Prana Capital Management LP purchased a new stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 194,920 shares of the business services provider’s stock, valued at approximately $18,712,000. Verisk Analytics comprises about 6.4% of Prana Capital Management LP’s holdings, making the stock its 5th biggest position. Prana Capital Management LP owned about 0.12% of Verisk Analytics at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Harding Loevner LP increased its holdings in shares of Verisk Analytics by 95.4% during the third quarter. Harding Loevner LP now owns 5,847,407 shares of the business services provider’s stock valued at $243,146,000 after acquiring an additional 2,855,204 shares in the last quarter. Two Creeks Capital Management LP acquired a new position in shares of Verisk Analytics during the fourth quarter valued at about $68,479,000. Victory Capital Management Inc. increased its holdings in shares of Verisk Analytics by 2,005.0% during the fourth quarter. Victory Capital Management Inc. now owns 635,022 shares of the business services provider’s stock valued at $60,962,000 after acquiring an additional 604,854 shares in the last quarter. Thrivent Financial For Lutherans increased its holdings in shares of Verisk Analytics by 7,626.7% during the fourth quarter. Thrivent Financial For Lutherans now owns 475,191 shares of the business services provider’s stock valued at $45,618,000 after acquiring an additional 469,041 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC acquired a new position in shares of Verisk Analytics during the third quarter valued at about $22,729,000. 92.46% of the stock is owned by institutional investors and hedge funds.
VRSK has been the topic of several recent analyst reports. Cantor Fitzgerald restated a “buy” rating and set a $108.00 price objective on shares of Verisk Analytics in a report on Friday, December 8th. Zacks Investment Research upgraded shares of Verisk Analytics from a “hold” rating to a “buy” rating and set a $107.00 price target on the stock in a report on Saturday, January 6th. BidaskClub downgraded shares of Verisk Analytics from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 4th. Morgan Stanley set a $107.00 price target on shares of Verisk Analytics and gave the stock a “hold” rating in a report on Thursday, February 22nd. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $90.00 price target on shares of Verisk Analytics in a report on Sunday, December 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. Verisk Analytics has a consensus rating of “Buy” and an average target price of $103.07.
Verisk Analytics, Inc. (NASDAQ:VRSK) opened at $105.84 on Monday. Verisk Analytics, Inc. has a fifty-two week low of $75.60 and a fifty-two week high of $106.01. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.45 and a quick ratio of 0.45. The firm has a market cap of $17,465.78, a P/E ratio of 32.97, a P/E/G ratio of 2.43 and a beta of 0.71.
Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, February 20th. The business services provider reported $1.34 EPS for the quarter, topping analysts’ consensus estimates of $0.78 by $0.56. The business had revenue of $570.30 million for the quarter, compared to analysts’ expectations of $557.09 million. Verisk Analytics had a net margin of 25.88% and a return on equity of 33.58%. The business’s revenue was up 12.7% on a year-over-year basis. During the same quarter last year, the company earned $0.80 EPS. analysts expect that Verisk Analytics, Inc. will post 3.97 earnings per share for the current year.
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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.
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