Parametric Portfolio Associates LLC lifted its position in shares of Verisign, Inc. (NASDAQ:VRSN) by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 413,642 shares of the information services provider’s stock after acquiring an additional 5,573 shares during the period. Parametric Portfolio Associates LLC owned approximately 0.42% of Verisign worth $44,007,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Suntrust Banks Inc. lifted its holdings in shares of Verisign by 0.5% during the 2nd quarter. Suntrust Banks Inc. now owns 10,455 shares of the information services provider’s stock worth $971,000 after acquiring an additional 54 shares during the period. Scotia Capital Inc. lifted its holdings in shares of Verisign by 0.6% during the 2nd quarter. Scotia Capital Inc. now owns 12,000 shares of the information services provider’s stock worth $1,115,000 after acquiring an additional 75 shares during the period. Thrivent Financial For Lutherans lifted its holdings in shares of Verisign by 2.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 3,340 shares of the information services provider’s stock worth $310,000 after acquiring an additional 80 shares during the period. Global X Management Co. LLC lifted its holdings in shares of Verisign by 13.4% during the 2nd quarter. Global X Management Co. LLC now owns 1,632 shares of the information services provider’s stock worth $152,000 after acquiring an additional 193 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Verisign by 21.9% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,420 shares of the information services provider’s stock worth $133,000 after acquiring an additional 255 shares during the period.

A number of analysts have recently weighed in on the stock. Citigroup upped their price target on shares of Verisign from $101.00 to $111.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. Cowen reissued a “hold” rating and issued a $103.00 price objective on shares of Verisign in a research note on Sunday, October 29th. Robert W. Baird reissued a “hold” rating and issued a $105.00 price objective on shares of Verisign in a research note on Thursday, August 31st. Zacks Investment Research downgraded shares of Verisign from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Finally, BidaskClub raised shares of Verisign from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $106.33.

Verisign, Inc. (NASDAQ VRSN) opened at $116.01 on Thursday. The company has a market cap of $11,443.99, a P/E ratio of 32.43 and a beta of 1.03. The company has a debt-to-equity ratio of -1.45, a current ratio of 1.57 and a quick ratio of 1.57. Verisign, Inc. has a 52 week low of $75.71 and a 52 week high of $118.28.

Verisign (NASDAQ:VRSN) last issued its quarterly earnings data on Thursday, October 26th. The information services provider reported $1.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.03. The business had revenue of $292.40 million during the quarter, compared to the consensus estimate of $290.90 million. Verisign had a net margin of 39.79% and a negative return on equity of 36.88%. The firm’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.93 EPS. equities analysts expect that Verisign, Inc. will post 3.65 earnings per share for the current year.

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Verisign Company Profile

VeriSign, Inc is a provider of domain name registry services and Internet security. The Company operates through Registry Services and Security Services segment. Registry Services ensure the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, and operation of the root-zone maintainer functions for the core of the Internet’s Domain Name System (DNS).

Institutional Ownership by Quarter for Verisign (NASDAQ:VRSN)

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