OLD Mission Capital LLC bought a new position in shares of Verisk Analytics (NASDAQ:VRSK) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,528 shares of the business services provider’s stock, valued at approximately $531,000.
Several other large investors also recently modified their holdings of VRSK. Canada Pension Plan Investment Board increased its holdings in Verisk Analytics by 26,666.7% during the third quarter. Canada Pension Plan Investment Board now owns 4,818 shares of the business services provider’s stock valued at $401,000 after buying an additional 4,800 shares during the period. Prudential Financial Inc. increased its holdings in Verisk Analytics by 0.4% during the third quarter. Prudential Financial Inc. now owns 215,086 shares of the business services provider’s stock valued at $17,893,000 after buying an additional 930 shares during the period. Global X MANAGEMENT CO LLC increased its holdings in Verisk Analytics by 13.5% during the third quarter. Global X MANAGEMENT CO LLC now owns 4,885 shares of the business services provider’s stock valued at $406,000 after buying an additional 580 shares during the period. Sei Investments Co. increased its holdings in Verisk Analytics by 77.1% during the third quarter. Sei Investments Co. now owns 71,678 shares of the business services provider’s stock valued at $5,963,000 after buying an additional 31,207 shares during the period. Finally, Retirement Systems of Alabama increased its holdings in Verisk Analytics by 1.1% during the third quarter. Retirement Systems of Alabama now owns 75,401 shares of the business services provider’s stock valued at $6,273,000 after buying an additional 845 shares during the period. 92.45% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have issued reports on the stock. BidaskClub lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a report on Thursday, January 11th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $102.00 price target (up from $100.00) on shares of Verisk Analytics in a report on Thursday, February 22nd. ValuEngine raised shares of Verisk Analytics from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. SunTrust Banks lifted their price objective on shares of Verisk Analytics to $105.00 and gave the stock a “hold” rating in a research note on Thursday, February 22nd. Finally, Wells Fargo reiterated an “outperform” rating and set a $115.00 price objective (up from $105.00) on shares of Verisk Analytics in a research note on Thursday, February 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. Verisk Analytics has an average rating of “Buy” and an average price target of $103.07.
In other Verisk Analytics news, EVP Kenneth E. Thompson sold 60,569 shares of the company’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $105.15, for a total value of $6,368,830.35. Following the completion of the transaction, the executive vice president now owns 67,551 shares in the company, valued at $7,102,987.65. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John F. Lehman sold 7,107 shares of the company’s stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $105.37, for a total transaction of $748,864.59. Following the completion of the transaction, the director now owns 106,656 shares of the company’s stock, valued at approximately $11,238,342.72. The disclosure for this sale can be found here. Over the last 90 days, insiders have purchased 1,141 shares of company stock valued at $112,216 and have sold 401,642 shares valued at $41,814,853. Insiders own 3.41% of the company’s stock.
NASDAQ VRSK traded down $1.32 on Friday, reaching $104.13. 1,254,912 shares of the company’s stock traded hands, compared to its average volume of 747,553. The company has a market capitalization of $17,195.71, a PE ratio of 32.44, a P/E/G ratio of 2.39 and a beta of 0.67. Verisk Analytics has a fifty-two week low of $75.60 and a fifty-two week high of $106.07. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.56. The company had revenue of $570.30 million during the quarter, compared to the consensus estimate of $557.09 million. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The firm’s quarterly revenue was up 12.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.80 earnings per share. research analysts expect that Verisk Analytics will post 3.97 earnings per share for the current year.
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Verisk Analytics Profile
Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.
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