Verisk Analytics, Inc. (NASDAQ:VRSK)‘s stock had its “hold” rating restated by equities researchers at SunTrust Banks, Inc. in a research report issued to clients and investors on Wednesday. They presently have a $85.00 price objective on the business services provider’s stock. SunTrust Banks, Inc.’s price target indicates a potential downside of 0.06% from the company’s previous close.

A number of other equities analysts have also commented on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. BMO Capital Markets reissued a “hold” rating and set a $83.00 target price on shares of Verisk Analytics in a research report on Friday, September 15th. Zacks Investment Research downgraded Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $85.00 target price (up from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company’s stock. Verisk Analytics presently has an average rating of “Hold” and a consensus price target of $84.58.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.06. The business had revenue of $549.10 million for the quarter, compared to analyst estimates of $527.97 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.84 earnings per share.

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In other Verisk Analytics news, EVP Kenneth E. Thompson sold 80,207 shares of Verisk Analytics stock in a transaction that occurred on Tuesday, October 24th. The stock was sold at an average price of $85.13, for a total transaction of $6,828,021.91. Following the sale, the executive vice president now directly owns 107,264 shares of the company’s stock, valued at $9,131,384.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenneth E. Thompson sold 62,226 shares of Verisk Analytics stock in a transaction that occurred on Friday, October 20th. The shares were sold at an average price of $85.15, for a total value of $5,298,543.90. Following the sale, the executive vice president now directly owns 107,264 shares in the company, valued at $9,133,529.60. The disclosure for this sale can be found here. Insiders have sold 229,530 shares of company stock worth $19,475,282 over the last ninety days. Company insiders own 3.41% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC boosted its holdings in Verisk Analytics by 2.7% during the second quarter. HighTower Advisors LLC now owns 3,914 shares of the business services provider’s stock valued at $326,000 after purchasing an additional 104 shares in the last quarter. Dock Street Asset Management Inc. boosted its holdings in Verisk Analytics by 40.1% during the second quarter. Dock Street Asset Management Inc. now owns 81,080 shares of the business services provider’s stock valued at $6,841,000 after purchasing an additional 23,192 shares in the last quarter. Mountain Pacific Investment Advisers Inc. ID boosted its holdings in Verisk Analytics by 63.4% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 198,962 shares of the business services provider’s stock valued at $16,552,000 after purchasing an additional 77,185 shares in the last quarter. Rockefeller Financial Services Inc. boosted its holdings in Verisk Analytics by 25.5% during the second quarter. Rockefeller Financial Services Inc. now owns 3,794 shares of the business services provider’s stock valued at $320,000 after purchasing an additional 772 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its holdings in Verisk Analytics by 161.7% during the third quarter. Assenagon Asset Management S.A. now owns 9,257 shares of the business services provider’s stock valued at $770,000 after purchasing an additional 5,720 shares in the last quarter. 93.68% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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