Fundsmith LLP Takes Position in Verisk Analytics, Inc. (VRSK)

Fundsmith LLP acquired a new position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 450,436 shares of the business services provider’s stock, valued at approximately $49,116,000. Verisk Analytics makes up about 0.3% of Fundsmith LLP’s holdings, making the stock its 21st largest position. Fundsmith LLP owned about 0.27% of Verisk Analytics as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Achmea Investment Management B.V. boosted its holdings in Verisk Analytics by 299.5% during the fourth quarter. Achmea Investment Management B.V. now owns 18,371 shares of the business services provider’s stock worth $2,003,000 after buying an additional 13,772 shares in the last quarter. LMR Partners LLP purchased a new stake in shares of Verisk Analytics in the fourth quarter valued at about $765,000. American International Group Inc. lifted its holdings in shares of Verisk Analytics by 0.8% in the fourth quarter. American International Group Inc. now owns 75,637 shares of the business services provider’s stock valued at $8,247,000 after purchasing an additional 589 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Verisk Analytics by 8.0% in the fourth quarter. Geode Capital Management LLC now owns 2,283,215 shares of the business services provider’s stock valued at $248,557,000 after purchasing an additional 168,185 shares in the last quarter. Finally, Captrust Financial Advisors lifted its holdings in shares of Verisk Analytics by 16.5% in the fourth quarter. Captrust Financial Advisors now owns 895 shares of the business services provider’s stock valued at $98,000 after purchasing an additional 127 shares in the last quarter. 91.44% of the stock is currently owned by hedge funds and other institutional investors.

In related news, CEO Scott G. Stephenson sold 19,023 shares of the company’s stock in a transaction that occurred on Monday, December 17th. The shares were sold at an average price of $112.62, for a total transaction of $2,142,370.26. Following the transaction, the chief executive officer now owns 860,927 shares of the company’s stock, valued at $96,957,598.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 19th. The shares were sold at an average price of $110.97, for a total transaction of $332,910.00. Following the transaction, the director now directly owns 69,605 shares in the company, valued at approximately $7,724,066.85. The disclosure for this sale can be found here. Insiders have sold 54,161 shares of company stock worth $6,427,138 in the last three months. Insiders own 3.19% of the company’s stock.

Shares of VRSK traded down $0.05 on Thursday, hitting $128.71. 54,722 shares of the stock traded hands, compared to its average volume of 677,257. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.49 and a current ratio of 0.49. The company has a market capitalization of $20.97 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 2.81 and a beta of 0.78. Verisk Analytics, Inc. has a 1 year low of $95.21 and a 1 year high of $129.30.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, February 19th. The business services provider reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.07 by ($0.03). The firm had revenue of $613.90 million for the quarter, compared to analysts’ expectations of $613.07 million. Verisk Analytics had a net margin of 25.00% and a return on equity of 32.77%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 EPS. Equities analysts expect that Verisk Analytics, Inc. will post 4.46 EPS for the current fiscal year.

The company also recently disclosed a special dividend, which will be paid on Friday, March 29th. Investors of record on Friday, March 15th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, March 14th.

Several brokerages have issued reports on VRSK. UBS Group upped their price target on shares of Verisk Analytics from $100.00 to $106.00 and gave the company a “sell” rating in a report on Tuesday. Robert W. Baird set a $137.00 price target on shares of Verisk Analytics and gave the company an “outperform” rating in a report on Wednesday, February 20th. Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a report on Friday, February 22nd. Morgan Stanley set a $119.00 price target on shares of Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, January 8th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $125.00 price target on shares of Verisk Analytics in a report on Friday, December 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Verisk Analytics has an average rating of “Hold” and an average target price of $118.70.

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Verisk Analytics Company 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.

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

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