Securian Asset Management Inc Raises Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Securian Asset Management Inc raised its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,109 shares of the business services provider’s stock after buying an additional 103 shares during the quarter. Securian Asset Management Inc’s holdings in Verisk Analytics were worth $2,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP grew its stake in shares of Verisk Analytics by 15.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 714,381 shares of the business services provider’s stock worth $77,894,000 after acquiring an additional 97,061 shares during the period. Geode Capital Management LLC grew its stake in shares of 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 acquiring an additional 168,185 shares during the period. Millennium Management LLC bought a new stake in shares of Verisk Analytics in the fourth quarter worth approximately $1,189,000. FMR LLC grew its stake in shares of Verisk Analytics by 41.8% in the fourth quarter. FMR LLC now owns 18,344 shares of the business services provider’s stock worth $2,000,000 after acquiring an additional 5,410 shares during the period. Finally, Conning Inc. grew its stake in shares of Verisk Analytics by 12.3% in the first quarter. Conning Inc. now owns 2,730 shares of the business services provider’s stock worth $363,000 after acquiring an additional 300 shares during the period. Institutional investors own 91.60% of the company’s stock.

Shares of VRSK traded down $0.60 on Friday, reaching $157.45. The company’s stock had a trading volume of 1,453 shares, compared to its average volume of 743,952. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.77 and a quick ratio of 0.77. The stock has a market capitalization of $25.87 billion, a P/E ratio of 38.31, a PEG ratio of 3.53 and a beta of 0.76. The stock’s 50 day simple moving average is $153.00 and its two-hundred day simple moving average is $140.00. Verisk Analytics, Inc. has a 12-month low of $102.74 and a 12-month high of $159.72.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, July 30th. The business services provider reported $1.10 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.10. The company had revenue of $652.60 million for the quarter, compared to the consensus estimate of $642.61 million. Verisk Analytics had a net margin of 23.97% and a return on equity of 33.05%. The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.06 earnings per share. Analysts expect that Verisk Analytics, Inc. will post 4.43 earnings per share for the current year.

In other Verisk Analytics news, Director Constantine Iordanou sold 2,122 shares of Verisk Analytics stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $153.01, for a total transaction of $324,687.22. Following the transaction, the director now owns 59,214 shares of the company’s stock, valued at $9,060,334.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO David J. Grover sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, June 5th. The shares were sold at an average price of $144.25, for a total transaction of $432,750.00. Following the transaction, the chief accounting officer now directly owns 9,931 shares in the company, valued at approximately $1,432,546.75. The disclosure for this sale can be found here. Insiders have sold 29,928 shares of company stock worth $4,475,722 in the last ninety days. Insiders own 2.71% of the company’s stock.

A number of analysts have recently commented on VRSK shares. Morgan Stanley set a $132.00 price target on shares of Verisk Analytics and gave the stock a “hold” rating in a research note on Thursday, May 2nd. Barclays reissued a “buy” rating and issued a $155.00 price objective on shares of Verisk Analytics in a report on Sunday, May 5th. BidaskClub raised shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Bank of America raised their price objective on shares of Verisk Analytics from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. Finally, UBS Group raised their price objective on shares of Verisk Analytics from $119.00 to $124.00 and gave the stock a “sell” rating in a report on Wednesday, July 10th. 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 assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $138.89.

Verisk Analytics Profile

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.

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

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