Verisk Analytics, Inc. (VRSK) PT Raised to $105.00

Verisk Analytics, Inc. (NASDAQ:VRSK) had its target price increased by analysts at Barclays PLC from $86.00 to $105.00 in a research report issued to clients and investors on Thursday. The firm currently has an “overweight” rating on the business services provider’s stock. Barclays PLC’s price target indicates a potential upside of 15.35% from the stock’s current price.

Several other equities research analysts have also issued reports on the company. Morgan Stanley raised their price objective on Verisk Analytics from $83.00 to $90.00 and gave the company an “equal weight” rating in a research note on Thursday. BMO Capital Markets raised their price objective on Verisk Analytics from $83.00 to $91.00 and gave the company a “market perform” rating in a research note on Thursday. SunTrust Banks, Inc. reaffirmed a “hold” rating and issued a $85.00 price objective on shares of Verisk Analytics in a research note on Wednesday. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $92.00 price objective on shares of Verisk Analytics in a research note on Wednesday. Finally, Robert W. Baird reiterated a “buy” rating on shares of Verisk Analytics in a report on Wednesday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $88.23.

Verisk Analytics (NASDAQ:VRSK) traded up $0.01 during trading hours on Thursday, hitting $91.03. The stock had a trading volume of 874,461 shares, compared to its average volume of 761,542. The company has a market cap of $14,991.91, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 3.26 and a beta of 0.76. Verisk Analytics has a 1-year low of $75.60 and a 1-year high of $91.41. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.71.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.06. The business had revenue of $549.10 million during the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the company earned $0.84 EPS. analysts expect that Verisk Analytics will post 3.16 earnings per share for the current year.

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In other Verisk Analytics news, Director Andrew G. Mills sold 1,232 shares of the firm’s stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $82.50, for a total transaction of $101,640.00. Following the transaction, the director now directly owns 104,293 shares in the company, valued at approximately $8,604,172.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction on Friday, September 8th. The stock was sold at an average price of $82.50, for a total value of $247,500.00. Following the transaction, the director now owns 105,525 shares in the company, valued at $8,705,812.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 293,950 shares of company stock worth $25,301,427. Company insiders own 3.41% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Grandfield & Dodd LLC increased its holdings in Verisk Analytics by 1.3% during the 3rd quarter. Grandfield & Dodd LLC now owns 153,103 shares of the business services provider’s stock worth $12,737,000 after purchasing an additional 1,964 shares during the period. BNP Paribas Arbitrage SA increased its holdings in Verisk Analytics by 28.3% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 172,995 shares of the business services provider’s stock worth $14,391,000 after purchasing an additional 38,131 shares during the period. Global X MANAGEMENT CO LLC increased its holdings in Verisk Analytics by 13.5% during the 3rd quarter. Global X MANAGEMENT CO LLC now owns 4,885 shares of the business services provider’s stock worth $406,000 after purchasing an additional 580 shares during the period. YCG LLC increased its holdings in Verisk Analytics by 17.2% during the 3rd quarter. YCG LLC now owns 130,640 shares of the business services provider’s stock worth $10,881,000 after purchasing an additional 19,182 shares during the period. Finally, Swiss National Bank increased its holdings in Verisk Analytics by 0.3% during the 3rd quarter. Swiss National Bank now owns 647,943 shares of the business services provider’s stock worth $53,902,000 after purchasing an additional 1,700 shares during the period. Institutional investors own 93.68% 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.

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