Baird Financial Group Inc. boosted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 653,887 shares of the business services provider’s stock after buying an additional 131,756 shares during the quarter. Baird Financial Group Inc.’s holdings in Verisk Analytics were worth $62,773,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Dupont Capital Management Corp purchased a new stake in Verisk Analytics in the fourth quarter worth approximately $112,000. Fusion Family Wealth LLC purchased a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $116,000. Advisory Services Network LLC boosted its stake in shares of Verisk Analytics by 300.5% during the second quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock valued at $143,000 after purchasing an additional 1,268 shares during the period. Perigon Wealth Management LLC boosted its stake in shares of Verisk Analytics by 61.2% during the second quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock valued at $149,000 after purchasing an additional 669 shares during the period. Finally, Calton & Associates Inc. purchased a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $183,000. 92.91% of the stock is owned by institutional investors and hedge funds.
Verisk Analytics, Inc. (VRSK) opened at $98.79 on Monday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45. The company has a market capitalization of $16,270.00, a P/E ratio of 36.45, a P/E/G ratio of 2.51 and a beta of 0.76. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $100.54.
A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price objective on Verisk Analytics from $90.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday. BidaskClub lowered Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Morgan Stanley increased their price objective on Verisk Analytics from $91.00 to $106.00 and gave the company an “equal weight” rating in a research note on Wednesday, January 31st. BMO Capital Markets increased their price objective on Verisk Analytics from $83.00 to $91.00 and gave the company a “market perform” rating in a research note on Thursday, November 2nd. Finally, Credit Suisse Group increased their price objective on Verisk Analytics from $85.00 to $92.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Verisk Analytics presently has a consensus rating of “Hold” and a consensus target price of $96.85.
In related news, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The stock was sold at an average price of $92.72, for a total transaction of $278,160.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Lee Shavel bought 399 shares of the firm’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average price of $94.05 per share, with a total value of $37,525.95. Following the acquisition, the chief financial officer now owns 23,128 shares of the company’s stock, valued at $2,175,188.40. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 1,177 shares of company stock valued at $112,591 and have sold 31,526 shares valued at $2,987,428. 3.41% of the stock is owned by corporate insiders.
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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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