Shelter Ins Retirement Plan continued to hold its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,400 shares of the business services provider’s stock at the end of the second quarter. Verisk Analytics makes up approximately 1.7% of Shelter Ins Retirement Plan’s investment portfolio, making the stock its 29th largest position. Shelter Ins Retirement Plan’s holdings in Verisk Analytics were worth $3,662,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Commerzbank Aktiengesellschaft FI raised its stake in shares of Verisk Analytics by 51.9% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 9,967 shares of the business services provider’s stock valued at $809,000 after buying an additional 3,404 shares during the period. Kornitzer Capital Management Inc. KS raised its stake in shares of Verisk Analytics by 9.3% in the first quarter. Kornitzer Capital Management Inc. KS now owns 416,836 shares of the business services provider’s stock valued at $33,822,000 after buying an additional 35,561 shares during the period. Markel Corp raised its stake in shares of Verisk Analytics by 9.8% in the first quarter. Markel Corp now owns 73,000 shares of the business services provider’s stock valued at $5,923,000 after buying an additional 6,500 shares during the period. BB&T Corp raised its stake in shares of Verisk Analytics by 0.8% in the first quarter. BB&T Corp now owns 108,172 shares of the business services provider’s stock valued at $8,777,000 after buying an additional 826 shares during the period. Finally, Conning Inc. raised its stake in shares of Verisk Analytics by 3.1% in the first quarter. Conning Inc. now owns 2,990 shares of the business services provider’s stock valued at $243,000 after buying an additional 90 shares during the period. 93.33% of the stock is currently owned by institutional investors.

Verisk Analytics, Inc. (NASDAQ VRSK) opened at 79.23 on Tuesday. The stock has a 50 day moving average of $83.65 and a 200-day moving average of $82.02. Verisk Analytics, Inc. has a 12 month low of $75.60 and a 12 month high of $88.17. The firm has a market cap of $13.04 billion, a P/E ratio of 28.80 and a beta of 0.66.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The company had revenue of $523.20 million for the quarter, compared to the consensus estimate of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. Verisk Analytics’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS. Equities research analysts predict that Verisk Analytics, Inc. will post $3.14 earnings per share for the current fiscal year.

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Several research firms recently commented on VRSK. Morgan Stanley reiterated an “equal weight” rating and set a $82.00 target price (down from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. Zacks Investment Research upgraded shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. BMO Capital Markets lifted their target price on shares of Verisk Analytics from $81.00 to $83.00 and gave the stock a “market perform” rating in a research report on Friday, July 14th. UBS AG reiterated a “sell” rating and set a $75.00 target price (up from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. Finally, Credit Suisse Group reiterated 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 research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $85.38.

In other Verisk Analytics news, Director David B. Wright sold 15,000 shares of the company’s stock in a transaction on Thursday, June 8th. The stock was sold at an average price of $80.32, for a total value of $1,204,800.00. Following the completion of the sale, the director now directly owns 22,025 shares in the company, valued at approximately $1,769,048. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Andrew G. Mills sold 3,000 shares of the company’s stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $83.47, for a total value of $250,410.00. Following the completion of the sale, the director now owns 107,666 shares of the company’s stock, valued at $8,986,881.02. The disclosure for this sale can be found here. Insiders sold a total of 19,304 shares of company stock worth $1,562,738 in the last ninety days. 3.41% of the stock is currently owned by corporate insiders.

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.

Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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