Markel Corp raised its position in Verisk Analytics Inc. (NASDAQ:VRSK) by 5.8% during the third quarter, Holdings Channel reports. The fund owned 55,000 shares of the company’s stock after buying an additional 3,000 shares during the period. Markel Corp’s holdings in Verisk Analytics were worth $4,470,000 as of its most recent SEC filing.
A number of other hedge funds have also modified their holdings of the company. Pinkerton Retirement Specialists LLC bought a new stake in shares of Verisk Analytics during the second quarter worth about $100,000. Van ECK Associates Corp bought a new stake in shares of Verisk Analytics during the second quarter worth about $111,000. Huntington National Bank raised its stake in shares of Verisk Analytics by 97.1% in the third quarter. Huntington National Bank now owns 1,518 shares of the company’s stock worth $123,000 after buying an additional 748 shares during the period. Checchi Capital Advisers LLC raised its stake in shares of Verisk Analytics by 1.9% in the second quarter. Checchi Capital Advisers LLC now owns 1,602 shares of the company’s stock worth $130,000 after buying an additional 30 shares during the period. Finally, Creative Planning raised its stake in shares of 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 during the period. Hedge funds and other institutional investors own 92.15% of the company’s stock.
Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.101% on Friday, hitting $83.975. 60,612 shares of the stock were exchanged. The stock has a market capitalization of $14.06 billion, a P/E ratio of 24.200 and a beta of 0.65. The company has a 50 day moving average of $81.59 and a 200 day moving average of $81.29. Verisk Analytics Inc. has a one year low of $64.79 and a one year high of $86.00.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, November 1st. The company reported $0.84 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.09. Verisk Analytics had a net margin of 29.06% and a return on equity of 38.26%. The firm earned $498.10 million during the quarter, compared to the consensus estimate of $496.70 million. During the same quarter in the prior year, the firm earned $0.85 earnings per share. The business’s quarterly revenue was up 6.0% on a year-over-year basis. On average, equities research analysts forecast that Verisk Analytics Inc. will post $3.08 earnings per share for the current fiscal year.
VRSK has been the subject of a number of research reports. 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 initiated coverage on shares of Verisk Analytics in a research note on Thursday, August 25th. They set a “neutral” rating and a $88.00 target price for the company. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Saturday, November 12th. Finally, BMO Capital Markets reissued a “hold” rating on shares of Verisk Analytics in a research note on Thursday, November 3rd. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $88.14.
In other news, SVP Vincent De P. Mccarthy sold 2,400 shares of the company’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 completion of the transaction, the senior vice president now owns 34,349 shares in the company, valued at $2,875,011.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Mark V. Anquillare sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, October 13th. The shares were 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 disclosure for this sale can be found here. 3.47% of the stock is currently owned by company insiders.
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.