Verisk Analytics, Inc. (VRSK) Holding Grow by Prudential Financial Inc.

Verisk Analytics, Inc. (VRSK) Holding Grow by Prudential Financial Inc.

Prudential Financial Inc. increased its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 216,456 shares of the business services provider’s stock after buying an additional 1,370 shares during the period. Prudential Financial Inc.’s holdings in Verisk Analytics were worth $17,563,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Perennial Advisors LLC bought a new position in shares of Verisk Analytics during the fourth quarter valued at approximately $106,000. Ledyard National Bank raised its position in shares of Verisk Analytics by 40.4% in the first quarter. Ledyard National Bank now owns 2,085 shares of the business services provider’s stock valued at $169,000 after buying an additional 600 shares during the last quarter. Pacad Investment Ltd. bought a new position in shares of Verisk Analytics during the fourth quarter valued at approximately $211,000. Lloyds Banking Group plc raised its position in shares of Verisk Analytics by 51.3% in the third quarter. Lloyds Banking Group plc now owns 2,768 shares of the business services provider’s stock valued at $224,000 after buying an additional 938 shares during the last quarter. Finally, Conning Inc. raised its position in shares of Verisk Analytics by 3.1% in the first quarter. Conning Inc. now owns 2,990 shares of the business services provider’s stock valued at $243,000 after buying an additional 90 shares during the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) traded down 0.07% during trading on Monday, reaching $81.80. 215,424 shares of the company traded hands. Verisk Analytics, Inc. has a 1-year low of $75.60 and a 1-year high of $87.40. The stock’s 50 day moving average is $80.39 and its 200 day moving average is $81.65. The company has a market capitalization of $13.52 billion, a price-to-earnings ratio of 22.99 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, May 2nd. The business services provider reported $0.74 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by $0.04. Verisk Analytics had a net margin of 29.06% and a return on equity of 38.26%. The firm had revenue of $502.60 million during the quarter, compared to analysts’ expectations of $511.99 million. On average, analysts forecast that Verisk Analytics, Inc. will post $3.18 EPS for the current year.

Several equities analysts recently commented on VRSK shares. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $92.00 price objective on shares of Verisk Analytics in a research report on Tuesday, May 2nd. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, February 24th. Royal Bank of Canada set a $86.00 price objective on shares of Verisk Analytics and gave the company a “hold” rating in a research report on Wednesday, February 22nd. BMO Capital Markets decreased their price objective on shares of Verisk Analytics from $87.00 to $85.00 and set a “market perform” rating for the company in a research report on Monday, March 20th. Finally, Citigroup Inc downgraded shares of Verisk Analytics to a “neutral” rating and set a $89.00 price target on the stock. in a report on Wednesday, February 15th. They noted that the move was a valuation call. One analyst has rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $86.89.

In other Verisk Analytics news, CFO Eva F. Huston sold 1,267 shares of the business’s stock in a transaction that occurred on Wednesday, April 5th. The stock was sold at an average price of $79.98, for a total value of $101,334.66. Following the completion of the sale, the chief financial officer now owns 11,920 shares in the company, valued at $953,361.60. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Christopher M. Foskett sold 10,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 15th. The shares were sold at an average price of $79.74, for a total value of $837,270.00. Following the completion of the sale, the director now owns 19,630 shares of the company’s stock, valued at approximately $1,565,296.20. The disclosure for this sale can be found here. In the last quarter, insiders sold 50,989 shares of company stock valued at $4,095,185. 3.47% of the stock is owned by company insiders.

About Verisk Analytics

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:VRSK”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

Related posts

Leave a Comment