AE Wealth Management LLC Sells 2,761 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

AE Wealth Management LLC cut its stake in Verisk Analytics, Inc. (NASDAQ:VRSKGet Rating) by 15.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,822 shares of the business services provider’s stock after selling 2,761 shares during the period. AE Wealth Management LLC’s holdings in Verisk Analytics were worth $2,528,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of VRSK. Jones Financial Companies Lllp raised its stake in shares of Verisk Analytics by 140.8% in the second quarter. Jones Financial Companies Lllp now owns 171 shares of the business services provider’s stock worth $30,000 after acquiring an additional 100 shares during the last quarter. Salem Investment Counselors Inc. bought a new position in shares of Verisk Analytics in the second quarter worth about $30,000. Private Trust Co. NA acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $33,000. Lindbrook Capital LLC grew its position in shares of Verisk Analytics by 257.1% during the 2nd quarter. Lindbrook Capital LLC now owns 275 shares of the business services provider’s stock worth $48,000 after buying an additional 198 shares during the period. Finally, Total Clarity Wealth Management Inc. acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $69,000. 89.89% of the stock is owned by institutional investors.

Verisk Analytics Stock Up 2.9 %

Verisk Analytics stock opened at $182.88 on Monday. The stock has a market capitalization of $28.60 billion, a PE ratio of 28.40, a price-to-earnings-growth ratio of 2.93 and a beta of 0.82. Verisk Analytics, Inc. has a twelve month low of $156.05 and a twelve month high of $222.11. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 1.17. The company has a 50 day moving average of $177.49 and a 200-day moving average of $180.80.

Verisk Analytics (NASDAQ:VRSKGet Rating) last released its quarterly earnings results on Tuesday, November 1st. The business services provider reported $1.46 earnings per share for the quarter, meeting the consensus estimate of $1.46. The company had revenue of $745.30 million during the quarter, compared to analysts’ expectations of $757.80 million. Verisk Analytics had a net margin of 34.12% and a return on equity of 37.62%. During the same quarter in the prior year, the company earned $1.44 earnings per share. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post 5.51 EPS for the current fiscal year.

Verisk Analytics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 30th. Stockholders of record on Thursday, December 15th were given a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date was Wednesday, December 14th. Verisk Analytics’s dividend payout ratio is presently 19.25%.

Analysts Set New Price Targets

VRSK has been the subject of several analyst reports. Robert W. Baird lowered their price target on shares of Verisk Analytics from $220.00 to $201.00 in a research report on Thursday, November 3rd. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Verisk Analytics from $227.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, October 24th. Jefferies Financial Group reiterated a “buy” rating and set a $210.00 price target on shares of Verisk Analytics in a research report on Tuesday, October 25th. BMO Capital Markets lowered their price target on shares of Verisk Analytics from $184.00 to $173.00 and set a “market perform” rating for the company in a research report on Thursday, November 3rd. Finally, Barclays boosted their price objective on shares of Verisk Analytics from $200.00 to $220.00 and gave the company an “overweight” rating in a report on Friday, December 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $196.36.

Insider Transactions at Verisk Analytics

In other news, Director David B. Wright sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 30th. The shares were sold at an average price of $182.88, for a total value of $731,520.00. Following the sale, the director now owns 9,710 shares of the company’s stock, valued at $1,775,764.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.78% of the stock is currently owned by insiders.

Verisk Analytics Company Profile

(Get Rating)

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence, economic forecasting, commercial banking and finance, and various other fields.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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