Verisk Analytics, Inc. (VRSK) Given Consensus Rating of “Hold” by Analysts

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have been assigned an average rating of “Hold” from the fourteen research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $84.60.

VRSK has been the subject of a number of recent research reports. Credit Suisse Group reiterated a “neutral” rating and set a $85.00 price target (up from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. UBS AG reiterated a “sell” rating and set a $75.00 price target (up from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. SunTrust Banks, Inc. downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price target for the company. in a report on Thursday, August 3rd. BMO Capital Markets lifted their price target on shares of Verisk Analytics from $81.00 to $83.00 and gave the stock a “market perform” rating in a report on Friday, July 14th. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Verisk Analytics in a report on Friday.

In related news, Director Christopher M. Foskett sold 1,304 shares of the firm’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total value of $107,527.84. Following the sale, the director now directly owns 9,989 shares of the company’s stock, valued at $823,692.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $83.47, for a total transaction of $250,410.00. Following the completion of the sale, the director now directly owns 107,666 shares in the company, valued at $8,986,881.02. The disclosure for this sale can be found here. Insiders sold 27,551 shares of company stock worth $2,211,942 over the last three months. Corporate insiders own 3.41% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. Integrated Investment Consultants LLC boosted its stake in Verisk Analytics by 45.8% in the second 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. Parkside Financial Bank & Trust boosted its stake in Verisk Analytics by 40.3% in the second 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. Huntington National Bank boosted its stake in Verisk Analytics by 29.6% in the second 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. Paradigm Asset Management Co. LLC boosted its stake in Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock valued at $165,000 after buying an additional 100 shares in the last quarter. Finally, Ledyard National Bank boosted its stake in Verisk Analytics by 40.4% in the first quarter. Ledyard National Bank now owns 2,085 shares of the business services provider’s stock valued at $169,000 after buying an additional 600 shares in the last quarter. 93.14% of the stock is currently owned by institutional investors and hedge funds.

Verisk Analytics (NASDAQ VRSK) traded down 0.76% during trading on Tuesday, reaching $81.89. 597,378 shares of the company’s stock traded hands. The firm has a market capitalization of $13.48 billion, a PE ratio of 29.77 and a beta of 0.66. Verisk Analytics has a 1-year low of $75.60 and a 1-year high of $88.17. The firm has a 50 day moving average of $84.68 and a 200 day moving average of $82.13.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The firm had revenue of $523.20 million during the quarter, compared to the consensus estimate of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same period last year, the firm posted $0.73 EPS. Equities analysts forecast that Verisk Analytics will post $3.13 EPS for the current year.

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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.

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