Great Lakes Advisors LLC cut its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 0.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,532 shares of the business services provider’s stock after selling 81 shares during the period. Great Lakes Advisors LLC’s holdings in Verisk Analytics were worth $973,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Integrated Investment Consultants LLC increased its stake in Verisk Analytics by 45.8% in the second quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock valued at $112,000 after buying an additional 418 shares during the period. Parkside Financial Bank & Trust increased its stake in Verisk Analytics by 40.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock valued at $112,000 after buying an additional 380 shares during the period. Huntington National Bank increased its stake in Verisk Analytics by 29.6% in the second quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after buying an additional 354 shares during the period. Paradigm Asset Management Co. LLC increased its stake in Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock valued at $165,000 after buying an additional 100 shares during the period. Finally, Ledyard National Bank increased its stake in Verisk Analytics by 12.9% in the second quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock valued at $199,000 after buying an additional 270 shares during the period. 93.33% of the stock is owned by hedge funds and other institutional investors.

Shares of Verisk Analytics, Inc. (VRSK) opened at 80.16 on Thursday. The company has a market capitalization of $13.19 billion, a P/E ratio of 29.14 and a beta of 0.66. The stock’s 50 day moving average is $83.65 and its 200 day moving average is $82.02. Verisk Analytics, Inc. has a 52-week low of $75.60 and a 52-week high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results 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 business had revenue of $523.20 million during the quarter, compared to analyst estimates of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The company’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. Equities analysts expect that Verisk Analytics, Inc. will post $3.14 EPS for the current year.

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Several equities research analysts have weighed in on VRSK shares. Keefe, Bruyette & Woods set a $90.00 price target on shares of Verisk Analytics and gave the company a “buy” rating in a research note on Monday, August 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $82.00 price target (down from $83.00) on shares of Verisk Analytics in a research note on Tuesday, July 18th. SunTrust Banks, Inc. downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 target price for the company. in a research report on Thursday, August 3rd. Royal Bank Of Canada reissued a “hold” rating on shares of Verisk Analytics in a research report on Friday, August 4th. Finally, Zacks Investment Research raised shares of Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. Verisk Analytics currently has a consensus rating of “Hold” and an average target price of $85.38.

In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the stock in a transaction dated Tuesday, June 20th. The shares were sold at an average price of $83.47, for a total transaction of $250,410.00. Following the completion of the sale, the director now directly owns 107,666 shares of the company’s stock, valued at $8,986,881.02. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David B. Wright sold 15,000 shares of the stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the sale, the director now directly owns 22,025 shares of the company’s stock, valued at $1,769,048. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,304 shares of company stock valued at $1,562,738. Insiders own 3.41% of the company’s stock.

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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