Verisk Analytics, Inc. (VRSK) Holdings Lifted by 1st Global Advisors Inc.

1st Global Advisors Inc. boosted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,002 shares of the business services provider’s stock after acquiring an additional 17 shares during the period. 1st Global Advisors Inc.’s holdings in Verisk Analytics were worth $1,603,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Sterling Capital Management LLC lifted its holdings in Verisk Analytics by 1.8% during the second quarter. Sterling Capital Management LLC now owns 934,587 shares of the business services provider’s stock worth $78,851,000 after acquiring an additional 16,277 shares in the last quarter. BB&T Investment Services Inc. bought a new position in Verisk Analytics during the second quarter worth about $153,000. Nomura Holdings Inc. lifted its holdings in Verisk Analytics by 225.5% during the second quarter. Nomura Holdings Inc. now owns 16,124 shares of the business services provider’s stock worth $1,360,000 after acquiring an additional 11,170 shares in the last quarter. DF Dent & Co. Inc. lifted its holdings in Verisk Analytics by 20.4% during the second quarter. DF Dent & Co. Inc. now owns 1,457,631 shares of the business services provider’s stock worth $122,980,000 after acquiring an additional 247,026 shares in the last quarter. Finally, Atlanta Capital Management Co. L L C lifted its holdings in Verisk Analytics by 29.3% during the second quarter. Atlanta Capital Management Co. L L C now owns 437,688 shares of the business services provider’s stock worth $36,928,000 after acquiring an additional 99,151 shares in the last quarter. Hedge funds and other institutional investors own 93.28% of the company’s stock.

Several research analysts have weighed in on VRSK shares. BMO Capital Markets reiterated a “hold” rating and set a $83.00 target price on shares of Verisk Analytics in a report on Friday, September 15th. Zacks Investment Research lowered Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Royal Bank Of Canada reiterated a “hold” rating on shares of Verisk Analytics in a report on Friday, August 4th. Credit Suisse Group reiterated a “neutral” rating and set a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Finally, Keefe, Bruyette & Woods set a $90.00 target price on Verisk Analytics and gave the stock a “buy” rating in a report on Monday, August 21st. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $84.83.

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In related news, Director Christopher M. Foskett sold 1,304 shares of the firm’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total value of $107,527.84. Following the transaction, the director now owns 9,989 shares of the company’s stock, valued at approximately $823,692.94. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the transaction, 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 sold 17,304 shares of company stock worth $1,410,728. 3.41% of the stock is owned by insiders.

Verisk Analytics, Inc. (NASDAQ VRSK) traded up 0.75% during mid-day trading on Friday, hitting $84.45. The company’s stock had a trading volume of 126,501 shares. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $88.17. The firm has a 50 day moving average of $81.98 and a 200-day moving average of $81.96. The firm has a market cap of $13.90 billion, a price-to-earnings ratio of 30.70 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business had revenue of $523.20 million for the quarter, compared to analysts’ expectations of $519.67 million. During the same quarter last year, the firm earned $0.73 EPS. The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. On average, equities research analysts expect that Verisk Analytics, Inc. will post $3.13 EPS for the current fiscal year.

About Verisk Analytics

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

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