New England Research & Management Inc. Acquires 5,400 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

New England Research & Management Inc. grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 85.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 11,700 shares of the business services provider’s stock after acquiring an additional 5,400 shares during the quarter. New England Research & Management Inc.’s holdings in Verisk Analytics were worth $973,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its holdings in shares of Verisk Analytics by 40.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after purchasing an additional 380 shares during the last quarter. Integrated Investment Consultants LLC grew its holdings in shares of Verisk Analytics by 45.8% in the second quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after purchasing an additional 418 shares during the last quarter. Huntington National Bank grew its holdings in shares of Verisk Analytics by 29.6% in the second quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after purchasing an additional 354 shares during the last quarter. Advisory Services Network LLC grew its holdings in shares of Verisk Analytics by 300.5% in the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after purchasing an additional 1,268 shares during the last quarter. Finally, Perigon Wealth Management LLC grew its holdings in shares of Verisk Analytics by 61.2% in the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after purchasing an additional 669 shares during the last quarter. 93.57% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have issued reports on VRSK. Goldman Sachs Group, Inc. (The) began coverage on shares of Verisk Analytics in a report on Wednesday. They set a “neutral” rating and a $89.00 target price on the stock. Morgan Stanley reiterated an “equal weight” rating and set a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a report on Wednesday, November 1st. SunTrust Banks, Inc. restated a “hold” rating and issued a $85.00 price target on shares of Verisk Analytics in a report on Wednesday, November 1st. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $92.00 price target on shares of Verisk Analytics in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $88.29.

In other Verisk Analytics news, Director David B. Wright sold 10,000 shares of Verisk Analytics stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the sale, the director now owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction on Friday, September 8th. The stock was sold at an average price of $82.50, for a total transaction of $247,500.00. Following the sale, the director now directly owns 105,525 shares in the company, valued at approximately $8,705,812.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 318,146 shares of company stock worth $27,443,084. 3.41% of the stock is currently owned by corporate insiders.

Verisk Analytics, Inc. (NASDAQ VRSK) traded down $0.61 during trading hours on Friday, hitting $90.21. 889,500 shares of the stock traded hands, compared to its average volume of 804,672. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. The stock has a market cap of $14,957.32, a price-to-earnings ratio of 28.38, a price-to-earnings-growth ratio of 3.22 and a beta of 0.76. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $92.92.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The firm had revenue of $549.10 million for the quarter, compared to analysts’ expectations of $527.97 million. During the same quarter last year, the company earned $0.84 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. equities research analysts forecast that Verisk Analytics, Inc. will post 3.17 EPS for the current year.

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Verisk Analytics Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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

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