Goldman Sachs Group, Inc. (The) started coverage on shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in a research note issued to investors on Wednesday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $89.00 price target on the business services provider’s stock.

A number of other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Verisk Analytics from a sell rating to a hold rating in a research note on Thursday, July 13th. UBS AG reissued a sell rating and issued a $75.00 price objective (up from $71.00) on shares of Verisk Analytics in a research note on Friday, July 14th. BMO Capital Markets lifted their price objective on shares of Verisk Analytics from $81.00 to $83.00 and gave the stock a market perform rating in a research note on Friday, July 14th. Morgan Stanley reissued an equal weight rating and issued a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. Finally, SunTrust Banks, Inc. cut shares of Verisk Analytics from a buy rating to a hold rating and set a $85.00 price objective for the company. in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, twelve 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 $88.29.

Verisk Analytics (VRSK) traded down $0.61 on Wednesday, reaching $90.21. 889,500 shares of the company traded hands, compared to its average volume of 850,183. The stock has a market capitalization of $14,856.87, a PE ratio of 28.19, a price-to-earnings-growth ratio of 3.20 and a beta of 0.76. Verisk Analytics has a 52 week low of $75.60 and a 52 week high of $92.92. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.06. The company had revenue of $549.10 million during the quarter, compared to analysts’ expectations of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. Verisk Analytics’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the company posted $0.84 earnings per share. analysts anticipate that Verisk Analytics will post 3.17 earnings per share for the current year.

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In related news, Director Christopher M. Foskett sold 5,500 shares of Verisk Analytics stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $91.02, for a total transaction of $500,610.00. Following the completion of the transaction, the director now directly owns 15,489 shares of the company’s stock, valued at approximately $1,409,808.78. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO David J. Grover sold 6,500 shares of Verisk Analytics stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $87.00, for a total transaction of $565,500.00. Following the transaction, the chief accounting officer now directly owns 13,028 shares of the company’s stock, valued at $1,133,436. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 318,146 shares of company stock valued at $27,443,084. 3.41% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust lifted its holdings in Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after buying an additional 380 shares in the last quarter. Integrated Investment Consultants LLC lifted its holdings in Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock valued at $112,000 after buying an additional 418 shares in the last quarter. Huntington National Bank lifted its holdings in Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after buying an additional 354 shares in the last quarter. Advisory Services Network LLC lifted its holdings in Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after buying an additional 1,268 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its holdings in Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after buying an additional 669 shares in the last quarter. Institutional investors own 93.57% 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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