Stock Yards Bank & Trust Co. decreased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 143,419 shares of the business services provider’s stock after selling 1,506 shares during the period. Verisk Analytics accounts for 1.5% of Stock Yards Bank & Trust Co.’s portfolio, making the stock its 24th largest position. Stock Yards Bank & Trust Co.’s holdings in Verisk Analytics were worth $13,768,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Janus Henderson Group PLC grew its holdings in shares of Verisk Analytics by 1,487.4% during the second quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock valued at $464,275,000 after buying an additional 5,156,187 shares during the last quarter. Harding Loevner LP grew its holdings 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 valued at $243,146,000 after buying an additional 2,855,204 shares during the last quarter. Diamond Hill Capital Management Inc. grew its holdings in shares of Verisk Analytics by 154.4% during the third quarter. Diamond Hill Capital Management Inc. now owns 1,613,738 shares of the business services provider’s stock valued at $134,247,000 after buying an additional 979,475 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Verisk Analytics by 5.0% during the second quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock valued at $1,295,340,000 after buying an additional 734,200 shares during the last quarter. Finally, Farallon Capital Management LLC purchased a new stake in shares of Verisk Analytics during the second quarter valued at approximately $40,736,000. 92.84% of the stock is owned by institutional investors and hedge funds.
Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) traded down $0.39 during mid-day trading on Thursday, reaching $96.34. 437,500 shares of the company traded hands, compared to its average volume of 721,829. Verisk Analytics, Inc. has a 52 week low of $75.60 and a 52 week high of $98.60. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. The stock has a market capitalization of $15,880.00, a PE ratio of 35.55, a P/E/G ratio of 3.16 and a beta of 0.80.
In other Verisk Analytics news, CFO Lee Shavel purchased 388 shares of the firm’s stock in a transaction on Wednesday, January 10th. The shares were acquired at an average cost of $96.61 per share, for a total transaction of $37,484.68. Following the completion of the transaction, the chief financial officer now owns 22,729 shares of the company’s stock, valued at $2,195,848.69. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO David J. Grover sold 7,000 shares of the stock in a transaction that occurred on Tuesday, November 7th. The stock was sold at an average price of $92.45, for a total transaction of $647,150.00. Following the completion of the transaction, the chief accounting officer now owns 13,028 shares in the company, valued at $1,204,438.60. The disclosure for this sale can be found here. Over the last quarter, insiders acquired 22,978 shares of company stock worth $2,098,817 and sold 327,172 shares worth $28,591,387. 3.41% of the stock is currently owned by company insiders.
A number of equities research analysts have recently commented on VRSK shares. Cantor Fitzgerald reiterated a “buy” rating and set a $108.00 price target on shares of Verisk Analytics in a report on Friday, December 8th. Zacks Investment Research upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 target price on the stock in a report on Saturday, January 6th. BidaskClub cut shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 4th. Barclays raised their target price on shares of Verisk Analytics from $86.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, November 2nd. Finally, BMO Capital Markets restated a “hold” rating and issued a $83.00 target price on shares of Verisk Analytics in a report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and seven have issued a buy rating to the stock. Verisk Analytics currently has a consensus rating of “Hold” and an average price target of $92.64.
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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