Twin Capital Management Inc. Sells 500 Shares of Verisk Analytics, Inc. (VRSK)

Twin Capital Management Inc. lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.5% during the first quarter, Holdings Channel reports. The fund owned 33,950 shares of the business services provider’s stock after selling 500 shares during the period. Twin Capital Management Inc.’s holdings in Verisk Analytics were worth $2,755,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Mn Services Vermogensbeheer B.V. raised its stake in Verisk Analytics by 2.1% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,242 shares of the business services provider’s stock valued at $322,000 after buying an additional 87 shares during the last quarter. Douglass Winthrop Advisors LLC raised its stake in Verisk Analytics by 2.8% in the first quarter. Douglass Winthrop Advisors LLC now owns 3,358 shares of the business services provider’s stock valued at $272,000 after buying an additional 90 shares during the last quarter. Conning Inc. raised its stake in Verisk Analytics by 3.1% in the first quarter. Conning Inc. now owns 2,990 shares of the business services provider’s stock valued at $243,000 after buying an additional 90 shares during the last quarter. Shell Asset Management Co. raised its stake in Verisk Analytics by 0.6% in the first quarter. Shell Asset Management Co. now owns 16,342 shares of the business services provider’s stock valued at $1,326,000 after buying an additional 92 shares during the last quarter. Finally, Gratus Capital LLC raised its stake in Verisk Analytics by 1.1% in the fourth quarter. Gratus Capital LLC now owns 10,785 shares of the business services provider’s stock valued at $875,000 after buying an additional 114 shares during the last quarter. 92.51% of the stock is owned by institutional investors and hedge funds.

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

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) traded up 1.13% during trading on Friday, hitting $79.41. 1,108,170 shares of the company traded hands. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $87.40. The company has a 50-day moving average of $80.13 and a 200-day moving average of $81.80. The stock has a market capitalization of $13.13 billion, a PE ratio of 22.32 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, May 2nd. The business services provider reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.78 by $0.04. Verisk Analytics had a return on equity of 38.26% and a net margin of 29.06%. The company had revenue of $502.60 million for the quarter, compared to analyst estimates of $511.99 million. Equities analysts expect that Verisk Analytics, Inc. will post $3.18 EPS for the current year.

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Several analysts have commented on the stock. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Friday, May 5th. Macquarie raised shares of Verisk Analytics from a “neutral” rating to an “outperform” rating and increased their price target for the company from $90.00 to $95.00 in a research report on Friday, May 5th. Royal Bank of Canada decreased their price target on shares of Verisk Analytics from $85.00 to $82.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 9th. JPMorgan Chase & Co. lowered shares of Verisk Analytics from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $87.00 to $75.00 in a research report on Wednesday, May 3rd. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $92.00 price target on shares of Verisk Analytics in a research report on Tuesday, May 2nd. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $86.89.

In related news, Director John F. Lehman sold 8,247 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The stock was 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 in the company, valued at $9,058,546.56. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Eva F. Huston sold 12,975 shares of the business’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $80.53, for a total value of $1,044,876.75. Following the sale, the chief financial officer now owns 11,920 shares of the company’s stock, valued at approximately $959,917.60. The disclosure for this sale can be found here. Over the last three months, insiders have sold 116,392 shares of company stock valued at $9,566,763. Corporate insiders own 3.47% of the company’s stock.

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.

5 Day Chart for NASDAQ:VRSK

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