Checchi Capital Advisers LLC acquired a new stake in Verisk Analytics, Inc. (NASDAQ: VRSK) in the third quarter, according to the latest information made with the SEC. The Fund acquired 1,938 shares in the stock of the business service provider, estimated at about $ 234,000.
A number of other institutional investors have recently bought and sold shares of VRSK. Waddell & Reed Financial Inc. increased its position in Verisk Analytics with 729.7% in the second quarter. Waddell & Reed Financial Inc. now holds 1,836,705 shares in the $ 197,703,000 business services provider stock after having bought another 1,615,337 shares in the last quarter. Massachusetts Financial Services Co. increased its stake in Verisk Analytics by 17.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 6,747,411 shares of the $ 726,290,000 worth of business services provider after buying 987,698 shares in the last quarter. Unigestion Holding SA gained a new position in Verisk Analytics during Quarter 2, worth $ 41,819,000. Triple Frond Partners LLC gained a new position in Verisk Analytics in the second quarter, worth $ 41,724,000. Finally, BlackRock Inc. increased its stake in Verisk Analytics by 3.6% in the second quarter. BlackRock Inc. now holds 10,487,625 shares in the stock of the business service provider, valued at $ 1,128,890,000, after the purchase of another 361,670 shares in the last quarter. 94.09% of shares are held by hedge funds and other institutional investors.
NASDAQ: VRSK opened Thursday at $ 120.14. Verisk Analytics, Inc. has a minimum of 12 months of $ 90.60 and a maximum of 12 months of $ 124.50. The Company has a debt-equity ratio of 0.96, a fast 0.49 ratio and a current ratio of 0.49. The action has a market cap of $ 20.17 billion, a price-earnings ratio of 37.43, a P / E / G ratio of 2.53 and a beta of 0.58.
Verisk Analytics (NASDAQ: VRSK) last reported quarterly earnings data Tuesday, October 30th. The business services provider reported $ 1.08 for the fourth quarter, reaching an analyst consensus estimate of $ 1.07 with $ 0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The company earned $ 598.70 million for the quarter, compared with the analyst's estimates of $ 596.79 million. In the same quarter of the previous year, the company earned $ 0.84 EPS. Company revenue increased 9.0% on a yearly basis. Analysts expect Verisk Analytics, Inc. to record 4.15 earnings per share for the current fiscal year.
In other news from Verisk Analytics, Vincent de P. McCarthy sold 3,090 shares of the company's shares in a deal dated November 19. The shares were sold at an average price of $ 123.48 for a total transaction of $ 381,553.20. The transaction was disclosed in a SEC deposit, which is available through this hyperlink. CFO Lee Shavel also bought 312 shares of the company's shares in a deal on Wednesday, September 19th. The shares were purchased at an average price of $ 119.82 per share for a total transaction of US $ 37,383.84. After completing the transaction, the financial director now owns 29,110 shares in the company, amounting to about 3,487,960.20 USD. The presentation of this purchase can be found here. In the last three months, insiders sold 302,981 shares of the company's stock in the amount of $ 36,208,141. Insiders hold 3.19% of the company's shares.
VRSK has been the subject of several recent research reports. Zacks Investment Research has reduced Verisk Analytics shares from a "owned" rating to a "sell" rating in a research note Tuesday, October 16th. Robert W. Baird raised its price target on Verisk Analytics from $ 125.00 to $ 133.00 and gave the company a "performance" score in a research note Thursday, November 1. SunTrust Banks reaffirmed its hold rating and issued $ 109.00 for Verisk Analytics shares in a research note on Wednesday August 1. BidaskClub has lowered Verisk Analytics shares from a "strong buy" rating to a "buy" rating in a report on Wednesday August 22nd. Finally, Morgan Stanley reaffirmed a "detained" rating and issued a target price of $ 119 USD (so far from $ 113.00) of Verisk Analytics shares in a report published Thursday, September 13th. Eight research analysts rated the stock with a stand-by rating, five gave a buy-in rating and one attributed a strong share buy-in. Verisk Analytics has a Buy Consensus Consensus and a Price Consensus of $ 112.17.
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Verisk Analytics Profile
Verisk Analytics, Inc. offers customer data analysis solutions to the United States and international insurance, energy and financial markets. Its decision analysis segment develops predictive models for predicted scenarios and produces standard and personalized analyzes to estimate the risk of loss, selection and pricing, fraud detection before and after a loss event, and quantification of losses.
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