BancorpSouth Bank purchased a new position in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 4th quarter, Holdings Channel reports. The firm purchased 5,674 shares of the business services provider’s stock, valued at approximately $545,000.
Other institutional investors have also bought and sold shares of the company. Dupont Capital Management Corp acquired a new position in Verisk Analytics in the fourth quarter worth approximately $112,000. Fusion Family Wealth LLC acquired a new position in Verisk Analytics in the fourth quarter worth approximately $116,000. Bank of Nova Scotia Trust Co. acquired a new position in Verisk Analytics in the third quarter worth approximately $164,000. Calton & Associates Inc. acquired a new position in Verisk Analytics in the fourth quarter worth approximately $183,000. Finally, IBM Retirement Fund acquired a new position in Verisk Analytics in the fourth quarter worth approximately $219,000. Hedge funds and other institutional investors own 92.89% of the company’s stock.
VRSK has been the topic of several recent research reports. Keefe, Bruyette & Woods restated a “buy” rating and issued a $106.00 price target on shares of Verisk Analytics in a research report on Friday, December 22nd. Cantor Fitzgerald restated a “buy” rating and issued a $108.00 price target on shares of Verisk Analytics in a research report on Friday, December 8th. Robert W. Baird restated a “buy” rating on shares of Verisk Analytics in a research report on Wednesday, November 1st. BidaskClub lowered shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research report on Thursday, January 4th. Finally, Zacks Investment Research upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a research report on Saturday, January 6th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company’s stock. Verisk Analytics currently has an average rating of “Buy” and an average target price of $103.07.
Verisk Analytics, Inc. (NASDAQ VRSK) opened at $103.59 on Tuesday. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $103.62. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45. The company has a market cap of $17,060.00, a P/E ratio of 37.53, a P/E/G ratio of 2.38 and a beta of 0.76.
Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.56. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The firm had revenue of $570.30 million during the quarter, compared to analyst estimates of $557.09 million. During the same quarter last year, the business posted $0.80 EPS. The company’s revenue was up 12.7% on a year-over-year basis. analysts forecast that Verisk Analytics, Inc. will post 3.9 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.
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