Verisk Analytics, Inc. (VRSK) Shares Bought by Aperio Group LLC
Aperio Group LLC raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 38,999 shares of the business services provider’s stock after purchasing an additional 2,791 shares during the quarter. Aperio Group LLC’s holdings in Verisk Analytics were worth $3,244,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of VRSK. OppenheimerFunds Inc. increased its position in Verisk Analytics by 7.9% during the 1st quarter. OppenheimerFunds Inc. now owns 3,044 shares of the business services provider’s stock valued at $247,000 after purchasing an additional 222 shares during the period. Thrivent Financial For Lutherans increased its position in Verisk Analytics by 5.0% during the 1st quarter. Thrivent Financial For Lutherans now owns 5,680 shares of the business services provider’s stock valued at $461,000 after purchasing an additional 270 shares during the period. Dimensional Fund Advisors LP increased its position in Verisk Analytics by 4.8% during 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 purchasing an additional 24,710 shares during the period. Tudor Investment Corp ET AL purchased a new position in Verisk Analytics during the 1st quarter valued at $361,000. Finally, Xact Kapitalforvaltning AB increased its position in Verisk Analytics by 1.7% during the 2nd quarter. Xact Kapitalforvaltning AB now owns 19,126 shares of the business services provider’s stock valued at $1,614,000 after purchasing an additional 311 shares during the period. 93.57% of the stock is currently owned by institutional investors and hedge funds.
In related news, Director David B. Wright sold 10,000 shares of the stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total transaction of $808,200.00. Following the sale, the director now directly owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew G. Mills sold 1,232 shares of the stock in a transaction dated Tuesday, September 26th. The shares were sold at an average price of $82.50, for a total transaction of $101,640.00. Following the sale, the director now directly owns 104,293 shares in the company, valued at $8,604,172.50. The disclosure for this sale can be found here. Insiders have sold a total of 318,146 shares of company stock worth $27,443,084 over the last three months. 3.41% of the stock is currently owned by insiders.
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Shares of Verisk Analytics, Inc. (NASDAQ VRSK) opened at $90.21 on Friday. Verisk Analytics, Inc. has a 1 year low of $75.60 and a 1 year high of $92.92. The company has a market cap of $14,957.32, a PE ratio of 28.38, a P/E/G ratio of 3.22 and a beta of 0.76. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ 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 company had revenue of $549.10 million for the quarter, compared to the consensus estimate of $527.97 million. During the same period in the prior year, the firm posted $0.84 EPS. Verisk Analytics’s revenue for the quarter was up 10.2% on a year-over-year basis. equities analysts predict that Verisk Analytics, Inc. will post 3.17 earnings per share for the current fiscal year.
VRSK has been the topic of a number of research analyst reports. Robert W. Baird reissued a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. Keefe, Bruyette & Woods set a $90.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a research report on Monday, August 21st. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $92.00 target price on shares of Verisk Analytics in a research report on Wednesday, November 1st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 target price on shares of Verisk Analytics in a research report on Friday, September 15th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $88.29.
Verisk Analytics Company 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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