Verisk Analytics, Inc. (NASDAQ:VRSK) had its price objective raised by BMO Capital Markets from $83.00 to $91.00 in a research report sent to investors on Thursday. They currently have a market perform rating on the business services provider’s stock.

VRSK has been the subject of a number of other research reports. Cantor Fitzgerald reissued a buy rating and issued a $92.00 price objective on shares of Verisk Analytics in a report on Wednesday. Robert W. Baird reissued a buy rating on shares of Verisk Analytics in a report on Wednesday. Zacks Investment Research raised shares of Verisk Analytics from a sell rating to a hold rating in a report on Thursday, July 13th. Morgan Stanley boosted their price objective on shares of Verisk Analytics from $82.00 to $83.00 and gave the company an equal weight rating in a report on Monday, October 23rd. Finally, Royal Bank Of Canada reissued a hold rating and issued a $78.00 price objective on shares of Verisk Analytics in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $88.23.

Shares of Verisk Analytics (NASDAQ:VRSK) traded up $0.01 during mid-day trading on Thursday, hitting $91.03. 874,461 shares of the company traded hands, compared to its average volume of 761,542. The company has a market cap of $14,991.91, a P/E ratio of 28.45, a price-to-earnings-growth ratio of 3.26 and a beta of 0.76. The company has a quick ratio of 0.71, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. Verisk Analytics has a 1-year low of $75.60 and a 1-year high of $91.41.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, topping the consensus estimate of $0.78 by $0.06. The business had revenue of $549.10 million during the quarter, compared to the consensus estimate of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. Verisk Analytics’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 EPS. equities research analysts anticipate that Verisk Analytics will post 3.16 earnings per share for the current fiscal year.

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In other news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total value of $107,527.84. Following the completion of the transaction, the director now directly owns 9,989 shares in the company, valued at approximately $823,692.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David B. Wright sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the transaction, the director now owns 13,951 shares of the company’s stock, valued at $1,127,519.82. The disclosure for this sale can be found here. Insiders sold a total of 293,950 shares of company stock valued at $25,301,427 over the last 90 days. Corporate insiders own 3.41% of the company’s stock.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Verisk Analytics by 5.0% in the 2nd quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock valued at $1,295,340,000 after buying an additional 734,200 shares in the last quarter. Janus Henderson Group PLC increased its position in Verisk Analytics by 1,487.4% during the 2nd quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock worth $464,275,000 after purchasing an additional 5,156,187 shares in the last quarter. Principal Financial Group Inc. increased its position in Verisk Analytics by 1.2% during the 3rd quarter. Principal Financial Group Inc. now owns 4,041,740 shares of the business services provider’s stock worth $336,233,000 after purchasing an additional 47,683 shares in the last quarter. Alliancebernstein L.P. increased its position in Verisk Analytics by 3.5% during the 2nd quarter. Alliancebernstein L.P. now owns 3,124,769 shares of the business services provider’s stock worth $263,637,000 after purchasing an additional 106,402 shares in the last quarter. Finally, William Blair Investment Management LLC increased its position in Verisk Analytics by 10.4% during the 2nd quarter. William Blair Investment Management LLC now owns 3,006,349 shares of the business services provider’s stock worth $253,646,000 after purchasing an additional 282,686 shares in the last quarter. Institutional investors own 93.68% of the company’s stock.

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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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