Waratah Capital Advisors Ltd. Grows Stake in Verisk Analytics, Inc. (VRSK)

Waratah Capital Advisors Ltd. grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 62.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 12,012 shares of the business services provider’s stock after buying an additional 4,607 shares during the period. Waratah Capital Advisors Ltd.’s holdings in Verisk Analytics were worth $1,448,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. TRUE Private Wealth Advisors acquired a new stake in shares of Verisk Analytics during the third quarter worth $110,000. Fort L.P. acquired a new stake in shares of Verisk Analytics during the second quarter worth $121,000. NuWave Investment Management LLC grew its stake in shares of Verisk Analytics by 458.2% during the third quarter. NuWave Investment Management LLC now owns 1,189 shares of the business services provider’s stock worth $143,000 after purchasing an additional 976 shares during the period. Squar Milner Financial Services LLC acquired a new stake in shares of Verisk Analytics during the second quarter worth $146,000. Finally, Captrust Financial Advisors grew its stake in shares of Verisk Analytics by 94.8% during the second quarter. Captrust Financial Advisors now owns 1,541 shares of the business services provider’s stock worth $166,000 after purchasing an additional 750 shares during the period. 92.58% of the stock is owned by institutional investors.

VRSK has been the subject of a number of analyst reports. BidaskClub cut Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 22nd. Zacks Investment Research raised Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 price objective for the company in a research note on Tuesday, July 17th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $115.00 price objective on shares of Verisk Analytics in a research note on Thursday, July 19th. Morgan Stanley reaffirmed a “hold” rating and set a $119.00 price objective (up from $113.00) on shares of Verisk Analytics in a research note on Thursday, September 13th. Finally, SunTrust Banks reiterated a “hold” rating and set a $109.00 target price on shares of Verisk Analytics in a report on Wednesday, August 1st. One analyst has rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. Verisk Analytics currently has an average rating of “Hold” and a consensus price target of $107.93.



In other news, CEO Scott G. Stephenson sold 61,450 shares of the business’s stock in a transaction dated Tuesday, August 7th. The stock was sold at an average price of $115.45, for a total value of $7,094,402.50. Following the sale, the chief executive officer now directly owns 702,755 shares in the company, valued at $81,133,064.75. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of the business’s stock in a transaction dated Wednesday, September 19th. The shares were sold at an average price of $121.97, for a total value of $365,910.00. Following the completion of the sale, the director now owns 82,605 shares in the company, valued at $10,075,331.85. The disclosure for this sale can be found here. Over the last quarter, insiders have acquired 945 shares of company stock worth $112,226 and have sold 377,684 shares worth $44,289,589. Insiders own 3.19% of the company’s stock.

VRSK stock opened at $113.84 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.43 and a current ratio of 0.43. The stock has a market cap of $18.75 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 2.30 and a beta of 0.65. Verisk Analytics, Inc. has a 1-year low of $84.36 and a 1-year high of $122.80.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, July 31st. The business services provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.05. The firm had revenue of $601.30 million for the quarter, compared to analyst estimates of $586.22 million. Verisk Analytics had a return on equity of 31.35% and a net margin of 26.58%. Analysts predict that Verisk Analytics, Inc. will post 4.16 earnings per share for the current year.

Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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