Kornitzer Capital Management Inc. KS lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 9.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 375,826 shares of the business services provider’s stock after selling 37,775 shares during the quarter. Kornitzer Capital Management Inc. KS owned approximately 0.23% of Verisk Analytics worth $31,265,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VRSK. OppenheimerFunds Inc. raised its holdings in Verisk Analytics by 7.9% in the 1st quarter. OppenheimerFunds Inc. now owns 3,044 shares of the business services provider’s stock valued at $247,000 after buying an additional 222 shares during the last quarter. Thrivent Financial For Lutherans raised its holdings in Verisk Analytics by 5.0% in the 1st quarter. Thrivent Financial For Lutherans now owns 5,680 shares of the business services provider’s stock valued at $461,000 after buying an additional 270 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Verisk Analytics by 4.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 535,380 shares of the business services provider’s stock valued at $43,439,000 after buying an additional 24,710 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in Verisk Analytics in the 1st quarter valued at approximately $361,000. Finally, DnB Asset Management AS raised its holdings in Verisk Analytics by 17.5% in the 2nd quarter. DnB Asset Management AS now owns 22,151 shares of the business services provider’s stock valued at $1,869,000 after buying an additional 3,300 shares during the last quarter. Institutional investors and hedge funds own 93.68% of the company’s stock.

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Several research analysts have issued reports on the stock. UBS AG restated a “sell” rating and set a $75.00 price target (up previously from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. Barclays PLC raised their price target on shares of Verisk Analytics from $86.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday. Morgan Stanley raised their price target on shares of Verisk Analytics from $83.00 to $90.00 and gave the stock an “equal weight” rating in a report on Thursday. Royal Bank Of Canada restated a “hold” rating and set a $83.00 price target on shares of Verisk Analytics in a report on Thursday. Finally, Credit Suisse Group raised their price target on shares of Verisk Analytics from $85.00 to $92.00 and gave the stock a “neutral” rating in a report on Thursday. One analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $88.23.

In other Verisk Analytics news, Director David B. Wright sold 10,000 shares of the firm’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total transaction of $808,200.00. Following the transaction, the director now directly owns 13,951 shares in the company, valued at approximately $1,127,519.82. The sale was disclosed in a document filed 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 on Friday, September 8th. The shares were sold at an average price of $82.50, for a total value of $247,500.00. Following the transaction, the director now owns 105,525 shares in the company, valued at $8,705,812.50. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 293,950 shares of company stock worth $25,301,427. Company insiders own 3.41% of the company’s stock.

Verisk Analytics, Inc. (NASDAQ VRSK) traded up $0.01 during midday trading on Friday, reaching $91.03. 874,461 shares of the company traded hands, compared to its average volume of 761,542. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $91.41. The company has a current ratio of 0.45, a quick ratio of 0.71 and a debt-to-equity ratio of 1.36. The firm has a market cap of $14,991.91, a P/E ratio of 28.45, a P/E/G ratio of 3.26 and a beta of 0.76.

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

Verisk Analytics Profile

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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