Verisk Analytics, Inc. (VRSK) Stake Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 510,670 shares of the business services provider’s stock after buying an additional 9,669 shares during the period. Dimensional Fund Advisors LP owned about 0.30% of Verisk Analytics worth $41,453,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. ING Groep NV acquired a new stake in shares of Verisk Analytics during the fourth quarter valued at approximately $816,000. Dock Street Asset Management Inc. acquired a new stake in shares of Verisk Analytics during the third quarter valued at approximately $1,745,000. Nationwide Fund Advisors boosted its stake in shares of Verisk Analytics by 0.6% in the third quarter. Nationwide Fund Advisors now owns 326,091 shares of the business services provider’s stock valued at $26,505,000 after buying an additional 2,017 shares during the last quarter. 1st Global Advisors Inc. raised its position in shares of Verisk Analytics by 4.0% in the third quarter. 1st Global Advisors Inc. now owns 15,700 shares of the business services provider’s stock valued at $1,276,000 after buying an additional 606 shares during the period. Finally, Bank of Montreal Can raised its position in shares of Verisk Analytics by 1.5% in the third quarter. Bank of Montreal Can now owns 178,286 shares of the business services provider’s stock valued at $14,492,000 after buying an additional 2,694 shares during the period. Institutional investors own 92.51% of the company’s stock.

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

Verisk Analytics, Inc. (NASDAQ:VRSK) traded up 0.33% during trading on Friday, hitting $81.64. 364,851 shares of the stock were exchanged. The firm’s 50-day moving average is $80.41 and its 200 day moving average is $81.83. Verisk Analytics, Inc. has a 52 week low of $75.72 and a 52 week high of $87.40. The firm has a market cap of $13.58 billion, a PE ratio of 23.62 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, February 21st. The business services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.03. The company had revenue of $506.10 million for the quarter, compared to the consensus estimate of $505.10 million. Verisk Analytics had a net margin of 29.06% and a return on equity of 38.26%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 earnings per share. Analysts expect that Verisk Analytics, Inc. will post $3.29 earnings per share for the current fiscal year.

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Several brokerages have recently issued reports on VRSK. Cantor Fitzgerald reissued an “overweight” rating on shares of Verisk Analytics in a report on Wednesday, February 22nd. Susquehanna Bancshares Inc reissued a “neutral” rating on shares of Verisk Analytics in a report on Wednesday, February 15th. Citigroup Inc lowered shares of Verisk Analytics to a “neutral” rating and set a $89.00 price target for the company. in a report on Wednesday, February 15th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Verisk Analytics from a “buy” rating to a “hold” rating in a report on Friday, February 24th. Finally, Royal Bank of Canada set a $86.00 price target on shares of Verisk Analytics and gave the company a “hold” rating in a report on Wednesday, February 22nd. Eight investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $88.00.

In related news, Director Constantine Iordanou sold 7,400 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The shares were sold at an average price of $84.21, for a total value of $623,154.00. Following the transaction, the director now owns 202,503 shares of the company’s stock, valued at $17,052,777.63. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Frank J. Coyne sold 50,053 shares of the firm’s stock in a transaction that occurred on Monday, February 27th. The stock was sold at an average price of $83.57, for a total transaction of $4,182,929.21. Following the completion of the transaction, the director now directly owns 72,115 shares in the company, valued at approximately $6,026,650.55. The disclosure for this sale can be found here. In the last three months, insiders sold 105,145 shares of company stock worth $8,670,059. 3.47% of the stock is currently owned by insiders.

About Verisk Analytics

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

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