Verisk Analytics, Inc. (VRSK) Position Cut by Kornitzer Capital Management Inc. KS

Kornitzer Capital Management Inc. KS lessened its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 375,016 shares of the business services provider’s stock after selling 810 shares during the period. Kornitzer Capital Management Inc. KS’s holdings in Verisk Analytics were worth $36,002,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VRSK. Janus Henderson Group PLC grew its position in Verisk Analytics by 1,487.4% in the 2nd quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock valued at $464,275,000 after buying an additional 5,156,187 shares in the last quarter. Harding Loevner LP grew its position in Verisk Analytics by 95.4% in the 3rd quarter. Harding Loevner LP now owns 5,847,407 shares of the business services provider’s stock valued at $243,146,000 after buying an additional 2,855,204 shares in the last quarter. Diamond Hill Capital Management Inc. grew its position in Verisk Analytics by 154.4% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 1,613,738 shares of the business services provider’s stock valued at $134,247,000 after buying an additional 979,475 shares in the last quarter. Cramer Rosenthal Mcglynn LLC bought a new position in Verisk Analytics in the 3rd quarter valued at about $22,729,000. Finally, Atlanta Capital Management Co. L L C grew its position in Verisk Analytics by 59.9% in the 3rd quarter. Atlanta Capital Management Co. L L C now owns 699,876 shares of the business services provider’s stock valued at $58,223,000 after buying an additional 262,188 shares in the last quarter. Hedge funds and other institutional investors own 92.66% of the company’s stock.

Shares of Verisk Analytics, Inc. (VRSK) opened at $100.05 on Thursday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $100.54. The company has a market cap of $16,324.26, a PE ratio of 30.98, a price-to-earnings-growth ratio of 2.56 and a beta of 0.80.

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

In other news, CFO Lee Shavel acquired 388 shares of Verisk Analytics stock in a transaction on Wednesday, January 10th. The stock was bought at an average cost of $96.61 per share, with a total value of $37,484.68. Following the completion of the purchase, the chief financial officer now owns 22,729 shares of the company’s stock, valued at $2,195,848.69. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Frank J. Coyne sold 64,420 shares of the company’s stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of $90.44, for a total transaction of $5,826,144.80. Following the sale, the director now directly owns 58,998 shares of the company’s stock, valued at $5,335,779.12. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 22,978 shares of company stock valued at $2,098,817 and have sold 108,446 shares valued at $9,961,333. 3.41% of the stock is currently owned by corporate insiders.

A number of equities analysts recently issued reports on VRSK shares. SunTrust Banks reiterated a “hold” rating and issued a $85.00 target price on shares of Verisk Analytics in a research report on Wednesday, November 1st. Royal Bank of Canada raised their price objective on shares of Verisk Analytics to $100.00 and gave the company a “sector perform” rating in a research report on Friday, January 19th. They noted that the move was a valuation call. BidaskClub lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Thursday, January 11th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Monday, October 9th. Finally, Morgan Stanley raised their price objective on shares of Verisk Analytics from $83.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Hold” and an average target price of $94.50.

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

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