Signaturefd LLC Increases Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Signaturefd LLC lifted its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 2,586 shares of the business services provider’s stock after acquiring an additional 38 shares during the period. Signaturefd LLC’s holdings in Verisk Analytics were worth $693,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC bought a new position in Verisk Analytics in the 2nd quarter worth $34,000. Rothschild Investment LLC purchased a new stake in Verisk Analytics in the 2nd quarter worth $41,000. Kings Path Partners LLC bought a new stake in Verisk Analytics during the second quarter valued at about $46,000. Finally, Webster Bank N. A. lifted its holdings in Verisk Analytics by 28.4% in the 1st quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock worth $49,000 after purchasing an additional 46 shares in the last quarter. 90.00% of the stock is owned by institutional investors.

Verisk Analytics Trading Down 0.6 %

Shares of VRSK stock opened at $264.97 on Friday. Verisk Analytics, Inc. has a twelve month low of $215.32 and a twelve month high of $287.13. The company has a market capitalization of $37.74 billion, a price-to-earnings ratio of 43.01, a PEG ratio of 3.40 and a beta of 0.86. The firm has a 50-day moving average price of $268.99 and a 200 day moving average price of $260.35. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company had revenue of $716.80 million for the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter in the previous year, the firm posted $1.51 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. Research analysts forecast that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on VRSK shares. Royal Bank of Canada boosted their target price on Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research report on Tuesday, August 13th. Morgan Stanley upped their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. UBS Group raised their price objective on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Finally, Barclays boosted their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a report on Friday, September 13th. Six analysts have rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Verisk Analytics currently has a consensus rating of “Moderate Buy” and a consensus target price of $278.67.

Insider Activity

In other news, CFO Elizabeth Mann sold 200 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.40% of the company’s stock.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.