Shelter Mutual Insurance Co Has $12.95 Million Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Shelter Mutual Insurance Co decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 8.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 88,400 shares of the business services provider’s stock after selling 8,500 shares during the period. Verisk Analytics comprises approximately 3.7% of Shelter Mutual Insurance Co’s investment portfolio, making the stock its 5th biggest holding. Shelter Mutual Insurance Co’s holdings in Verisk Analytics were worth $12,947,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Geode Capital Management LLC raised its stake in Verisk Analytics by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 2,283,215 shares of the business services provider’s stock worth $248,557,000 after buying an additional 168,185 shares in the last quarter. Mawer Investment Management Ltd. increased its position in shares of Verisk Analytics by 1.2% during the first quarter. Mawer Investment Management Ltd. now owns 1,891,337 shares of the business services provider’s stock worth $251,553,000 after purchasing an additional 22,889 shares in the last quarter. Northern Trust Corp increased its position in shares of Verisk Analytics by 1.1% during the first quarter. Northern Trust Corp now owns 1,890,383 shares of the business services provider’s stock worth $251,422,000 after purchasing an additional 21,404 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Verisk Analytics by 8.2% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,350,979 shares of the business services provider’s stock worth $179,680,000 after purchasing an additional 102,887 shares in the last quarter. Finally, Champlain Investment Partners LLC increased its position in shares of Verisk Analytics by 3.4% during the first quarter. Champlain Investment Partners LLC now owns 1,172,675 shares of the business services provider’s stock worth $155,966,000 after purchasing an additional 38,835 shares in the last quarter. 93.23% of the stock is owned by institutional investors.

Shares of VRSK stock traded up $1.90 during trading hours on Thursday, reaching $154.99. 8,645 shares of the company’s stock were exchanged, compared to its average volume of 718,742. The business’s 50 day moving average price is $151.26. The stock has a market cap of $25.42 billion, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 3.47 and a beta of 0.76. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.21. Verisk Analytics, Inc. has a fifty-two week low of $102.74 and a fifty-two week high of $157.60.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, July 30th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.10. Verisk Analytics had a return on equity of 33.05% and a net margin of 23.97%. The firm had revenue of $652.60 million for the quarter, compared to the consensus estimate of $642.61 million. During the same period in the prior year, the firm earned $1.06 EPS. The firm’s revenue was up 8.5% on a year-over-year basis. On average, equities research analysts forecast that Verisk Analytics, Inc. will post 4.43 EPS for the current fiscal year.

In related news, Director Christopher M. Foskett sold 10,078 shares of the company’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $146.54, for a total value of $1,476,830.12. Following the transaction, the director now directly owns 20,759 shares of the company’s stock, valued at approximately $3,042,023.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Constantine Iordanou sold 2,122 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $153.01, for a total value of $324,687.22. Following the completion of the transaction, the director now directly owns 59,214 shares in the company, valued at $9,060,334.14. The disclosure for this sale can be found here. Over the last three months, insiders sold 29,928 shares of company stock worth $4,475,722. 2.71% of the stock is owned by insiders.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Saturday, April 27th. SunTrust Banks upped their price target on Verisk Analytics to $150.00 and gave the stock a “hold” rating in a research report on Thursday, May 2nd. They noted that the move was a valuation call. UBS Group upped their price target on Verisk Analytics from $119.00 to $124.00 and gave the stock a “sell” rating in a research report on Wednesday, July 10th. BidaskClub raised Verisk Analytics from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 6th. Finally, Barclays reaffirmed a “buy” rating and set a $155.00 price target on shares of Verisk Analytics in a research report on Sunday, May 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $138.89.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

Further Reading: What are the risks of holding treasury bonds?

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

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