Rhumbline Advisers decreased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,138 shares of the business services provider’s stock after selling 1,498 shares during the quarter. Rhumbline Advisers owned about 0.19% of Verisk Analytics worth $25,717,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of the business. Parkside Financial Bank & Trust lifted its position in shares of Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after acquiring an additional 380 shares during the period. Huntington National Bank lifted its position in shares of Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after acquiring an additional 354 shares during the period. Advisory Services Network LLC lifted its position in shares of Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after acquiring an additional 1,268 shares during the period. Perigon Wealth Management LLC lifted its position in shares of Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after acquiring an additional 669 shares during the period. Finally, BB&T Investment Services Inc. bought a new stake in shares of Verisk Analytics during the 2nd quarter valued at $153,000. 93.27% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) traded up $0.37 during trading hours on Monday, reaching $96.01. The company had a trading volume of 877,075 shares, compared to its average volume of 812,341. 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 $15,751.13, a P/E ratio of 29.89, a PEG ratio of 3.40 and a beta of 0.80. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $98.60.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.06. The business had revenue of $549.10 million for the quarter, compared to analysts’ expectations of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.84 EPS. equities research analysts anticipate that Verisk Analytics, Inc. will post 3.17 earnings per share for the current fiscal year.
In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $92.72, for a total value of $278,160.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew G. Mills sold 1,232 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $82.50, for a total transaction of $101,640.00. Following the sale, the director now directly owns 104,293 shares of the company’s stock, valued at approximately $8,604,172.50. The disclosure for this sale can be found here. Insiders have sold a total of 321,146 shares of company stock worth $27,721,244 over the last three months. Insiders own 3.41% of the company’s stock.
Several analysts recently weighed in on the company. BMO Capital Markets upped their price objective on Verisk Analytics from $83.00 to $91.00 and gave the stock a “market perform” rating in a research report on Thursday, November 2nd. Credit Suisse Group increased their price target on Verisk Analytics from $85.00 to $92.00 and gave the stock a “neutral” rating in a report on Thursday, November 2nd. Morgan Stanley raised their target price on Verisk Analytics from $82.00 to $83.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd. SunTrust Banks restated a “hold” rating and issued a $85.00 target price on shares of Verisk Analytics in a report on Wednesday, November 1st. Finally, Goldman Sachs Group started coverage on Verisk Analytics in a report on Wednesday, November 8th. They issued a “neutral” rating and a $89.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $89.07.
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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.
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