Verisk Analytics, Inc. (VRSK) Position Lessened by First Quadrant L P CA

First Quadrant L P CA lowered its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,256 shares of the business services provider’s stock after selling 1,083 shares during the quarter. First Quadrant L P CA owned approximately 0.07% of Verisk Analytics worth $9,089,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Veritable L.P. grew its holdings in Verisk Analytics by 1.3% during the 2nd quarter. Veritable L.P. now owns 3,170 shares of the business services provider’s stock worth $267,000 after acquiring an additional 41 shares during the last quarter. Gotham Asset Management LLC grew its holdings in Verisk Analytics by 1.7% during the 2nd quarter. Gotham Asset Management LLC now owns 2,702 shares of the business services provider’s stock worth $228,000 after acquiring an additional 46 shares during the last quarter. Fiera Capital Corp grew its holdings in Verisk Analytics by 0.6% during the 2nd quarter. Fiera Capital Corp now owns 8,778 shares of the business services provider’s stock worth $741,000 after acquiring an additional 54 shares during the last quarter. First Manhattan Co. grew its holdings in Verisk Analytics by 1.6% during the 2nd quarter. First Manhattan Co. now owns 3,658 shares of the business services provider’s stock worth $308,000 after acquiring an additional 58 shares during the last quarter. Finally, Bancorpsouth Inc. grew its holdings in Verisk Analytics by 1.2% during the 2nd quarter. Bancorpsouth Inc. now owns 5,674 shares of the business services provider’s stock worth $479,000 after acquiring an additional 66 shares during the last quarter. Institutional investors and hedge funds own 93.68% of the company’s stock.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total transaction of $107,527.84. Following the transaction, the director now directly owns 9,989 shares in the company, valued at approximately $823,692.94. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David B. Wright sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total value of $808,200.00. Following the transaction, the director now owns 13,951 shares in the company, valued at $1,127,519.82. The disclosure for this sale can be found here. Insiders sold 229,530 shares of company stock worth $19,475,282 over the last quarter. 3.41% of the stock is currently owned by company insiders.

A number of equities research analysts have commented on VRSK shares. Morgan Stanley reissued an “equal weight” rating and set a $82.00 price objective (down previously from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. BMO Capital Markets reaffirmed a “hold” rating and issued a $83.00 target price on shares of Verisk Analytics in a research note on Friday, September 15th. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Verisk Analytics in a research note on Friday, August 4th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 target price (up previously from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $84.58.

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) opened at 85.05 on Wednesday. The company has a 50 day moving average of $83.34 and a 200-day moving average of $82.43. The firm has a market capitalization of $14.00 billion, a P/E ratio of 30.92 and a beta of 0.70. Verisk Analytics, Inc. has a 12 month low of $75.60 and a 12 month high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Monday, October 30th. The business services provider reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.04. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The business had revenue of $549.10 million for the quarter, compared to analysts’ expectations of $527.97 million. During the same period in the prior year, the business posted $0.84 earnings per share. The firm’s revenue was up 10.2% on a year-over-year basis. Analysts predict that Verisk Analytics, Inc. will post $3.13 EPS for the current year.

TRADEMARK VIOLATION WARNING: “Verisk Analytics, Inc. (VRSK) Position Lessened by First Quadrant L P CA” was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of U.S. and international copyright and trademark laws. The correct version of this piece of content can be viewed at https://www.com-unik.info/2017/11/01/verisk-analytics-inc-vrsk-position-lessened-by-first-quadrant-l-p-ca.html.

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.

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

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

What are top analysts saying about Verisk Analytics Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Verisk Analytics Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit