MetLife Investment Advisors LLC bought a new stake in Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, HoldingsChannel.com reports. The fund bought 48,088 shares of the business services provider’s stock, valued at approximately $4,616,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. Harding Loevner LP grew its stake in shares of Verisk Analytics by 95.4% during the third quarter. Harding Loevner LP now owns 5,847,407 shares of the business services provider’s stock worth $243,146,000 after purchasing an additional 2,855,204 shares during the period. Two Creeks Capital Management LP acquired a new stake in shares of Verisk Analytics during the fourth quarter worth $68,479,000. Victory Capital Management Inc. grew its stake in shares of Verisk Analytics by 2,005.0% during the fourth quarter. Victory Capital Management Inc. now owns 635,022 shares of the business services provider’s stock worth $60,962,000 after purchasing an additional 604,854 shares during the period. Thrivent Financial For Lutherans grew its stake in shares of Verisk Analytics by 7,626.7% during the fourth quarter. Thrivent Financial For Lutherans now owns 475,191 shares of the business services provider’s stock worth $45,618,000 after purchasing an additional 469,041 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC acquired a new stake in shares of Verisk Analytics during the third quarter worth $22,729,000. 92.44% of the stock is owned by institutional investors.
VRSK has been the subject of a number of analyst reports. Cantor Fitzgerald reaffirmed a “buy” rating and set a $108.00 price objective on shares of Verisk Analytics in a research note on Friday, December 8th. Zacks Investment Research cut Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Saturday, January 13th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $106.00 price objective on shares of Verisk Analytics in a research note on Friday, December 22nd. Royal Bank of Canada reaffirmed a “hold” rating and set a $90.00 price objective on shares of Verisk Analytics in a research note on Sunday, December 10th. Finally, Morgan Stanley set a $107.00 price objective on Verisk Analytics and gave the stock a “hold” rating in a research note on Thursday, February 22nd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $103.07.
Verisk Analytics, Inc. (NASDAQ VRSK) opened at $102.11 on Monday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market capitalization of $16,850.29, a PE ratio of 30.94, a price-to-earnings-growth ratio of 2.34 and a beta of 0.71. Verisk Analytics, Inc. has a twelve month low of $75.60 and a twelve month high of $106.07.
Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, February 20th. The business services provider reported $1.34 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.78 by $0.56. The firm had revenue of $570.30 million for the quarter, compared to analyst estimates of $557.09 million. Verisk Analytics had a return on equity of 33.58% and a net margin of 25.88%. The company’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.80 earnings per share. equities analysts predict that Verisk Analytics, Inc. will post 3.97 EPS for the current year.
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Verisk Analytics Profile
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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