Aperio Group LLC grew its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 55,502 shares of the business services provider’s stock after acquiring an additional 2,723 shares during the period. Aperio Group LLC’s holdings in Verisk Analytics were worth $6,691,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Fort L.P. bought a new stake in shares of Verisk Analytics during the second quarter worth $121,000. Squar Milner Financial Services LLC acquired a new position in shares of Verisk Analytics during the second quarter worth $146,000. Captrust Financial Advisors lifted its holdings in shares of Verisk Analytics by 94.8% during the second quarter. Captrust Financial Advisors now owns 1,541 shares of the business services provider’s stock worth $166,000 after purchasing an additional 750 shares during the period. Greenleaf Trust lifted its holdings in shares of Verisk Analytics by 169.2% during the second quarter. Greenleaf Trust now owns 1,890 shares of the business services provider’s stock worth $203,000 after purchasing an additional 1,188 shares during the period. Finally, Cornerstone Wealth Management LLC acquired a new position in shares of Verisk Analytics during the second quarter worth $214,000. 94.09% of the stock is currently owned by institutional investors.
VRSK traded down $0.13 during midday trading on Thursday, reaching $120.14. The company had a trading volume of 905,632 shares, compared to its average volume of 1,076,023. The stock has a market cap of $19.80 billion, a price-to-earnings ratio of 37.43, a PEG ratio of 2.49 and a beta of 0.58. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.96. Verisk Analytics, Inc. has a 12-month low of $90.60 and a 12-month high of $124.50.
Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings results on Tuesday, October 30th. The business services provider reported $1.08 EPS for the quarter, beating the Zacks’ consensus estimate of $1.07 by $0.01. The company had revenue of $598.70 million for the quarter, compared to analysts’ expectations of $596.79 million. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. Verisk Analytics’s revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.84 EPS. As a group, sell-side analysts anticipate that Verisk Analytics, Inc. will post 4.15 earnings per share for the current year.
In other news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction on Wednesday, September 19th. The shares were sold at an average price of $121.97, for a total value of $365,910.00. Following the transaction, the director now owns 82,605 shares of the company’s stock, valued at approximately $10,075,331.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Vincent De P. Mccarthy sold 3,090 shares of the 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. Insiders have sold a total of 302,981 shares of company stock worth $36,208,141 over the last 90 days. 3.19% of the stock is currently owned by corporate insiders.
Several research firms recently issued reports on VRSK. BidaskClub lowered shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 22nd. 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 upped their price objective on shares of Verisk Analytics from $108.00 to $113.00 and gave the company a “hold” rating in a report on Thursday, August 2nd. SunTrust Banks reissued a “hold” rating and set a $109.00 target price on shares of Verisk Analytics in a research report on Wednesday, August 1st. Finally, Zacks Investment Research reissued a “hold” rating on shares of Verisk Analytics in a research report on Saturday, November 17th. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Verisk Analytics presently has an average rating of “Buy” and an average price target of $112.17.
ILLEGAL ACTIVITY NOTICE: This story was first reported by Enterprise Leader and is the sole property of of Enterprise Leader. If you are reading this story on another site, it was copied illegally and reposted in violation of United States and international copyright & trademark law. The original version of this story can be viewed at https://theenterpriseleader.com/2018/11/22/verisk-analytics-inc-vrsk-holdings-lifted-by-aperio-group-llc.html.
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.
Featured Article: What is the quiet period?
Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.