HPM Partners LLC Has $294,000 Holdings in Verisk Analytics, Inc. (VRSK)

HPM Partners LLC lessened its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,488 shares of the business services provider’s stock after selling 27 shares during the quarter. HPM Partners LLC’s holdings in Verisk Analytics were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VRSK. Integrated Investment Consultants LLC increased its holdings in Verisk Analytics by 45.8% in the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock valued at $112,000 after buying an additional 418 shares during the period. Parkside Financial Bank & Trust increased its holdings in Verisk Analytics by 40.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after buying an additional 380 shares during the period. Huntington National Bank increased its holdings in Verisk Analytics by 29.6% in the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after buying an additional 354 shares during the period. Paradigm Asset Management Co. LLC increased its holdings in Verisk Analytics by 5.4% in the 2nd quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock valued at $165,000 after buying an additional 100 shares during the period. Finally, Ledyard National Bank increased its holdings in Verisk Analytics by 12.9% in the 2nd quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock valued at $199,000 after buying an additional 270 shares during the period. 93.33% of the stock is currently owned by hedge funds and other institutional investors.

VRSK has been the topic of several analyst reports. Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a report on Friday, August 4th. Credit Suisse Group reissued a “neutral” rating and issued a $85.00 price target (up previously from $80.00) on shares of Verisk Analytics in a report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $90.00 price target on shares of Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. BMO Capital Markets boosted their price target on shares of Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a report on Friday, July 14th. Finally, Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $85.38.

In related news, Director David B. Wright sold 10,000 shares of Verisk Analytics stock in a transaction that occurred on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total value of $808,200.00. Following the transaction, the director now directly owns 13,951 shares of the company’s stock, valued at $1,127,519.82. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher M. Foskett sold 1,304 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $82.46, for a total value of $107,527.84. Following the completion of the transaction, the director now directly owns 9,989 shares in the company, valued at $823,692.94. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 17,304 shares of company stock worth $1,413,638. Company insiders own 3.41% of the company’s stock.

Shares of Verisk Analytics, Inc. (NASDAQ VRSK) opened at 82.03 on Tuesday. The company has a market cap of $13.50 billion, a price-to-earnings ratio of 29.82 and a beta of 0.68. The stock has a 50 day moving average of $82.46 and a 200 day moving average of $81.77. Verisk Analytics, Inc. has a 12-month low of $75.60 and a 12-month high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm had revenue of $523.20 million for the quarter, compared to analysts’ expectations of $519.67 million. During the same quarter in the previous year, the business posted $0.73 earnings per share. The business’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, equities analysts expect that Verisk Analytics, Inc. will post $3.14 earnings per share for the current fiscal year.

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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.

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

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