 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction on 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. This trade represents a 1.27 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,400 shares of company stock valued at $678,764. 0.40% of the stock is currently owned by corporate insiders.

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.