Healthcare of Ontario Pension Plan Trust Fund Decreases Position in Verisk Analytics, Inc. $VRSK

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 44,934 shares of the business services provider’s stock after selling 3,256 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Verisk Analytics were worth $8,526,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. State Street Corp raised its stake in shares of Verisk Analytics by 1.5% in the fourth quarter. State Street Corp now owns 6,076,730 shares of the business services provider’s stock valued at $1,359,304,000 after acquiring an additional 88,300 shares in the last quarter. Geode Capital Management LLC grew its stake in Verisk Analytics by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 4,121,219 shares of the business services provider’s stock worth $923,576,000 after purchasing an additional 36,194 shares in the last quarter. Morgan Stanley increased its holdings in Verisk Analytics by 10.2% during the 4th quarter. Morgan Stanley now owns 3,914,224 shares of the business services provider’s stock worth $875,574,000 after purchasing an additional 362,050 shares during the period. Capital International Investors increased its holdings in Verisk Analytics by 1,200.9% during the 4th quarter. Capital International Investors now owns 3,264,323 shares of the business services provider’s stock worth $730,196,000 after purchasing an additional 3,013,400 shares during the period. Finally, Parnassus Investments LLC raised its position in Verisk Analytics by 21.6% in the 4th quarter. Parnassus Investments LLC now owns 1,815,060 shares of the business services provider’s stock valued at $406,011,000 after purchasing an additional 322,345 shares in the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Up 2.7%

Shares of NASDAQ VRSK opened at $212.26 on Wednesday. The business has a 50-day moving average of $183.95 and a two-hundred day moving average of $189.25. The company has a market capitalization of $27.81 billion, a price-to-earnings ratio of 32.31, a price-to-earnings-growth ratio of 2.31 and a beta of 0.69. Verisk Analytics, Inc. has a 1 year low of $155.94 and a 1 year high of $300.93. The company has a debt-to-equity ratio of 10.42, a current ratio of 1.02 and a quick ratio of 1.02.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The business had revenue of $782.60 million for the quarter, compared to the consensus estimate of $771.62 million. During the same quarter in the prior year, the business posted $1.73 EPS. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. On average, analysts forecast that Verisk Analytics, Inc. will post 7.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Verisk Analytics news, Director Samuel G. Liss sold 4,671 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $182.21, for a total transaction of $851,102.91. Following the sale, the director owned 69,098 shares of the company’s stock, valued at approximately $12,590,346.58. This trade represents a 6.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Elizabeth Mann sold 400 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $159.22, for a total transaction of $63,688.00. Following the sale, the chief financial officer owned 19,584 shares of the company’s stock, valued at $3,118,164.48. This represents a 2.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 16,507 shares of company stock worth $2,925,710 over the last 90 days. 0.52% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on VRSK shares. Morgan Stanley set a $235.00 price objective on Verisk Analytics in a research note on Thursday, April 30th. Bank of America cut their target price on shares of Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 19th. Weiss Ratings cut shares of Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. boosted their price target on shares of Verisk Analytics from $220.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Finally, Rothschild & Co Redburn set a $185.00 price objective on shares of Verisk Analytics and gave the company a “neutral” rating in a research report on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Verisk Analytics has an average rating of “Hold” and an average target price of $234.87.

About Verisk Analytics

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.