Hengehold Capital Management LLC lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,774 shares of the business services provider’s stock after acquiring an additional 156 shares during the quarter. Hengehold Capital Management LLC’s holdings in Verisk Analytics were worth $265,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citizens Financial Group Inc RI lifted its stake in Verisk Analytics by 99.1% during the third quarter. Citizens Financial Group Inc RI now owns 233 shares of the business services provider’s stock worth $37,000 after purchasing an additional 116 shares during the last quarter. Stifel Financial Corp lifted its position in shares of Verisk Analytics by 27.6% in the 3rd quarter. Stifel Financial Corp now owns 80,776 shares of the business services provider’s stock worth $12,747,000 after buying an additional 17,484 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in shares of Verisk Analytics by 97.9% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 133,400 shares of the business services provider’s stock worth $21,096,000 after buying an additional 66,000 shares during the last quarter. National Pension Service boosted its holdings in shares of Verisk Analytics by 5.0% in the 3rd quarter. National Pension Service now owns 231,115 shares of the business services provider’s stock valued at $36,549,000 after buying an additional 11,059 shares during the period. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Verisk Analytics by 3.7% in the 3rd quarter. Great West Life Assurance Co. Can now owns 144,348 shares of the business services provider’s stock valued at $22,832,000 after buying an additional 5,131 shares during the period. Institutional investors and hedge funds own 90.13% of the company’s stock.
Several research firms recently weighed in on VRSK. Robert W. Baird reiterated an “outperform” rating and set a $184.00 price objective (up previously from $165.00) on shares of Verisk Analytics in a research note on Wednesday. William Blair restated an “outperform” rating on shares of Verisk Analytics in a research note on Thursday, October 31st. BidaskClub upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a research note on Friday. Jefferies Financial Group started coverage on Verisk Analytics in a report on Wednesday, November 27th. They set a “buy” rating and a $174.00 target price for the company. Finally, Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating and set a $162.00 price target on the stock. in a research report on Monday, January 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company. Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $158.00.
In other news, VP Vincent De P. Mccarthy sold 3,591 shares of the stock in a transaction on Friday, November 1st. The stock was sold at an average price of $144.79, for a total value of $519,940.89. Following the completion of the transaction, the vice president now owns 36,033 shares of the company’s stock, valued at $5,217,218.07. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Mark V. Anquillare sold 26,250 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $140.45, for a total value of $3,686,812.50. Following the transaction, the chief operating officer now directly owns 87,776 shares in the company, valued at $12,328,139.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 118,097 shares of company stock worth $17,249,116. Corporate insiders own 2.71% of the company’s stock.
NASDAQ:VRSK traded up $0.07 during mid-day trading on Friday, hitting $165.17. The stock had a trading volume of 20,957 shares, compared to its average volume of 650,362. The stock has a market capitalization of $26.81 billion, a price-to-earnings ratio of 59.41, a P/E/G ratio of 3.22 and a beta of 0.69. The company has a 50 day simple moving average of $152.51 and a 200-day simple moving average of $152.50. Verisk Analytics, Inc. has a 52 week low of $115.24 and a 52 week high of $165.29. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 1.40.
Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, October 29th. The business services provider reported $1.12 EPS for the quarter, missing the consensus estimate of $1.13 by ($0.01). Verisk Analytics had a return on equity of 33.57% and a net margin of 18.23%. The firm had revenue of $652.70 million during the quarter, compared to the consensus estimate of $650.34 million. During the same quarter last year, the company posted $1.08 EPS. Verisk Analytics’s revenue for the quarter was up 9.0% on a year-over-year basis. As a group, equities research analysts anticipate that Verisk Analytics, Inc. will post 4.37 earnings per share for the current year.
About Verisk Analytics
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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