TD Asset Management Inc. increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.6% during the second quarter, Holdings Channel reports. The fund owned 254,189 shares of the business services provider’s stock after buying an additional 6,479 shares during the period. TD Asset Management Inc.’s holdings in Verisk Analytics were worth $21,446,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Candriam Luxembourg S.C.A. boosted its stake in shares of Verisk Analytics by 9.8% in the second quarter. Candriam Luxembourg S.C.A. now owns 9,906 shares of the business services provider’s stock valued at $836,000 after buying an additional 883 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Verisk Analytics by 26.1% in the second quarter. Sei Investments Co. now owns 40,471 shares of the business services provider’s stock valued at $3,414,000 after buying an additional 8,367 shares during the last quarter. Dock Street Asset Management Inc. boosted its stake in shares of Verisk Analytics by 40.1% in the second quarter. Dock Street Asset Management Inc. now owns 81,080 shares of the business services provider’s stock valued at $6,841,000 after buying an additional 23,192 shares during the last quarter. First Manhattan Co. boosted its stake in shares of Verisk Analytics by 1.6% in the second quarter. First Manhattan Co. now owns 3,658 shares of the business services provider’s stock valued at $308,000 after buying an additional 58 shares during the last quarter. Finally, Mawer Investment Management Ltd. boosted its stake in shares of Verisk Analytics by 2.2% in the second quarter. Mawer Investment Management Ltd. now owns 1,713,233 shares of the business services provider’s stock valued at $144,545,000 after buying an additional 37,557 shares during the last quarter. 93.14% of the stock is currently owned by institutional investors.

Verisk Analytics, Inc. (NASDAQ VRSK) opened at 80.62 on Friday. Verisk Analytics, Inc. has a 1-year low of $75.60 and a 1-year high of $88.17. The stock’s 50 day moving average price is $84.37 and its 200-day moving average price is $82.13. The company has a market cap of $13.27 billion, a PE ratio of 29.31 and a beta of 0.66.

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

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Several equities research analysts have weighed in on the company. Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a research note on Friday, August 4th. Credit Suisse Group reissued a “neutral” rating and set a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. SunTrust Banks, Inc. cut Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a research note on Thursday, August 3rd. Morgan Stanley reissued an “equal weight” rating and set a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. Finally, BMO Capital Markets boosted their price objective on Verisk Analytics from $81.00 to $83.00 and gave the stock a “market perform” rating in a research note on Friday, July 14th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $85.00.

In related news, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, June 20th. The shares were sold at an average price of $83.47, for a total value of $250,410.00. Following the completion of the sale, the director now owns 107,666 shares in the company, valued at approximately $8,986,881.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John F. Lehman sold 8,247 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, May 16th. The shares were sold at an average price of $78.72, for a total transaction of $649,203.84. Following the completion of the sale, the director now owns 115,073 shares of the company’s stock, valued at approximately $9,058,546.56. The disclosure for this sale can be found here. Insiders have sold a total of 27,551 shares of company stock valued at $2,211,942 in the last 90 days. Insiders own 3.41% 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.

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

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