Trade Report: Today: Verisk Analytics Inc. (VRSK) Stake Held by American Financial Group Inc.

Today: Verisk Analytics Inc. (VRSK) Stake Held by American Financial Group Inc.

American Financial Group Inc. continued to hold its position in shares of Verisk Analytics Inc. (NASDAQ:VRSK) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 186,191 shares of the company’s stock at the end of the third quarter. Verisk Analytics makes up approximately 1.1% of American Financial Group Inc.’s portfolio, making the stock its 29th largest position. American Financial Group Inc. owned about 0.11% of Verisk Analytics worth $15,134,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Verisk Analytics by 1.9% in the second quarter. Vanguard Group Inc. now owns 13,478,427 shares of the company’s stock worth $1,092,832,000 after buying an additional 248,713 shares in the last quarter. FMR LLC boosted its stake in Verisk Analytics by 0.6% in the second quarter. FMR LLC now owns 8,043,028 shares of the company’s stock worth $652,129,000 after buying an additional 50,948 shares in the last quarter. Janus Capital Management LLC boosted its stake in Verisk Analytics by 6.9% in the second quarter. Janus Capital Management LLC now owns 6,204,591 shares of the company’s stock worth $503,055,000 after buying an additional 402,985 shares in the last quarter. Parnassus Investments CA boosted its stake in Verisk Analytics by 1.4% in the second quarter. Parnassus Investments CA now owns 4,455,107 shares of the company’s stock worth $361,220,000 after buying an additional 61,061 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in Verisk Analytics by 2.4% in the second quarter. Principal Financial Group Inc. now owns 3,510,041 shares of the company’s stock worth $284,594,000 after buying an additional 82,973 shares in the last quarter. Institutional investors own 91.59% of the company’s stock.

Verisk Analytics Inc. (NASDAQ:VRSK) opened at 84.11 on Monday. The stock has a market capitalization of $14.08 billion, a price-to-earnings ratio of 24.24 and a beta of 0.65. Verisk Analytics Inc. has a 52-week low of $64.79 and a 52-week high of $86.00. The firm’s 50-day moving average is $81.76 and its 200-day moving average is $81.33.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, November 1st. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ 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 had revenue of $498.10 million for the quarter, compared to analyst estimates of $496.70 million. During the same period in the prior year, the firm earned $0.85 earnings per share. The business’s quarterly revenue was up 6.0% compared to the same quarter last year. Analysts predict that Verisk Analytics Inc. will post $3.08 earnings per share for the current year.

Several equities analysts recently commented on VRSK shares. Cantor Fitzgerald set a $87.00 price objective on shares of Verisk Analytics and gave the company a “buy” rating in a research report on Wednesday, August 3rd. Macquarie started coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price objective for the company. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Saturday, November 12th. Finally, BMO Capital Markets reaffirmed a “hold” rating on shares of Verisk Analytics in a research report on Thursday, November 3rd. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $88.14.

In related 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 stock was 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 directly owns 34,349 shares of the company’s stock, valued at $2,875,011.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 value of $1,577,600.00. Following the completion of the transaction, the chief operating officer now directly owns 74,090 shares of the company’s stock, valued at $5,844,219.20. The disclosure for this sale can be found here. Corporate insiders own 3.47% of the company’s stock.

Verisk Analytics Company Profile

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