Appleton Partners Inc. MA grew its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK – Free Report) by 9.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,222 shares of the business services provider’s stock after acquiring an additional 4,084 shares during the period. Appleton Partners Inc. MA’s holdings in Verisk Analytics were worth $10,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC raised its stake in shares of Verisk Analytics by 1,049.3% in the fourth quarter. SG Americas Securities LLC now owns 272,915 shares of the business services provider’s stock worth $61,048,000 after buying an additional 249,169 shares during the period. Elevation Wealth Partners LLC bought a new position in shares of Verisk Analytics during the 4th quarter valued at approximately $48,000. Marshall Financial Group LLC grew its stake in shares of Verisk Analytics by 315.7% during the 4th quarter. Marshall Financial Group LLC now owns 4,178 shares of the business services provider’s stock valued at $935,000 after acquiring an additional 3,173 shares during the period. Bennett Selby Investments LP increased its holdings in Verisk Analytics by 9.5% in the 4th quarter. Bennett Selby Investments LP now owns 1,323 shares of the business services provider’s stock worth $296,000 after acquiring an additional 115 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Verisk Analytics by 34.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,854 shares of the business services provider’s stock worth $8,600,000 after acquiring an additional 10,057 shares in the last quarter. 90.00% of the stock is currently owned by hedge funds and other institutional investors.
Verisk Analytics Trading Down 0.9%
VRSK opened at $199.85 on Tuesday. The stock has a 50-day moving average of $202.04 and a 200 day moving average of $220.67. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 10.42. Verisk Analytics, Inc. has a 12 month low of $164.60 and a 12 month high of $322.92. The firm has a market cap of $27.57 billion, a P/E ratio of 30.79, a P/E/G ratio of 2.53 and a beta of 0.81.
Verisk Analytics Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 13th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, March 13th. This is a boost from Verisk Analytics’s previous quarterly dividend of $0.45. Verisk Analytics’s payout ratio is currently 30.82%.
Verisk Analytics announced that its Board of Directors has initiated a stock buyback program on Wednesday, February 18th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the business services provider to reacquire up to 10.1% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.
Analysts Set New Price Targets
Several equities analysts have weighed in on the stock. Royal Bank Of Canada lowered their price target on shares of Verisk Analytics from $250.00 to $230.00 and set an “outperform” rating on the stock in a report on Thursday, February 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Capital One Financial set a $224.00 price objective on shares of Verisk Analytics in a research report on Thursday, March 5th. Wolfe Research restated an “outperform” rating on shares of Verisk Analytics in a research note on Monday, December 29th. Finally, Wells Fargo & Company upped their target price on shares of Verisk Analytics from $223.00 to $240.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $237.20.
Get Our Latest Report on Verisk Analytics
Insiders Place Their Bets
In other news, Director Christopher John Perry bought 1,000 shares of the stock in a transaction dated Friday, February 20th. The stock was purchased at an average price of $180.00 per share, for a total transaction of $180,000.00. Following the acquisition, the director owned 2,994 shares of the company’s stock, valued at $538,920. The trade was a 50.15% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Elizabeth Mann sold 400 shares of Verisk Analytics stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $204.71, for a total transaction of $81,884.00. Following the transaction, the chief financial officer directly owned 20,384 shares of the company’s stock, valued at approximately $4,172,808.64. This represents a 1.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.46% of the stock is owned by company insiders.
About Verisk Analytics
Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.
Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.
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