Farallon Capital Management LLC lifted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,663,403 shares of the business services provider’s stock after buying an additional 27,596 shares during the quarter. Verisk Analytics makes up approximately 1.3% of Farallon Capital Management LLC’s investment portfolio, making the stock its 23rd largest position. Farallon Capital Management LLC owned approximately 1.01% of Verisk Analytics worth $159,687,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. Profund Advisors LLC raised its position in Verisk Analytics by 9.2% in the 4th quarter. Profund Advisors LLC now owns 14,101 shares of the business services provider’s stock valued at $1,354,000 after purchasing an additional 1,191 shares in the last quarter. Telemark Asset Management LLC purchased a new position in Verisk Analytics during the 4th quarter worth approximately $19,200,000. Renaissance Technologies LLC grew its stake in Verisk Analytics by 52.5% during the 4th quarter. Renaissance Technologies LLC now owns 42,100 shares of the business services provider’s stock worth $4,042,000 after buying an additional 14,493 shares during the last quarter. Pitcairn Co. purchased a new position in shares of Verisk Analytics in the 4th quarter valued at approximately $222,000. Finally, Invictus RG purchased a new position in shares of Verisk Analytics in the 4th quarter valued at approximately $401,000. Institutional investors own 92.46% of the company’s stock.
Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) traded down $0.39 during trading hours on Wednesday, hitting $104.09. The company had a trading volume of 500,586 shares, compared to its average volume of 972,116. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $17,240.00, a price-to-earnings ratio of 37.82, a price-to-earnings-growth ratio of 2.41 and a beta of 0.71. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $106.07.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.56. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. The company had revenue of $570.30 million for the quarter, compared to the consensus estimate of $557.09 million. During the same period last year, the business posted $0.80 earnings per share. The firm’s revenue was up 12.7% compared to the same quarter last year. sell-side analysts anticipate that Verisk Analytics, Inc. will post 3.97 earnings per share for the current fiscal year.
In other news, Director John F. Lehman sold 7,107 shares of the business’s stock in a transaction on Friday, March 9th. The shares were sold at an average price of $105.37, for a total value of $748,864.59. Following the completion of the transaction, the director now owns 106,656 shares of the company’s stock, valued at approximately $11,238,342.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John F. Lehman sold 10,526 shares of the business’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $95.11, for a total transaction of $1,001,127.86. Following the completion of the sale, the director now directly owns 92,656 shares in the company, valued at $8,812,512.16. The disclosure for this sale can be found here. In the last 90 days, insiders have acquired 1,531 shares of company stock valued at $149,796 and have sold 107,220 shares valued at $10,762,450. 3.41% of the stock is owned by company insiders.
VRSK has been the subject of several recent analyst reports. Cantor Fitzgerald reissued a “buy” rating and issued a $108.00 price target on shares of Verisk Analytics in a report on Friday, December 8th. Zacks Investment Research cut Verisk Analytics from a “buy” rating to a “hold” rating in a report on Saturday, January 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $106.00 price objective on shares of Verisk Analytics in a research report on Friday, December 22nd. Royal Bank of Canada reissued a “hold” rating and set a $90.00 price target on shares of Verisk Analytics in a research report on Sunday, December 10th. Finally, BidaskClub upgraded Verisk Analytics from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $103.07.
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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