Diamond Hill Capital Management Inc. Boosts Position in Verisk Analytics, Inc. (VRSK)

Diamond Hill Capital Management Inc. increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 154.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,613,738 shares of the business services provider’s stock after buying an additional 979,475 shares during the quarter. Diamond Hill Capital Management Inc. owned about 0.98% of Verisk Analytics worth $134,247,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Integrated Investment Consultants LLC raised its stake in Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after buying an additional 418 shares during the period. Parkside Financial Bank & Trust raised its stake in Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after buying an additional 380 shares during the period. Huntington National Bank raised its stake in Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after buying an additional 354 shares during the period. Advisory Services Network LLC raised its stake in Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after buying an additional 1,268 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after buying an additional 669 shares during the period. 93.13% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Diamond Hill Capital Management Inc. Boosts Position in Verisk Analytics, Inc. (VRSK)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/22/diamond-hill-capital-management-inc-boosts-position-in-verisk-analytics-inc-vrsk.html.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the completion of the sale, the director now directly owns 9,989 shares in the company, valued at approximately $823,692.94. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the sale, the director now owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,304 shares of company stock valued at $1,410,728. Company insiders own 3.41% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down 0.07% during mid-day trading on Friday, hitting $84.85. The company had a trading volume of 749,091 shares. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $88.17. The firm has a 50-day moving average price of $82.75 and a 200-day moving average price of $82.14. The firm has a market capitalization of $13.96 billion, a PE ratio of 30.84 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The company had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. During the same period in the previous year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Equities analysts forecast that Verisk Analytics, Inc. will post $3.13 earnings per share for the current year.

VRSK has been the subject of several analyst reports. Royal Bank Of Canada reissued a “hold” rating and issued a $78.00 price objective on shares of Verisk Analytics in a research note on Friday, October 13th. Zacks Investment Research raised Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. BMO Capital Markets reissued a “hold” rating and issued a $83.00 price objective on shares of Verisk Analytics in a research note on Friday, September 15th. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One investment analyst has ra

Other hedge funds have also recently bought and sold shares of the company. Integrated Investment Consultants LLC raised its stake in Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after buying an additional 418 shares during the period. Parkside Financial Bank & Trust raised its stake in Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after buying an additional 380 shares during the period. Huntington National Bank raised its stake in Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after buying an additional 354 shares during the period. Advisory Services Network LLC raised its stake in Verisk Analytics by 300.5% during the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after buying an additional 1,268 shares during the period. Finally, Perigon Wealth Management LLC raised its stake in Verisk Analytics by 61.2% during the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after buying an additional 669 shares during the period. 93.13% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “Diamond Hill Capital Management Inc. Boosts Position in Verisk Analytics, Inc. (VRSK)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and international trademark & copyright law. The original version of this piece can be accessed at https://ledgergazette.com/2017/10/22/diamond-hill-capital-management-inc-boosts-position-in-verisk-analytics-inc-vrsk.html.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the completion of the sale, the director now directly owns 9,989 shares in the company, valued at approximately $823,692.94. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the sale, the director now owns 105,525 shares of the company’s stock, valued at $8,705,812.50. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 17,304 shares of company stock valued at $1,410,728. Company insiders own 3.41% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down 0.07% during mid-day trading on Friday, hitting $84.85. The company had a trading volume of 749,091 shares. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $88.17. The firm has a 50-day moving average price of $82.75 and a 200-day moving average price of $82.14. The firm has a market capitalization of $13.96 billion, a PE ratio of 30.84 and a beta of 0.70.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The company had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. During the same period in the previous year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. Equities analysts forecast that Verisk Analytics, Inc. will post $3.13 earnings per share for the current year.

VRSK has been the subject of several analyst reports. Royal Bank Of Canada reissued a “hold” rating and issued a $78.00 price objective on shares of Verisk Analytics in a research note on Friday, October 13th. Zacks Investment Research raised Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Monday, October 9th. BMO Capital Markets reissued a “hold” rating and issued a $83.00 price objective on shares of Verisk Analytics in a research note on Friday, September 15th. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the stock a “buy” rating in a research note on Monday, August 21st. Finally, Credit Suisse Group reissued a “neutral” rating and issued a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company. Verisk Analytics currently has a consensus rating of “Hold” and a consensus price target of $84.50.

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.

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

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

Receive News & Ratings for Verisk Analytics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply