Verisk Analytics, Inc. (VRSK) Holdings Increased by TD Asset Management Inc.

TD Asset Management Inc. raised its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 248,285 shares of the business services provider’s stock after buying an additional 7,429 shares during the quarter. TD Asset Management Inc. owned approximately 0.15% of Verisk Analytics worth $29,931,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. TRUE Private Wealth Advisors purchased a new stake in Verisk Analytics in the 3rd quarter valued at about $110,000. Financial Architects Inc purchased a new stake in shares of Verisk Analytics during the 3rd quarter worth about $113,000. Fort L.P. purchased a new stake in shares of Verisk Analytics during the 2nd quarter worth about $121,000. Harvest Fund Management Co. Ltd purchased a new stake in shares of Verisk Analytics during the 3rd quarter worth about $139,000. Finally, NuWave Investment Management LLC grew its holdings in shares of Verisk Analytics by 458.2% during the 3rd 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. Institutional investors own 92.38% of the company’s stock.

A number of analysts have recently issued reports on VRSK shares. BidaskClub cut Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 22nd. Zacks Investment Research upgraded Verisk Analytics from a “hold” rating to a “buy” rating and set a $125.00 target price for the company in a report on Tuesday, July 17th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $115.00 target price on shares of Verisk Analytics in a report on Thursday, July 19th. Morgan Stanley reiterated a “hold” rating and set a $119.00 target price (up previously from $113.00) on shares of Verisk Analytics in a report on Thursday, September 13th. Finally, SunTrust Banks boosted their target price on Verisk Analytics to $120.00 in a report on Thursday, November 1st. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Hold” and a consensus price target of $112.17.

In other Verisk Analytics news, Director Christopher M. Foskett sold 5,300 shares of the company’s stock in a transaction that occurred on Monday, November 5th. The stock was sold at an average price of $115.86, for a total value of $614,058.00. Following the completion of the transaction, the director now owns 13,091 shares in the company, valued at approximately $1,516,723.26. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the company’s stock in a transaction that occurred on Monday, August 20th. The stock was sold at an average price of $117.43, for a total value of $362,858.70. Following the completion of the transaction, the insider now owns 37,127 shares of the company’s stock, valued at approximately $4,359,823.61. The disclosure for this sale can be found here. In the last 90 days, insiders sold 302,275 shares of company stock valued at $35,696,533. 3.19% of the stock is owned by company insiders.

NASDAQ VRSK opened at $123.38 on Friday. The company has a market capitalization of $19.91 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 2.50 and a beta of 0.58. Verisk Analytics, Inc. has a fifty-two week low of $89.65 and a fifty-two week high of $123.81. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.49 and a quick ratio of 0.49.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.01. The firm had revenue of $598.70 million during the quarter, compared to analysts’ expectations of $596.79 million. Verisk Analytics had a return on equity of 31.53% and a net margin of 27.94%. Verisk Analytics’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.84 EPS. As a group, sell-side analysts forecast that Verisk Analytics, Inc. will post 4.15 earnings per share for the current fiscal year.

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About Verisk Analytics

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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