Royce & Associates LP continued to hold its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,200 shares of the business services provider’s stock at the end of the 2nd quarter. Royce & Associates LP’s holdings in Verisk Analytics were worth $1,114,000 at the end of the most recent reporting period.

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

Shares of Verisk Analytics, Inc. (NASDAQ:VRSK) opened at 81.03 on Friday. The company has a 50-day moving average of $81.81 and a 200-day moving average of $81.73. Verisk Analytics, Inc. has a 1-year low of $75.60 and a 1-year high of $88.17. The firm has a market cap of $13.33 billion, a PE ratio of 29.45 and a beta of 0.68.

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, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.05. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. The business had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. During the same quarter in the prior year, the business earned $0.73 earnings per share. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Analysts predict that Verisk Analytics, Inc. will post $3.14 earnings per share for the current fiscal year.

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In other Verisk Analytics news, Director Andrew G. Mills sold 3,000 shares of the 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 transaction, the director now owns 107,666 shares in the company, valued at $8,986,881.02. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David B. Wright sold 10,000 shares of the stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total value of $808,200.00. Following the completion of the transaction, the director now owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The disclosure for this sale can be found here. Insiders have sold 17,304 shares of company stock valued at $1,413,638 in the last 90 days. Company insiders own 3.41% of the company’s stock.

A number of equities research analysts have recently commented on VRSK shares. Credit Suisse Group reaffirmed a “neutral” rating and set a $85.00 price objective (up previously from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. UBS AG reaffirmed a “sell” rating and set a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a research note on Friday, July 14th. SunTrust Banks, Inc. cut shares of Verisk Analytics from a “buy” rating to a “hold” rating and set a $85.00 price objective on the stock. in a research note on Thursday, August 3rd. BMO Capital Markets reaffirmed a “hold” rating and set a $83.00 price objective on shares of Verisk Analytics in a research note on Friday. Finally, Keefe, Bruyette & Woods set a $90.00 price objective on shares of Verisk Analytics and gave the stock a “buy” rating in a research note on Monday, August 21st. One analyst has rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. Verisk Analytics presently has a consensus rating of “Hold” and an average price target of $85.38.

Verisk Analytics 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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