Verisk Analytics, Inc. (NASDAQ:VRSK)‘s stock had its “hold” rating restated by Royal Bank Of Canada in a report released on Thursday. They presently have a $83.00 price objective on the business services provider’s stock. Royal Bank Of Canada’s price target points to a potential downside of 2.41% from the stock’s current price.

VRSK has been the subject of several other research reports. Credit Suisse Group increased their price target on shares of Verisk Analytics from $85.00 to $92.00 and gave the company a “neutral” rating in a research report on Thursday. Barclays PLC raised their target price on shares of Verisk Analytics from $86.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley increased their price target on shares of Verisk Analytics from $83.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Thursday. BMO Capital Markets increased their price target on shares of Verisk Analytics from $83.00 to $91.00 and gave the stock a “market perform” rating in a research note on Thursday. Finally, SunTrust Banks, Inc. reiterated a “hold” rating and issued a $85.00 price target on shares of Verisk Analytics in a research note on Wednesday. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. Verisk Analytics currently has an average rating of “Hold” and an average target price of $88.23.

Verisk Analytics (NASDAQ:VRSK) last posted its earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate 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 net margin of 22.09% and a return on equity of 38.75%. Verisk Analytics’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.84 EPS.

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In other news, EVP Kenneth E. Thompson sold 80,207 shares of the business’s stock in a transaction on Tuesday, October 24th. The shares were sold at an average price of $85.13, for a total transaction of $6,828,021.91. Following the completion of the sale, the executive vice president now directly owns 107,264 shares of the company’s stock, valued at $9,131,384.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kenneth E. Thompson sold 62,226 shares of the business’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $85.15, for a total transaction of $5,298,543.90. Following the sale, the executive vice president now directly owns 107,264 shares of the company’s stock, 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 in the last quarter. Company insiders own 3.41% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Prudential Financial Inc. boosted its stake in shares of Verisk Analytics by 0.4% during the third quarter. Prudential Financial Inc. now owns 215,086 shares of the business services provider’s stock valued at $17,893,000 after purchasing an additional 930 shares during the period. Trillium Asset Management LLC lifted its stake in Verisk Analytics by 2.7% in the third quarter. Trillium Asset Management LLC now owns 59,328 shares of the business services provider’s stock worth $4,935,000 after acquiring an additional 1,577 shares during the period. Riverbridge Partners LLC lifted its stake in Verisk Analytics by 1.1% in the third quarter. Riverbridge Partners LLC now owns 966,938 shares of the business services provider’s stock worth $80,440,000 after acquiring an additional 10,785 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Verisk Analytics by 3.4% in the third 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 acquiring an additional 973 shares during the period. Finally, State Board of Administration of Florida Retirement System lifted its stake in Verisk Analytics by 0.9% in the third 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 acquiring 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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