Grandfield & Dodd LLC lowered its stake in Verisk Analytics Inc. (NASDAQ:VRSK) by 0.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 165,601 shares of the company’s stock after selling 187 shares during the period. Verisk Analytics comprises about 1.9% of Grandfield & Dodd LLC’s portfolio, making the stock its 19th largest position. Grandfield & Dodd LLC’s holdings in Verisk Analytics were worth $13,427,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of VRSK. Junto Capital Management LP acquired a new stake in Verisk Analytics during the first quarter valued at approximately $27,233,000. AXA increased its stake in shares of Verisk Analytics by 185.9% in the first quarter. AXA now owns 301,300 shares of the company’s stock worth $24,080,000 after buying an additional 195,900 shares during the last quarter. Douglass Winthrop Advisors LLC increased its stake in shares of Verisk Analytics by 4,342.6% in the second quarter. Douglass Winthrop Advisors LLC now owns 189,609 shares of the company’s stock worth $14,014,000 after buying an additional 185,341 shares during the last quarter. Bank of Montreal Can purchased a new stake in shares of Verisk Analytics during the second quarter worth about $14,238,000. Finally, Euclid Advisors LLC purchased a new stake in shares of Verisk Analytics during the first quarter worth about $7,019,000. 90.79% of the stock is owned by institutional investors.
Shares of Verisk Analytics Inc. (NASDAQ:VRSK) traded up 0.06% during mid-day trading on Monday, hitting $81.33. 399,882 shares of the company were exchanged. Verisk Analytics Inc. has a 52 week low of $64.79 and a 52 week high of $86.00. The company has a market capitalization of $13.74 billion, a P/E ratio of 23.33 and a beta of 0.54. The company has a 50 day moving average of $82.02 and a 200 day moving average of $80.36.
Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, August 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by $0.03. The firm earned $498.30 million during the quarter, compared to analysts’ expectations of $504.44 million. Verisk Analytics had a return on equity of 39.49% and a net margin of 28.54%. The firm’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the firm posted $0.77 earnings per share. Equities analysts anticipate that Verisk Analytics Inc. will post $3.00 earnings per share for the current year.
A number of brokerages have issued reports on VRSK. Cantor Fitzgerald set a $87.00 price objective on shares of Verisk Analytics and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Saturday, August 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of Verisk Analytics in a research report on Wednesday, June 29th. Finally, Macquarie began coverage on shares of Verisk Analytics in a research report on Thursday, August 25th. They issued a “neutral” rating and a $88.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $84.80.
In other Verisk Analytics news, COO Mark V. Anquillare sold 20,000 shares of Verisk Analytics stock in a transaction dated Wednesday, July 13th. The shares were sold at an average price of $84.60, for a total value of $1,692,000.00. Following the completion of the transaction, the chief operating officer now directly owns 74,090 shares of the company’s stock, valued at $6,268,014. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Vincent De P. Mccarthy sold 2,400 shares of Verisk Analytics stock in a transaction dated Tuesday, July 5th. The stock was sold at an average price of $80.64, for a total transaction of $193,536.00. Following the completion of the transaction, the senior vice president now directly owns 34,349 shares of the company’s stock, valued at $2,769,903.36. The disclosure for this sale can be found here. 3.47% of the stock is currently owned by company insiders.
Verisk Analytics Company Profile
Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources, healthcare, financial services, government and risk management. The Company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, natural resources intelligence and economic forecasting, among others.
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