Brokerages Set Verisk Analytics, Inc. (VRSK) PT at $91.15

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) have been given an average recommendation of “Hold” by the seventeen research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $91.15.

A number of equities analysts recently issued reports on VRSK shares. Keefe, Bruyette & Woods set a $90.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a research report on Monday, August 21st. BMO Capital Markets reissued a “hold” rating and issued a $83.00 price target on shares of Verisk Analytics in a report on Friday, September 15th. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Royal Bank of Canada reissued a “hold” rating and issued a $78.00 price target on shares of Verisk Analytics in a report on Friday, October 13th. Finally, Morgan Stanley boosted their price target on shares of Verisk Analytics from $82.00 to $83.00 and gave the company an “equal weight” rating in a report on Monday, October 23rd.

In other news, Director David B. Wright sold 15,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $94.60, for a total value of $1,419,000.00. Following the sale, the director now owns 8,951 shares of the company’s stock, valued at approximately $846,764.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Andrew G. Mills sold 1,232 shares of the company’s stock in a transaction dated 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 owns 104,293 shares in the company, valued at approximately $8,604,172.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 316,646 shares of company stock worth $27,548,619. 3.41% of the stock is owned by insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. Parametric Portfolio Associates LLC lifted its position in Verisk Analytics by 10.8% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 259,528 shares of the business services provider’s stock valued at $21,590,000 after purchasing an additional 25,263 shares during the period. GSA Capital Partners LLP acquired a new position in Verisk Analytics during the 3rd quarter valued at about $323,000. IFM Investors Pty Ltd acquired a new position in Verisk Analytics during the 3rd quarter valued at about $391,000. Sterling Capital Management LLC lifted its position in Verisk Analytics by 1.3% during the 3rd quarter. Sterling Capital Management LLC now owns 946,347 shares of the business services provider’s stock valued at $78,727,000 after purchasing an additional 11,760 shares during the period. Finally, California Public Employees Retirement System lifted its position in Verisk Analytics by 4.2% during the 3rd quarter. California Public Employees Retirement System now owns 320,375 shares of the business services provider’s stock valued at $26,652,000 after purchasing an additional 12,975 shares during the period. Institutional investors own 93.27% of the company’s stock.

Shares of Verisk Analytics (VRSK) traded up $0.32 during mid-day trading on Monday, reaching $94.73. 1,015,523 shares of the company were exchanged, compared to its average volume of 813,632. Verisk Analytics has a fifty-two week low of $75.60 and a fifty-two week high of $98.60. The company has a market capitalization of $15,579.85, a price-to-earnings ratio of 29.56, a P/E/G ratio of 3.36 and a beta of 0.80. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.45 and a quick ratio of 0.45.

Verisk Analytics (NASDAQ:VRSK) last announced its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. During the same quarter in the previous year, the firm posted $0.84 earnings per share. Verisk Analytics’s revenue was up 10.2% compared to the same quarter last year. equities analysts anticipate that Verisk Analytics 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.

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