King Luther Capital Management Corp lessened its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 188,832 shares of the business services provider’s stock after selling 2,875 shares during the period. King Luther Capital Management Corp owned 0.11% of Verisk Analytics worth $15,709,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of VRSK. Engineers Gate Manager LP purchased a new stake in shares of Verisk Analytics in the 3rd quarter valued at about $1,537,000. Synovus Financial Corp increased its position in shares of Verisk Analytics by 9.8% during the 3rd quarter. Synovus Financial Corp now owns 15,143 shares of the business services provider’s stock valued at $1,261,000 after purchasing an additional 1,348 shares during the last quarter. Cramer Rosenthal Mcglynn LLC bought a new position in shares of Verisk Analytics during the 3rd quarter valued at about $22,729,000. Mackenzie Financial Corp increased its position in shares of Verisk Analytics by 8.5% during the 3rd quarter. Mackenzie Financial Corp now owns 903,963 shares of the business services provider’s stock valued at $75,201,000 after purchasing an additional 70,507 shares during the last quarter. Finally, Stifel Financial Corp increased its position in shares of Verisk Analytics by 0.7% during the 3rd quarter. Stifel Financial Corp now owns 109,275 shares of the business services provider’s stock valued at $9,079,000 after purchasing an additional 770 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Verisk Analytics, Inc. (VRSK) opened at $95.94 on Wednesday. The stock has a market capitalization of $15,812.07, a price-to-earnings ratio of 30.00, a price-to-earnings-growth ratio of 3.41 and a beta of 0.80. Verisk Analytics, Inc. has a one year low of $75.60 and a one year high of $98.60. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.45 and a current ratio of 0.45.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.06. The business had revenue of $549.10 million during the quarter, compared to analysts’ expectations of $527.97 million. Verisk Analytics had a return on equity of 36.91% and a net margin of 22.09%. The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.84 earnings per share. equities research analysts forecast that Verisk Analytics, Inc. will post 3.17 EPS for the current fiscal year.

In related news, Director Christopher M. Foskett sold 5,500 shares of Verisk Analytics stock in a transaction on Thursday, November 9th. The stock was sold at an average price of $91.02, for a total value of $500,610.00. Following the completion of the sale, the director now owns 15,489 shares of the company’s stock, valued at $1,409,808.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $92.72, for a total value of $278,160.00. The disclosure for this sale can be found here. In the last three months, insiders sold 311,146 shares of company stock valued at $26,913,044. Corporate insiders own 3.41% of the company’s stock.

VRSK has been the topic of several recent research reports. Cantor Fitzgerald reiterated a “buy” rating and set a $92.00 price objective on shares of Verisk Analytics in a research report on Wednesday, November 1st. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. Keefe, Bruyette & Woods set a $90.00 price target on Verisk Analytics and gave the stock a “buy” rating in a research report on Monday, August 21st. Morgan Stanley raised their price target on Verisk Analytics from $83.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 2nd. Finally, SunTrust Banks restated a “hold” rating and set a $85.00 price target on shares of Verisk Analytics in a research report on Wednesday, November 1st. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have given a buy rating to the company’s stock. Verisk Analytics has a consensus rating of “Hold” and an average target price of $89.07.

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Verisk Analytics Company 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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