Gilbert & Cook Inc. Sells 67 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Gilbert & Cook Inc. decreased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,766 shares of the business services provider’s stock after selling 67 shares during the quarter. Gilbert & Cook Inc.’s holdings in Verisk Analytics were worth $741,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Verisk Analytics in the second quarter worth $31,000. Chilton Capital Management LLC acquired a new stake in shares of Verisk Analytics in the second quarter worth $34,000. Ashton Thomas Securities LLC acquired a new stake in shares of Verisk Analytics in the third quarter worth $34,000. Rothschild Investment LLC acquired a new stake in shares of Verisk Analytics in the second quarter worth $41,000. Finally, Kings Path Partners LLC acquired a new stake in shares of Verisk Analytics in the second quarter worth $46,000. Institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Down 1.9 %

Shares of NASDAQ:VRSK opened at $280.80 on Friday. Verisk Analytics, Inc. has a 52 week low of $217.34 and a 52 week high of $291.42. The company has a debt-to-equity ratio of 8.36, a quick ratio of 0.82 and a current ratio of 0.82. The company’s fifty day moving average is $271.31 and its 200-day moving average is $266.80. The company has a market capitalization of $39.65 billion, a PE ratio of 43.81, a P/E/G ratio of 3.52 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Wednesday, October 30th. The business services provider reported $1.67 EPS for the quarter, beating the consensus estimate of $1.60 by $0.07. Verisk Analytics had a net margin of 32.65% and a return on equity of 274.13%. The company 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 earned $1.52 EPS. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. Equities research analysts predict that Verisk Analytics, Inc. will post 6.63 earnings per share for the current fiscal year.

Verisk Analytics Dividend Announcement

The company 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 $0.39 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.56 annualized dividend and a dividend yield of 0.56%. Verisk Analytics’s dividend payout ratio is presently 24.34%.

Insider Activity

In related news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the completion of the transaction, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. The trade was a 1.25 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on VRSK. Morgan Stanley raised their price objective on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. 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. Royal Bank of Canada raised their price objective on shares of Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, October 17th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research note on Thursday, August 1st. Finally, BMO Capital Markets lifted their price target on shares of Verisk Analytics from $263.00 to $276.00 and gave the stock a “market perform” rating in a research note on Friday, November 1st. Six analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Verisk Analytics presently has a consensus rating of “Moderate Buy” and a consensus price target of $285.80.

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.