Verisk Analytics, Inc. (VRSK) Shares Bought by Raymond James & Associates

Share on StockTwits

Raymond James & Associates lifted its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,209 shares of the business services provider’s stock after purchasing an additional 5,453 shares during the quarter. Raymond James & Associates’ holdings in Verisk Analytics were worth $10,668,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VRSK. Harvest Group Wealth Management LLC purchased a new stake in Verisk Analytics in the 1st quarter valued at about $26,000. Bollard Group LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at about $33,000. Executive Wealth Management LLC purchased a new stake in Verisk Analytics in the 4th quarter valued at about $33,000. Ropes Wealth Advisors LLC purchased a new stake in Verisk Analytics in the 1st quarter valued at about $39,000. Finally, Oregon Public Employees Retirement Fund increased its stake in Verisk Analytics by 10,289.7% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,530,830 shares of the business services provider’s stock valued at $42,000 after buying an additional 4,487,221 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors.

Several equities research analysts have commented on VRSK shares. BidaskClub lowered shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, April 9th. Barclays reiterated a “buy” rating and issued a $155.00 price objective on shares of Verisk Analytics in a research note on Sunday, May 5th. Morgan Stanley set a $132.00 price objective on shares of Verisk Analytics and gave the company a “hold” rating in a research note on Thursday, May 2nd. SunTrust Banks increased their price objective on shares of Verisk Analytics to $150.00 and gave the company a “hold” rating in a research note on Thursday, May 2nd. They noted that the move was a valuation call. Finally, Deutsche Bank set a $137.00 price objective on shares of Verisk Analytics and gave the company a “hold” rating in a research note on Tuesday, April 23rd. Two analysts have rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Verisk Analytics presently has a consensus rating of “Hold” and a consensus price target of $130.00.

In related news, insider Vincent De P. Mccarthy sold 3,091 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $137.34, for a total value of $424,517.94. Following the completion of the transaction, the insider now directly owns 36,441 shares of the company’s stock, valued at approximately $5,004,806.94. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John F. Lehman sold 3,118 shares of the firm’s stock in a transaction that occurred on Thursday, February 28th. The stock was sold at an average price of $126.57, for a total transaction of $394,645.26. Following the completion of the transaction, the director now directly owns 60,521 shares of the company’s stock, valued at $7,660,142.97. The disclosure for this sale can be found here. Insiders have sold a total of 12,299 shares of company stock valued at $1,601,607 over the last three months. Insiders own 2.71% of the company’s stock.

Verisk Analytics stock opened at $142.21 on Monday. Verisk Analytics, Inc. has a twelve month low of $102.74 and a twelve month high of $144.48. The company has a market cap of $23.27 billion, a PE ratio of 34.60, a P/E/G ratio of 3.18 and a beta of 0.80. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 1.13.

Verisk Analytics (NASDAQ:VRSK) last released its earnings results on Tuesday, April 30th. The business services provider reported $1.03 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $1.03. Verisk Analytics had a net margin of 24.60% and a return on equity of 33.36%. The firm had revenue of $625.00 million during the quarter, compared to the consensus estimate of $618.14 million. During the same period in the prior year, the firm earned $0.94 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. On average, equities analysts expect that Verisk Analytics, Inc. will post 4.42 EPS for the current fiscal year.

The business also recently announced a special dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, June 13th. Verisk Analytics’s dividend payout ratio is currently 6.08%.

ILLEGAL ACTIVITY WARNING: “Verisk Analytics, Inc. (VRSK) Shares Bought by Raymond James & Associates” was first reported by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another site, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The correct version of this article can be viewed at https://www.tickerreport.com/banking-finance/4354055/verisk-analytics-inc-vrsk-shares-bought-by-raymond-james-associates.html.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

See Also: How accurate is the Rule of 72?

Want to see what other hedge funds are holding VRSK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Verisk Analytics, Inc. (NASDAQ:VRSK).

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

Receive News & Ratings for Verisk Analytics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verisk Analytics and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Reviewing Red Violet  and Appian
Reviewing Red Violet and Appian
Head to Head Comparison: Avanos Medical  & Precision Therapeutics
Head to Head Comparison: Avanos Medical & Precision Therapeutics
Comparing The Medicines  and AEterna Zentaris
Comparing The Medicines and AEterna Zentaris
Critical Analysis: Kopin  & Kulicke and Soffa Industries
Critical Analysis: Kopin & Kulicke and Soffa Industries
Financial Survey: MidWestOne Financial Group  vs. Select Bancorp
Financial Survey: MidWestOne Financial Group vs. Select Bancorp
Analyzing Auburn National Bancorporation  and Guaranty Bancorp
Analyzing Auburn National Bancorporation and Guaranty Bancorp


© 2006-2019 Ticker Report