Zeke Capital Advisors LLC Takes Position in Verisk Analytics, Inc. (VRSK)

Zeke Capital Advisors LLC bought a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,757 shares of the business services provider’s stock, valued at approximately $229,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Advisory Services Network LLC grew its stake in shares of Verisk Analytics by 300.5% in the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after purchasing an additional 1,268 shares during the last quarter. Perigon Wealth Management LLC grew its stake in shares of Verisk Analytics by 61.2% in the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after purchasing an additional 669 shares during the last quarter. BB&T Investment Services Inc. purchased a new stake in Verisk Analytics in the second quarter worth about $153,000. Capstone Investment Advisors Netherlands B.V. purchased a new stake in Verisk Analytics in the second quarter worth about $161,000. Finally, Paradigm Asset Management Co. LLC lifted its holdings 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 worth $165,000 after buying an additional 100 shares during the period. 93.27% of the stock is currently owned by institutional investors.

In other news, Director Andrew G. Mills sold 1,232 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, September 26th. The shares were sold at an average price of $82.50, for a total transaction of $101,640.00. Following the completion of the transaction, the director now directly owns 104,293 shares in the company, valued at $8,604,172.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $92.72, for a total transaction of $278,160.00. The disclosure for this sale can be found here. Insiders have sold 321,146 shares of company stock valued at $27,721,244 over the last quarter. Company insiders own 3.41% of the company’s stock.

VRSK has been the subject of several research analyst reports. SunTrust Banks restated a “hold” rating and issued a $85.00 price objective on shares of Verisk Analytics in a report on Wednesday, November 1st. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Monday, October 9th. Royal Bank Of Canada restated a “hold” rating and issued a $83.00 price objective on shares of Verisk Analytics in a report on Thursday, November 2nd. BMO Capital Markets restated a “hold” rating and issued a $83.00 price objective on shares of Verisk Analytics in a report on Friday, September 15th. Finally, Keefe, Bruyette & Woods set a $90.00 price objective on shares of Verisk Analytics and gave the stock a “buy” rating in a report on Monday, August 21st. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $89.07.

Verisk Analytics, Inc. (NASDAQ:VRSK) opened at $95.64 on Monday. Verisk Analytics, Inc. has a 1-year low of $75.60 and a 1-year high of $98.60. The stock has a market cap of $15,751.13, a P/E ratio of 29.89, a PEG ratio of 3.40 and a beta of 0.80. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.36.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The firm had revenue of $549.10 million during the quarter, compared to analyst estimates of $527.97 million. During the same period last year, the business earned $0.84 earnings per share. The business’s revenue was up 10.2% on a year-over-year basis. sell-side analysts predict that Verisk Analytics, Inc. will post 3.17 EPS for the current fiscal 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.

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

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