Citigroup Inc. Has $533,000 Position in Verisk Analytics, Inc. (VRSK)

Citigroup Inc. boosted its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 60.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,315 shares of the business services provider’s stock after purchasing an additional 2,370 shares during the period. Citigroup Inc.’s holdings in Verisk Analytics were worth $533,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Parkside Financial Bank & Trust grew its holdings in Verisk Analytics by 40.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 380 shares during the last quarter. Integrated Investment Consultants LLC grew its holdings in Verisk Analytics by 45.8% during the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock valued at $112,000 after purchasing an additional 418 shares during the last quarter. Huntington National Bank grew its holdings in Verisk Analytics by 29.6% during the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 354 shares during the last quarter. Paradigm Asset Management Co. LLC grew its holdings in Verisk Analytics by 5.4% during 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 purchasing an additional 100 shares during the last quarter. Finally, Ledyard National Bank grew its holdings in Verisk Analytics by 12.9% during the 2nd quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock valued at $199,000 after purchasing an additional 270 shares during the last quarter. Institutional investors own 93.28% of the company’s stock.

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 shares were sold at an average price of $80.82, for a total value of $808,200.00. Following the completion of the transaction, the director now owns 13,951 shares in the company, valued at $1,127,519.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andrew G. Mills sold 3,000 shares of Verisk Analytics stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $82.50, for a total transaction of $247,500.00. Following the completion of the transaction, the director now owns 105,525 shares of the company’s stock, valued at approximately $8,705,812.50. The disclosure for this sale can be found here. Insiders sold 17,304 shares of company stock valued at $1,410,728 in the last 90 days. Company insiders own 3.41% of the company’s stock.

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Shares of Verisk Analytics, Inc. (VRSK) opened at 83.82 on Friday. The stock has a market cap of $13.79 billion, a PE ratio of 30.47 and a beta of 0.70. Verisk Analytics, Inc. has a 12 month low of $75.60 and a 12 month high of $88.17. The stock has a 50 day moving average of $81.98 and a 200 day moving average of $81.96.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The firm had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.73 earnings per share. On average, equities analysts anticipate that Verisk Analytics, Inc. will post $3.13 earnings per share for the current fiscal year.

Several equities analysts recently commented on the stock. UBS AG reiterated a “sell” rating and set a $75.00 price target (up from $71.00) on shares of Verisk Analytics in a report on Friday, July 14th. BidaskClub upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Thursday, June 15th. SunTrust Banks, Inc. downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 target price on the stock. in a research note on Thursday, August 3rd. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research note on Monday. Finally, Morgan Stanley restated an “equal weight” rating and issued a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Verisk Analytics presently has a consensus rating of “Hold” and an average target price of $84.83.

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

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