Stephens Investment Management Group LLC increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 382,372 shares of the business services provider’s stock after buying an additional 3,504 shares during the period. Verisk Analytics accounts for about 1.1% of Stephens Investment Management Group LLC’s investment portfolio, making the stock its 24th biggest holding. Stephens Investment Management Group LLC owned approximately 0.23% of Verisk Analytics worth $56,002,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of VRSK. AKO Capital LLP bought a new stake in shares of Verisk Analytics during the first quarter worth approximately $93,699,000. Federated Investors Inc. PA raised its stake in shares of Verisk Analytics by 129.7% during the first quarter. Federated Investors Inc. PA now owns 816,491 shares of the business services provider’s stock worth $108,594,000 after buying an additional 461,047 shares during the last quarter. FMR LLC raised its stake in shares of Verisk Analytics by 2,216.3% during the first quarter. FMR LLC now owns 424,897 shares of the business services provider’s stock worth $56,511,000 after buying an additional 406,553 shares during the last quarter. Ardevora Asset Management LLP bought a new stake in shares of Verisk Analytics during the first quarter worth approximately $38,051,000. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of Verisk Analytics during the second quarter worth approximately $20,094,000. 93.23% of the stock is owned by institutional investors and hedge funds.
VRSK has been the subject of a number of recent research reports. Bank of America boosted their price target on shares of Verisk Analytics from $146.00 to $155.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 31st. UBS Group boosted their price objective on shares of Verisk Analytics from $119.00 to $124.00 and gave the company a “sell” rating in a report on Wednesday, July 10th. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. BidaskClub upgraded shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Deutsche Bank set a $137.00 price objective on shares of Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $138.89.
NASDAQ VRSK traded up $2.03 during trading on Thursday, reaching $155.12. 7,920 shares of the stock traded hands, compared to its average volume of 718,742. The company has a market capitalization of $25.42 billion, a price-to-earnings ratio of 37.67, a price-to-earnings-growth ratio of 3.47 and a beta of 0.76. The firm’s 50-day moving average is $151.26. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.21. Verisk Analytics, Inc. has a fifty-two week low of $102.74 and a fifty-two week high of $157.60.
Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, July 30th. The business services provider reported $1.10 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.10. The company had revenue of $652.60 million during the quarter, compared to analysts’ expectations of $642.61 million. Verisk Analytics had a net margin of 23.97% and a return on equity of 33.05%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.06 earnings per share. As a group, equities analysts anticipate that Verisk Analytics, Inc. will post 4.43 EPS for the current fiscal year.
Verisk Analytics Company Profile
Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.
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