Private Advisor Group LLC Has $3.29 Million Position in Verisk Analytics (VRSK)

Private Advisor Group LLC lowered its position in shares of Verisk Analytics (NASDAQ:VRSK) by 17.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,587 shares of the business services provider’s stock after selling 6,685 shares during the quarter. Private Advisor Group LLC’s holdings in Verisk Analytics were worth $3,285,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. California Public Employees Retirement System boosted its position in Verisk Analytics by 0.6% during the fourth quarter. California Public Employees Retirement System now owns 322,425 shares of the business services provider’s stock worth $30,953,000 after acquiring an additional 2,050 shares during the last quarter. BlackRock Inc. boosted its position in Verisk Analytics by 0.9% during the fourth quarter. BlackRock Inc. now owns 9,751,852 shares of the business services provider’s stock worth $936,178,000 after acquiring an additional 86,377 shares during the last quarter. UBS Asset Management Americas Inc. boosted its position in Verisk Analytics by 7.6% during the fourth quarter. UBS Asset Management Americas Inc. now owns 1,294,928 shares of the business services provider’s stock worth $124,313,000 after acquiring an additional 90,980 shares during the last quarter. Arizona State Retirement System boosted its position in Verisk Analytics by 6.1% during the fourth quarter. Arizona State Retirement System now owns 95,766 shares of the business services provider’s stock worth $9,194,000 after acquiring an additional 5,494 shares during the last quarter. Finally, Two Sigma Advisers LP acquired a new stake in Verisk Analytics during the fourth quarter worth approximately $12,257,000. Hedge funds and other institutional investors own 93.48% of the company’s stock.

In other news, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $100.00, for a total value of $300,000.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Scott G. Stephenson sold 64,063 shares of the firm’s stock in a transaction on Tuesday, May 15th. The shares were sold at an average price of $104.89, for a total transaction of $6,719,568.07. Following the completion of the transaction, the chief executive officer now directly owns 638,901 shares in the company, valued at approximately $67,014,325.89. The disclosure for this sale can be found here. In the last three months, insiders bought 1,068 shares of company stock worth $112,950 and sold 518,830 shares worth $54,153,984. Company insiders own 3.19% of the company’s stock.

Verisk Analytics opened at $106.31 on Friday, Marketbeat reports. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.93. The company has a market cap of $17.57 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 1.97 and a beta of 0.67. Verisk Analytics has a fifty-two week low of $78.29 and a fifty-two week high of $108.58.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings results on Tuesday, May 1st. The business services provider reported $0.94 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.94. Verisk Analytics had a net margin of 26.05% and a return on equity of 31.75%. The company had revenue of $581.00 million for the quarter, compared to the consensus estimate of $565.41 million. During the same quarter last year, the firm posted $0.74 earnings per share. Verisk Analytics’s revenue was up 15.6% on a year-over-year basis. equities analysts predict that Verisk Analytics will post 4.1 earnings per share for the current fiscal year.

A number of analysts recently issued reports on VRSK shares. Keefe, Bruyette & Woods set a $112.00 target price on shares of Verisk Analytics and gave the stock a “buy” rating in a research report on Friday, February 23rd. BidaskClub upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating in a research report on Tuesday, January 23rd. JPMorgan Chase upgraded shares of Verisk Analytics from a “neutral” rating to an “overweight” rating and set a $100.00 target price on the stock in a research report on Thursday, February 22nd. Morgan Stanley set a $107.00 price target on shares of Verisk Analytics and gave the stock a “hold” rating in a research note on Thursday, February 22nd. Finally, Wells Fargo reaffirmed an “outperform” rating and set a $115.00 price target (up previously from $105.00) on shares of Verisk Analytics in a research note on Thursday, February 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Verisk Analytics currently has a consensus rating of “Buy” and an average price target of $104.36.

Verisk Analytics Company 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.

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

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