Vanguard Group Inc. Has $1,092,832,000 Position in Verisk Analytics Inc. (VRSK)
Vanguard Group Inc. boosted its position in shares of Verisk Analytics Inc. (NASDAQ:VRSK) by 1.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,478,427 shares of the company’s stock after buying an additional 248,713 shares during the period. Vanguard Group Inc. owned 7.98% of Verisk Analytics worth $1,092,832,000 as of its most recent filing with the SEC.
Several other hedge funds have also recently made changes to their positions in the stock. Legal & General Group Plc increased its stake in shares of Verisk Analytics by 0.7% in the first quarter. Legal & General Group Plc now owns 627,541 shares of the company’s stock valued at $50,153,000 after buying an additional 4,216 shares during the period. Junto Capital Management LP bought a new stake in shares of Verisk Analytics during the first quarter valued at approximately $27,233,000. National Pension Service increased its stake in shares of Verisk Analytics by 4.6% in the first quarter. National Pension Service now owns 106,785 shares of the company’s stock valued at $8,534,000 after buying an additional 4,675 shares during the period. Mn Services Vermogensbeheer B.V. bought a new stake in shares of Verisk Analytics during the first quarter valued at approximately $283,000. Finally, AXA increased its stake in shares of Verisk Analytics by 185.9% in the first quarter. AXA now owns 301,300 shares of the company’s stock valued at $24,080,000 after buying an additional 195,900 shares during the period. Institutional investors and hedge funds own 90.79% of the company’s stock.
Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.41% during trading on Wednesday, hitting $80.90. 46,332 shares of the company traded hands. The firm has a market capitalization of $13.67 billion, a P/E ratio of 23.21 and a beta of 0.50. Verisk Analytics Inc. has a 12-month low of $64.79 and a 12-month high of $86.00. The stock has a 50-day moving average price of $82.10 and a 200-day moving average price of $80.12.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, August 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.76 by $0.03. Verisk Analytics had a net margin of 28.54% and a return on equity of 39.49%. The business earned $498.30 million during the quarter, compared to analyst estimates of $504.44 million. During the same period last year, the firm posted $0.77 earnings per share. Verisk Analytics’s quarterly revenue was up 16.3% compared to the same quarter last year. Equities analysts expect that Verisk Analytics Inc. will post $3.01 EPS for the current fiscal year.
Several analysts have commented on VRSK shares. Cantor Fitzgerald set a $87.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Saturday, August 6th. Macquarie started coverage on shares of Verisk Analytics in a report on Thursday, August 25th. They set a “neutral” rating and a $88.00 target price on the stock. Finally, Morgan Stanley restated an “overweight” rating on shares of Verisk Analytics in a report on Wednesday, June 29th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Verisk Analytics presently has a consensus rating of “Buy” and an average price target of $84.80.
In other news, COO Mark V. Anquillare sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 13th. The stock was sold at an average price of $84.60, for a total transaction of $1,692,000.00. Following the transaction, the chief operating officer now directly owns 74,090 shares of the company’s stock, valued at $6,268,014. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Vincent De P. Mccarthy sold 2,400 shares of the company’s stock in a transaction that occurred on Tuesday, July 5th. The stock was sold at an average price of $80.64, for a total value of $193,536.00. Following the transaction, the senior vice president now directly owns 34,349 shares in the company, valued at $2,769,903.36. The disclosure for this sale can be found here. 3.47% of the stock is owned by company insiders.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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.