Schroder Investment Management Group Increases Position in Verisk Analytics, Inc. (VRSK)

Schroder Investment Management Group boosted its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 45.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 600,350 shares of the business services provider’s stock after acquiring an additional 186,400 shares during the period. Schroder Investment Management Group owned 0.36% of Verisk Analytics worth $72,372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Canada Pension Plan Investment Board boosted its holdings in Verisk Analytics by 562,000.0% in the 3rd quarter. Canada Pension Plan Investment Board now owns 56,210 shares of the business services provider’s stock valued at $6,776,000 after purchasing an additional 56,200 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Verisk Analytics by 1.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,223 shares of the business services provider’s stock valued at $4,246,000 after purchasing an additional 504 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new position in Verisk Analytics in the 3rd quarter valued at about $1,229,000. CIBC World Markets Inc. acquired a new position in Verisk Analytics in the 3rd quarter valued at about $853,000. Finally, FMR LLC boosted its holdings in Verisk Analytics by 7.5% in the 3rd quarter. FMR LLC now owns 12,934 shares of the business services provider’s stock valued at $1,559,000 after purchasing an additional 905 shares during the last quarter. 94.09% of the stock is owned by institutional investors.

In other Verisk Analytics news, CFO Lee Shavel acquired 312 shares of the stock in a transaction on Wednesday, September 19th. The shares were bought at an average cost of $119.82 per share, with a total value of $37,383.84. Following the transaction, the chief financial officer now owns 29,110 shares of the company’s stock, valued at approximately $3,487,960.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the firm’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $123.48, for a total transaction of $381,553.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 302,981 shares of company stock worth $36,208,141. Insiders own 3.19% of the company’s stock.

Several equities analysts have recently commented on VRSK shares. Zacks Investment Research lowered shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. BidaskClub upgraded shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Wednesday, September 5th. Keefe, Bruyette & Woods lowered shares of Verisk Analytics from an “outperform” rating to a “market perform” rating and set a $90.00 price objective on the stock. in a report on Thursday, August 2nd. Morgan Stanley restated a “hold” rating and issued a $119.00 price objective (up from $113.00) on shares of Verisk Analytics in a report on Thursday, September 13th. Finally, Bank of America started coverage on shares of Verisk Analytics in a report on Tuesday, October 23rd. They issued a “neutral” rating and a $125.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $112.17.

Verisk Analytics stock opened at $120.06 on Monday. The company has a market cap of $19.76 billion, a price-to-earnings ratio of 37.40, a price-to-earnings-growth ratio of 2.48 and a beta of 0.58. Verisk Analytics, Inc. has a 52-week low of $90.60 and a 52-week high of $124.50. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.07 by $0.01. The company had revenue of $598.70 million for the quarter, compared to analyst estimates of $596.79 million. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.84 EPS. Equities analysts expect 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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