Royal Bank Of Canada reaffirmed their hold rating on shares of Verisk Analytics, Inc. (NASDAQ:VRSK) in a research note issued to investors on Friday. They currently have a $78.00 price objective on the business services provider’s stock.

Several other brokerages have also recently weighed in on VRSK. Credit Suisse Group restated a neutral rating and set a $85.00 price objective (up from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. Zacks Investment Research upgraded Verisk Analytics from a sell rating to a hold rating in a research note on Monday, October 9th. UBS AG restated a sell rating and set a $75.00 price objective (up from $71.00) on shares of Verisk Analytics in a research note 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 on the stock. in a research note on Thursday, August 3rd. Finally, BMO Capital Markets restated a hold rating and set a $83.00 price objective on shares of Verisk Analytics in a research note on Friday, September 15th. 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 an average price target of $84.50.

Verisk Analytics (NASDAQ:VRSK) opened at 84.07 on Friday. The firm has a market capitalization of $13.83 billion, a P/E ratio of 30.56 and a beta of 0.70. Verisk Analytics has a one year low of $75.60 and a one year high of $88.17. The company’s 50-day moving average is $82.15 and its 200-day moving average is $82.02.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the 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 for the quarter, compared to analysts’ expectations of $519.67 million. During the same period last year, the business earned $0.73 EPS. The business’s revenue was up 5.0% on a year-over-year basis. Equities analysts forecast that Verisk Analytics will post $3.13 earnings per share for the current fiscal year.

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In related news, Director Andrew G. Mills sold 1,232 shares of Verisk Analytics stock in a transaction dated Tuesday, September 26th. The stock was sold at an average price of $82.50, for a total value of $101,640.00. Following the completion of the sale, the director now owns 104,293 shares of the company’s stock, valued at approximately $8,604,172.50. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Andrew G. Mills sold 1,768 shares of Verisk Analytics stock in a transaction dated Friday, September 29th. The stock was sold at an average price of $82.50, for a total value of $145,860.00. Following the completion of the sale, the director now directly owns 102,525 shares of the company’s stock, valued at approximately $8,458,312.50. The disclosure for this sale can be found here. Insiders have sold a total of 17,304 shares of company stock worth $1,410,728 over the last quarter. Company insiders own 3.41% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in VRSK. Integrated Investment Consultants LLC increased its holdings in Verisk Analytics by 45.8% in the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after acquiring an additional 418 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in Verisk Analytics by 40.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after acquiring an additional 380 shares during the last quarter. Huntington National Bank increased its holdings in Verisk Analytics by 29.6% in the 2nd quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock worth $131,000 after acquiring an additional 354 shares during the last quarter. Advisory Services Network LLC increased its holdings in Verisk Analytics by 300.5% in the 2nd quarter. Advisory Services Network LLC now owns 1,690 shares of the business services provider’s stock worth $143,000 after acquiring an additional 1,268 shares during the last quarter. Finally, Perigon Wealth Management LLC increased its holdings in Verisk Analytics by 61.2% in the 2nd quarter. Perigon Wealth Management LLC now owns 1,763 shares of the business services provider’s stock worth $149,000 after acquiring an additional 669 shares during the last quarter. 93.13% of the stock is owned by institutional investors.

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.

Analyst Recommendations for Verisk Analytics (NASDAQ:VRSK)

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