Verisk Analytics, Inc. (NASDAQ:VRSK) had its price target increased by investment analysts at Barclays PLC from $86.00 to $105.00 in a research note issued to investors on Thursday. The firm presently has an “overweight” rating on the business services provider’s stock. Barclays PLC’s price objective would indicate a potential upside of 23.46% from the stock’s current price.

A number of other analysts have also recently commented on VRSK. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. UBS AG restated a “sell” rating and issued a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. BMO Capital Markets upped their price objective on shares of Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research report on Friday, July 14th. Morgan Stanley restated an “equal weight” rating and issued a $82.00 price objective (down previously from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. Finally, SunTrust Banks, Inc. cut shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective for the company. in a research report on Thursday, August 3rd. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. Verisk Analytics has an average rating of “Hold” and a consensus target price of $88.23.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings data on Tuesday, October 31st. The business services provider reported $0.84 EPS for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.06. Verisk Analytics had a net margin of 22.09% and a return on equity of 38.75%. The business had revenue of $549.10 million during the quarter, compared to analysts’ expectations of $527.97 million. During the same quarter in the prior year, the company earned $0.84 EPS. The firm’s quarterly revenue was up 10.2% on a year-over-year basis.

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In related news, EVP Kenneth E. Thompson sold 80,207 shares of the company’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $85.13, for a total value of $6,828,021.91. Following the completion of the transaction, the executive vice president now directly owns 107,264 shares of the company’s stock, valued at approximately $9,131,384.32. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David B. Wright sold 10,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the transaction, the director now directly owns 13,951 shares of the company’s stock, valued at $1,127,519.82. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 229,530 shares of company stock valued at $19,475,282. Company insiders own 3.41% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Prudential Financial Inc. boosted its stake in Verisk Analytics by 0.4% in the 3rd quarter. Prudential Financial Inc. now owns 215,086 shares of the business services provider’s stock worth $17,893,000 after purchasing an additional 930 shares during the period. Trillium Asset Management LLC boosted its stake in Verisk Analytics by 2.7% in the 3rd quarter. Trillium Asset Management LLC now owns 59,328 shares of the business services provider’s stock worth $4,935,000 after purchasing an additional 1,577 shares during the period. Riverbridge Partners LLC boosted its stake in Verisk Analytics by 1.1% in the 3rd quarter. Riverbridge Partners LLC now owns 966,938 shares of the business services provider’s stock worth $80,440,000 after purchasing an additional 10,785 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Verisk Analytics by 3.4% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 29,921 shares of the business services provider’s stock worth $2,489,000 after purchasing an additional 973 shares during the period. Finally, State Board of Administration of Florida Retirement System boosted its stake in Verisk Analytics by 0.9% in the 3rd quarter. State Board of Administration of Florida Retirement System now owns 239,009 shares of the business services provider’s stock worth $19,883,000 after purchasing an additional 2,030 shares during the period. 93.68% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Company Profile

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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