Mediolanum International Funds Ltd Sells 1,071 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Mediolanum International Funds Ltd decreased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,066 shares of the business services provider’s stock after selling 1,071 shares during the period. Mediolanum International Funds Ltd’s holdings in Verisk Analytics were worth $10,306,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Values First Advisors Inc. bought a new position in Verisk Analytics during the third quarter worth about $136,000. International Assets Investment Management LLC grew its holdings in Verisk Analytics by 26,695.7% during the third quarter. International Assets Investment Management LLC now owns 31,083 shares of the business services provider’s stock worth $8,329,000 after purchasing an additional 30,967 shares during the period. Commerzbank Aktiengesellschaft FI grew its holdings in Verisk Analytics by 22.3% during the third quarter. Commerzbank Aktiengesellschaft FI now owns 1,261 shares of the business services provider’s stock worth $338,000 after purchasing an additional 230 shares during the period. Lecap Asset Management Ltd. bought a new position in Verisk Analytics during the third quarter worth about $4,540,000. Finally, GAM Holding AG grew its holdings in Verisk Analytics by 4.5% during the third quarter. GAM Holding AG now owns 17,949 shares of the business services provider’s stock worth $4,810,000 after purchasing an additional 777 shares during the period. Institutional investors own 90.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on VRSK shares. Deutsche Bank Aktiengesellschaft lifted their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. UBS Group boosted their price objective on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. BMO Capital Markets reduced their price objective on Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating for the company in a report on Thursday, August 1st. Royal Bank of Canada boosted their price objective on Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Finally, Evercore ISI restated an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $278.67.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the sale, the chief financial officer now owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.40% of the company’s stock.

Verisk Analytics Stock Down 0.1 %

Shares of VRSK opened at $264.65 on Friday. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13. The company has a market cap of $37.76 billion, a P/E ratio of 49.38, a P/E/G ratio of 3.40 and a beta of 0.86. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a 50 day simple moving average of $268.97 and a two-hundred day simple moving average of $260.39.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 EPS for the quarter, beating the consensus estimate of $1.64 by $0.10. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The business had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. During the same period in the previous year, the business earned $1.51 earnings per share. The company’s revenue was up 6.2% on a year-over-year basis. Research analysts forecast that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.