M&T Bank Corp lifted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,121 shares of the business services provider’s stock after buying an additional 1,418 shares during the quarter. M&T Bank Corp’s holdings in Verisk Analytics were worth $3,721,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the stock. Fiera Capital Corp boosted its stake in shares of Verisk Analytics by 0.6% in the second quarter. Fiera Capital Corp now owns 8,778 shares of the business services provider’s stock valued at $741,000 after buying an additional 54 shares in the last quarter. First Manhattan Co. boosted its stake in shares of Verisk Analytics by 1.6% in the second quarter. First Manhattan Co. now owns 3,658 shares of the business services provider’s stock valued at $308,000 after buying an additional 58 shares in the last quarter. Mason Street Advisors LLC boosted its stake in shares of Verisk Analytics by 0.4% in the first quarter. Mason Street Advisors LLC now owns 21,378 shares of the business services provider’s stock valued at $1,735,000 after buying an additional 75 shares in the last quarter. Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of Verisk Analytics by 1.3% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 7,544 shares of the business services provider’s stock valued at $612,000 after buying an additional 100 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC boosted its stake in shares of Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock valued at $165,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The firm had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the company posted $0.73 EPS.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total transaction of $107,527.84. Following the completion of the transaction, the director now directly owns 9,989 shares of the company’s stock, valued at approximately $823,692.94. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $82.50, for a total value of $247,500.00. Following the transaction, the director now directly 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 ninety days, insiders have sold 14,304 shares of company stock valued at $1,163,228. 3.41% of the stock is currently owned by corporate insiders.

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A number of research firms recently weighed in on VRSK. UBS AG restated a “sell” rating and issued a $75.00 price target (up from $71.00) on shares of Verisk Analytics in a research note on Friday, July 14th. BMO Capital Markets restated a “hold” rating and issued a $83.00 price target on shares of Verisk Analytics in a research note on Friday, September 15th. SunTrust Banks, Inc. downgraded Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price target on the stock. in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods set a $90.00 price target on Verisk Analytics and gave the company a “buy” rating in a research note on Monday, August 21st. Finally, Credit Suisse Group restated a “neutral” rating and issued a $85.00 price target (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $85.38.

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

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