Bronfman E.L. Rothschild L.P. lowered its stake in Verisk Analytics Inc. (NASDAQ:VRSK) by 0.8% during the third quarter, Holdings Channel reports. The institutional investor owned 5,601 shares of the company’s stock after selling 44 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Verisk Analytics were worth $455,000 as of its most recent filing with the SEC.
Other hedge funds have also bought and sold shares of the company. First Manhattan Co. raised its position in Verisk Analytics by 7.6% in the second quarter. First Manhattan Co. now owns 3,875 shares of the company’s stock worth $314,000 after buying an additional 275 shares in the last quarter. Douglass Winthrop Advisors LLC raised its position in Verisk Analytics by 4,342.6% in the second quarter. Douglass Winthrop Advisors LLC now owns 189,609 shares of the company’s stock worth $14,014,000 after buying an additional 185,341 shares in the last quarter. Capstone Asset Management Co. raised its position in Verisk Analytics by 7.8% in the second quarter. Capstone Asset Management Co. now owns 19,053 shares of the company’s stock worth $1,545,000 after buying an additional 1,380 shares in the last quarter. Creative Planning raised its position in Verisk Analytics by 27.9% in the second quarter. Creative Planning now owns 1,625 shares of the company’s stock worth $132,000 after buying an additional 354 shares in the last quarter. Finally, Atria Investments LLC purchased a new position in Verisk Analytics during the second quarter worth approximately $207,000. Hedge funds and other institutional investors own 92.15% of the company’s stock.
Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.101% during midday trading on Friday, hitting $83.975. The stock had a trading volume of 60,565 shares. The stock’s 50-day moving average is $81.59 and its 200-day moving average is $81.29. The stock has a market capitalization of $14.06 billion, a PE ratio of 24.200 and a beta of 0.65. Verisk Analytics Inc. has a 1-year low of $64.79 and a 1-year high of $86.00.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, November 1st. The company reported $0.84 EPS for the quarter, beating the consensus estimate of $0.75 by $0.09. The firm had revenue of $498.10 million for the quarter, compared to analyst estimates of $496.70 million. Verisk Analytics had a return on equity of 38.26% and a net margin of 29.06%. The company’s revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 EPS. On average, equities research analysts anticipate that Verisk Analytics Inc. will post $3.08 EPS for the current fiscal year.
A number of equities analysts recently issued reports on VRSK shares. Cantor Fitzgerald set a $87.00 target price on shares of Verisk Analytics and gave the company a “buy” rating in a research note on Wednesday, August 3rd. Macquarie assumed coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They set a “neutral” rating and a $88.00 price target on the stock. Zacks Investment Research downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Saturday, November 12th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Verisk Analytics in a research report on Thursday, November 3rd. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $88.14.
In related news, COO Mark V. Anquillare sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 13th. The stock was sold at an average price of $78.88, for a total transaction of $1,577,600.00. Following the completion of the transaction, the chief operating officer now owns 74,090 shares of the company’s stock, valued at approximately $5,844,219.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Vincent De P. Mccarthy sold 2,400 shares of the firm’s stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $83.70, for a total value of $200,880.00. Following the transaction, the senior vice president now directly owns 34,349 shares of the company’s stock, valued at approximately $2,875,011.30. The disclosure for this sale can be found here. Corporate insiders own 3.47% of the company’s stock.
About Verisk Analytics
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.