Verisk Analytics, Inc. (VRSK) Shares Bought by Standard Life Aberdeen plc

Standard Life Aberdeen plc lifted its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.2% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 187,877 shares of the business services provider’s stock after buying an additional 2,229 shares during the period. Standard Life Aberdeen plc’s holdings in Verisk Analytics were worth $22,650,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in VRSK. Asset Dedication LLC raised its holdings in shares of Verisk Analytics by 445.9% in the 2nd quarter. Asset Dedication LLC now owns 5,656 shares of the business services provider’s stock worth $610,000 after purchasing an additional 4,620 shares during the period. Toronto Dominion Bank raised its holdings in shares of Verisk Analytics by 17.7% in the 2nd quarter. Toronto Dominion Bank now owns 111,318 shares of the business services provider’s stock worth $11,980,000 after purchasing an additional 16,757 shares during the period. Strs Ohio raised its holdings in shares of Verisk Analytics by 5.1% in the 2nd quarter. Strs Ohio now owns 211,510 shares of the business services provider’s stock worth $22,766,000 after purchasing an additional 10,174 shares during the period. Swiss National Bank raised its holdings in shares of Verisk Analytics by 2.8% in the 2nd quarter. Swiss National Bank now owns 600,043 shares of the business services provider’s stock worth $64,589,000 after purchasing an additional 16,400 shares during the period. Finally, Nikko Asset Management Americas Inc. raised its holdings in shares of Verisk Analytics by 48.3% in the 3rd quarter. Nikko Asset Management Americas Inc. now owns 392,648 shares of the business services provider’s stock worth $47,569,000 after purchasing an additional 127,813 shares during the period. Hedge funds and other institutional investors own 93.17% of the company’s stock.

Shares of VRSK stock opened at $120.39 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.49 and a debt-to-equity ratio of 0.96. Verisk Analytics, Inc. has a 1 year low of $90.60 and a 1 year high of $125.99. The firm has a market cap of $20.30 billion, a price-to-earnings ratio of 37.50, a price-to-earnings-growth ratio of 2.58 and a beta of 0.62.

Verisk Analytics (NASDAQ:VRSK) last issued its earnings results on Tuesday, October 30th. The business services provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.01. Verisk Analytics had a net margin of 27.94% and a return on equity of 31.53%. The business had revenue of $598.70 million for the quarter, compared to analysts’ expectations of $596.79 million. During the same quarter in the previous year, the firm posted $0.84 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. As a group, sell-side analysts expect that Verisk Analytics, Inc. will post 4.15 EPS for the current fiscal year.

In other Verisk Analytics news, CEO Scott G. Stephenson sold 18,756 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $122.98, for a total transaction of $2,306,612.88. Following the sale, the chief executive officer now owns 847,652 shares of the company’s stock, valued at approximately $104,244,242.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David B. Wright sold 4,200 shares of the business’s stock in a transaction on Monday, September 10th. The shares were sold at an average price of $121.03, for a total transaction of $508,326.00. Following the sale, the director now directly owns 27,941 shares in the company, valued at approximately $3,381,699.23. The disclosure for this sale can be found here. In the last three months, insiders have acquired 936 shares of company stock worth $112,080 and have sold 303,674 shares worth $36,360,561. Insiders own 3.19% of the company’s stock.

A number of research firms recently commented on VRSK. Zacks Investment Research cut shares of Verisk Analytics from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Robert W. Baird lifted their price target on shares of Verisk Analytics from $125.00 to $133.00 and gave the stock an “outperform” rating in a report on Thursday, November 1st. BidaskClub cut shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Wednesday, August 22nd. SunTrust Banks lifted their price target on shares of Verisk Analytics to $120.00 in a report on Thursday, November 1st. Finally, Morgan Stanley reaffirmed a “hold” rating and issued a $119.00 price target (up previously from $113.00) on shares of Verisk Analytics in a report on Thursday, September 13th. Eight investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $112.17.

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Verisk Analytics Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

Read More: Average Daily Trade Volume – What You Need to Know

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

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