BMO Capital Markets reissued their hold rating on shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in a report published on Friday. They currently have a $83.00 price objective on the business services provider’s stock.

Several other research analysts have also recently weighed in on VRSK. UBS AG reaffirmed a sell rating and set a $75.00 price objective (up from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. SunTrust Banks, Inc. cut Verisk Analytics from a buy rating to a hold rating and set a $85.00 price objective for the company. in a research report on Thursday, August 3rd. Keefe, Bruyette & Woods set a $90.00 price objective on Verisk Analytics and gave the stock a buy rating in a research report on Monday, August 21st. Credit Suisse Group reaffirmed a neutral rating and set a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a hold rating on shares of Verisk Analytics in a research report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $85.38.

Shares of Verisk Analytics (NASDAQ VRSK) opened at 81.03 on Friday. The firm has a market capitalization of $13.33 billion, a price-to-earnings ratio of 29.45 and a beta of 0.68. The stock’s 50 day moving average price is $81.81 and its 200 day moving average price is $81.73. Verisk Analytics has a one year low of $75.60 and a one year high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.05. The company had revenue of $523.20 million during the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a return on equity of 38.43% and a net margin of 22.99%. Verisk Analytics’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.73 earnings per share. Analysts expect that Verisk Analytics will post $3.14 EPS for the current fiscal year.

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In other news, Director Andrew G. Mills sold 3,000 shares of the firm’s stock in a transaction that occurred 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 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 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $80.82, for a total value of $808,200.00. Following the completion of the sale, the director now directly owns 13,951 shares of the company’s stock, valued at $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 over the last three months. Insiders own 3.41% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in VRSK. BlackRock Inc. lifted its position in shares of Verisk Analytics by 2,758.9% in the first quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock valued at $779,989,000 after buying an additional 9,276,635 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Verisk Analytics by 1,487.4% in the second quarter. Janus Henderson Group PLC now owns 5,502,847 shares of the business services provider’s stock valued at $464,275,000 after buying an additional 5,156,187 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Verisk Analytics by 96.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,199,787 shares of the business services provider’s stock valued at $340,771,000 after buying an additional 2,060,620 shares during the last quarter. Neuberger Berman Group LLC lifted its position in shares of Verisk Analytics by 70.8% in the second quarter. Neuberger Berman Group LLC now owns 2,872,109 shares of the business services provider’s stock valued at $242,320,000 after buying an additional 1,190,340 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Verisk Analytics by 5.0% in the second quarter. Vanguard Group Inc. now owns 15,353,093 shares of the business services provider’s stock valued at $1,295,340,000 after buying an additional 734,200 shares during the last quarter. 93.27% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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