Verisk Analytics, Inc. (NASDAQ:VRSK) is Shelter Mutual Insurance Co’s 5th Largest Position

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Shelter Mutual Insurance Co reduced its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 8.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,400 shares of the business services provider’s stock after selling 8,500 shares during the period. Verisk Analytics comprises approximately 3.7% of Shelter Mutual Insurance Co’s portfolio, making the stock its 5th largest position. Shelter Mutual Insurance Co owned approximately 0.05% of Verisk Analytics worth $12,947,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VRSK. Dimensional Fund Advisors LP increased its holdings in shares of Verisk Analytics by 15.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 714,381 shares of the business services provider’s stock worth $77,894,000 after purchasing an additional 97,061 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Verisk Analytics by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 2,283,215 shares of the business services provider’s stock worth $248,557,000 after purchasing an additional 168,185 shares during the last quarter. Millennium Management LLC bought a new stake in shares of Verisk Analytics in the fourth quarter worth about $1,189,000. FMR LLC increased its holdings in shares of Verisk Analytics by 41.8% in the fourth quarter. FMR LLC now owns 18,344 shares of the business services provider’s stock worth $2,000,000 after purchasing an additional 5,410 shares during the last quarter. Finally, Retirement Systems of Alabama increased its holdings in shares of Verisk Analytics by 0.3% in the first quarter. Retirement Systems of Alabama now owns 76,136 shares of the business services provider’s stock worth $10,126,000 after purchasing an additional 252 shares during the last quarter. 93.23% of the stock is owned by institutional investors and hedge funds.

NASDAQ VRSK traded up $1.90 during trading hours on Thursday, hitting $154.99. 8,645 shares of the company were exchanged, compared to its average volume of 718,742. The stock has a 50-day moving average price of $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 52 week low of $102.74 and a 52 week high of $157.60. The stock has a market capitalization of $25.42 billion, a PE ratio of 37.67, a PEG ratio of 3.47 and a beta of 0.76.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, July 30th. The business services provider reported $1.10 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.10. Verisk Analytics had a return on equity of 33.05% and a net margin of 23.97%. The company had revenue of $652.60 million for the quarter, compared to analysts’ expectations of $642.61 million. During the same period in the previous year, the firm posted $1.06 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. As a group, analysts expect that Verisk Analytics, Inc. will post 4.43 EPS for the current year.

In other Verisk Analytics news, Director Constantine Iordanou sold 2,122 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $153.01, for a total transaction of $324,687.22. Following the sale, the director now directly owns 59,214 shares of the company’s stock, valued at $9,060,334.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO David J. Grover sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $144.25, for a total value of $432,750.00. Following the sale, the chief accounting officer now directly owns 9,931 shares in the company, valued at $1,432,546.75. The disclosure for this sale can be found here. Insiders have sold 29,928 shares of company stock worth $4,475,722 over the last three months. 2.71% of the stock is currently owned by insiders.

Several equities research analysts have recently issued reports on the company. Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a report on Saturday, April 27th. Bank of America lifted their target price on Verisk Analytics from $146.00 to $155.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st. SunTrust Banks lifted their target price on Verisk Analytics to $150.00 and gave the stock a “hold” rating in a report on Thursday, May 2nd. They noted that the move was a valuation call. Deutsche Bank set a $137.00 target price on Verisk Analytics and gave the stock a “hold” rating in a report on Tuesday, April 23rd. Finally, Barclays reaffirmed a “buy” rating and issued a $155.00 target price on shares of Verisk Analytics in a report on Sunday, May 5th. Two analysts have rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Verisk Analytics presently has an average rating of “Hold” and a consensus target price of $138.89.

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

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