Aviva PLC Has $13.97 Million Holdings in Verisk Analytics, Inc. (VRSK)

Aviva PLC grew its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 46.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 115,882 shares of the business services provider’s stock after acquiring an additional 36,569 shares during the quarter. Aviva PLC’s holdings in Verisk Analytics were worth $13,970,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of VRSK. Cornerstone Wealth Management LLC acquired a new stake in shares of Verisk Analytics during the second quarter valued at about $214,000. Janney Montgomery Scott LLC grew its stake in shares of Verisk Analytics by 6.9% during the second quarter. Janney Montgomery Scott LLC now owns 9,074 shares of the business services provider’s stock valued at $977,000 after acquiring an additional 585 shares in the last quarter. Aperio Group LLC grew its stake in shares of Verisk Analytics by 20.9% during the second quarter. Aperio Group LLC now owns 52,779 shares of the business services provider’s stock valued at $5,681,000 after acquiring an additional 9,116 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Verisk Analytics by 5.2% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 749,543 shares of the business services provider’s stock valued at $80,681,000 after acquiring an additional 36,979 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of Verisk Analytics by 68.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 20,463 shares of the business services provider’s stock valued at $2,203,000 after acquiring an additional 8,337 shares in the last quarter. 94.09% of the stock is currently owned by hedge funds and other institutional investors.

Shares of VRSK stock opened at $123.32 on Friday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96. Verisk Analytics, Inc. has a one year low of $90.60 and a one year high of $124.83. The stock has a market cap of $20.38 billion, a PE ratio of 31.83, a P/E/G ratio of 2.56 and a beta of 0.58.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, October 30th. The business services provider reported $1.08 EPS for the quarter, topping the consensus estimate of $1.07 by $0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The business had revenue of $598.70 million for the quarter, compared to analysts’ expectations of $596.79 million. During the same quarter last year, the company posted $0.84 earnings per share. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. As a group, analysts anticipate that Verisk Analytics, Inc. will post 4.15 EPS for the current year.

In other Verisk Analytics news, CFO Lee Shavel bought 312 shares of the business’s stock in a transaction on Wednesday, November 21st. The shares were purchased at an average price of $120.00 per share, with a total value of $37,440.00. Following the completion of the acquisition, the chief financial officer now directly owns 29,734 shares of the company’s stock, valued at approximately $3,568,080. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Scott G. Stephenson sold 18,990 shares of the firm’s stock in a transaction dated Monday, October 15th. The stock was sold at an average price of $113.79, for a total transaction of $2,160,872.10. Following the completion of the transaction, the chief executive officer now directly owns 808,220 shares in the company, valued at approximately $91,967,353.80. The disclosure for this sale can be found here. In the last three months, insiders acquired 936 shares of company stock worth $112,080 and sold 302,981 shares worth $36,208,141. Company insiders own 3.19% of the company’s stock.

Several equities analysts have recently commented on VRSK shares. BidaskClub cut shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 22nd. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 16th. Morgan Stanley reaffirmed a “hold” rating and set a $119.00 price target (up previously from $113.00) on shares of Verisk Analytics in a research report on Thursday, September 13th. Bank of America started coverage on shares of Verisk Analytics in a research report on Tuesday, October 23rd. They set a “neutral” rating and a $125.00 price target on the stock. Finally, Robert W. Baird increased their price target on shares of Verisk Analytics from $125.00 to $133.00 and gave the stock an “outperform” rating in a research report on Thursday, November 1st. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $112.17.

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Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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

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