Airain ltd acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,513 shares of the business services provider’s stock, valued at approximately $1,815,000.

Several other hedge funds have also bought and sold shares of VRSK. Parkside Financial Bank & Trust boosted its stake in 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 buying an additional 380 shares during the period. Integrated Investment Consultants LLC boosted its stake in 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 buying an additional 418 shares during the period. Huntington National Bank boosted its stake in 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 buying an additional 354 shares during the period. Paradigm Asset Management Co. LLC boosted its stake in Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock worth $165,000 after buying an additional 100 shares during the period. Finally, Ledyard National Bank boosted its stake in Verisk Analytics by 12.9% in the second quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock worth $199,000 after buying an additional 270 shares during the period. Institutional investors and hedge funds own 93.33% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) opened at 80.16 on Thursday. The stock has a 50 day moving average price of $83.65 and a 200-day moving average price of $82.02. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $88.17. The firm has a market capitalization of $13.19 billion, a price-to-earnings ratio of 29.14 and a beta of 0.66.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The company had revenue of $523.20 million for the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. On average, analysts anticipate that Verisk Analytics, Inc. will post $3.14 EPS for the current year.

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A number of analysts have recently commented on the company. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the company a “buy” rating in a research report on Monday, August 21st. UBS AG restated a “sell” rating and issued a $75.00 price objective (up from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research report on Thursday, August 3rd. Credit Suisse Group restated a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. Finally, Royal Bank Of Canada restated a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $85.38.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the sale, the director now directly owns 9,989 shares of the company’s stock, valued at approximately $823,692.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $83.47, for a total transaction of $250,410.00. Following the sale, the director now directly owns 107,666 shares in the company, valued at $8,986,881.02. The disclosure for this sale can be found here. Insiders sold 19,304 shares of company stock worth $1,562,738 in the last ninety days. 3.41% of the stock is owned by corporate insiders.

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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