Shelter Ins Retirement Plan held its stake in shares of Verisk Analytics Inc. (NASDAQ:VRSK) during the second quarter, Holdings Channel reports. The institutional investor owned 43,400 shares of the company’s stock at the end of the second quarter. Shelter Ins Retirement Plan’s holdings in Verisk Analytics were worth $3,519,000 as of its most recent filing with the SEC.
A number of other large investors have also made changes to their positions in VRSK. Legal & General Group Plc increased its stake in Verisk Analytics by 0.7% in the first quarter. Legal & General Group Plc now owns 627,541 shares of the company’s stock worth $50,153,000 after buying an additional 4,216 shares during the last quarter. Junto Capital Management LP bought a new stake in Verisk Analytics during the first quarter worth about $27,233,000. Riverhead Capital Management LLC increased its stake in Verisk Analytics by 65.5% in the first quarter. Riverhead Capital Management LLC now owns 41,621 shares of the company’s stock worth $3,327,000 after buying an additional 16,465 shares during the last quarter. National Pension Service increased its stake in Verisk Analytics by 4.6% in the first quarter. National Pension Service now owns 106,785 shares of the company’s stock worth $8,534,000 after buying an additional 4,675 shares during the last quarter. Finally, Mn Services Vermogensbeheer B.V. bought a new stake in Verisk Analytics during the first quarter worth about $283,000. 90.79% of the stock is currently owned by institutional investors.
Shares of Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.28% on Friday, reaching $81.28. The company’s stock had a trading volume of 947,556 shares. Verisk Analytics Inc. has a 1-year low of $64.79 and a 1-year high of $86.00. The stock has a market capitalization of $13.73 billion, a PE ratio of 23.32 and a beta of 0.50. The stock has a 50-day moving average of $82.03 and a 200 day moving average of $80.32.
Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, August 2nd. The company reported $0.73 EPS for the quarter, missing the consensus estimate of $0.76 by $0.03. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. The firm earned $498.30 million during the quarter, compared to the consensus estimate of $504.44 million. During the same quarter last year, the company posted $0.77 EPS. Verisk Analytics’s revenue for the quarter was up 16.3% on a year-over-year basis. On average, equities analysts forecast that Verisk Analytics Inc. will post $3.01 EPS for the current year.
A number of equities research analysts have recently issued reports on VRSK shares. Cantor Fitzgerald set a $87.00 price target on shares of Verisk Analytics and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Saturday, August 6th. Macquarie started coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They set a “neutral” rating and a $88.00 price target for the company. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Verisk Analytics in a research report on Wednesday, June 29th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $84.80.
In other news, SVP Vincent De P. Mccarthy sold 2,400 shares of the stock in a transaction that occurred on Tuesday, July 5th. The shares were sold at an average price of $80.64, for a total value of $193,536.00. Following the completion of the transaction, the senior vice president now directly owns 34,349 shares in the company, valued at $2,769,903.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Mark V. Anquillare sold 20,000 shares of the stock in a transaction that occurred on Wednesday, July 13th. The shares were sold at an average price of $84.60, for a total transaction of $1,692,000.00. Following the completion of the transaction, the chief operating officer now owns 74,090 shares of the company’s stock, valued at $6,268,014. The disclosure for this sale can be found here. 3.47% of the stock is currently owned by company insiders.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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