CIBC Asset Management Inc increased its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,206 shares of the business services provider’s stock after buying an additional 1,088 shares during the period. CIBC Asset Management Inc’s holdings in Verisk Analytics were worth $3,594,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. HighTower Advisors LLC raised its stake in shares of Verisk Analytics by 2.7% during the second quarter. HighTower Advisors LLC now owns 3,914 shares of the business services provider’s stock worth $326,000 after buying an additional 104 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Verisk Analytics by 161.7% during the third quarter. Assenagon Asset Management S.A. now owns 9,257 shares of the business services provider’s stock worth $770,000 after buying an additional 5,720 shares during the last quarter. Mountain Pacific Investment Advisers Inc. ID raised its stake in shares of Verisk Analytics by 63.4% during the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 198,962 shares of the business services provider’s stock worth $16,552,000 after buying an additional 77,185 shares during the last quarter. Dock Street Asset Management Inc. raised its stake in shares of Verisk Analytics by 40.1% during the second quarter. Dock Street Asset Management Inc. now owns 81,080 shares of the business services provider’s stock worth $6,841,000 after buying an additional 23,192 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new stake in shares of Verisk Analytics during the third quarter worth approximately $266,000. 93.65% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have commented on VRSK shares. 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 note on Thursday, August 3rd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $85.00 target price (up previously from $80.00) on shares of Verisk Analytics in a research note on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Verisk Analytics in a research note on Friday, August 4th. Keefe, Bruyette & Woods set a $90.00 price target on shares of Verisk Analytics and gave the company a “buy” rating in a report on Monday, August 21st. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $83.00 price target on shares of Verisk Analytics in a report on Friday, September 15th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $88.29.

Verisk Analytics, Inc. (NASDAQ VRSK) opened at $90.83 on Thursday. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 1.36. The firm has a market cap of $15,005.08, a PE ratio of 28.47, a P/E/G ratio of 3.24 and a beta of 0.76. Verisk Analytics, Inc. has a fifty-two week low of $75.60 and a fifty-two week high of $92.92.

Verisk Analytics (NASDAQ:VRSK) last issued its quarterly earnings results on Tuesday, October 31st. The business services provider reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.78 by $0.06. The company had revenue of $549.10 million for the quarter, compared to the consensus estimate of $527.97 million. Verisk Analytics had a net margin of 22.09% and a return on equity of 36.91%. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.84 EPS. analysts predict that Verisk Analytics, Inc. will post 3.17 earnings per share for the current fiscal year.

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In related news, Director Christopher M. Foskett sold 5,500 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $91.02, for a total value of $500,610.00. Following the sale, the director now directly owns 15,489 shares in the company, valued at approximately $1,409,808.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Andrew G. Mills sold 1,232 shares of the business’s stock in a transaction dated Tuesday, September 26th. The shares were 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 in the company, valued at $8,604,172.50. The disclosure for this sale can be found here. Insiders sold a total of 318,146 shares of company stock worth $27,443,084 over the last 90 days. 3.41% of the stock is currently owned by company insiders.

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.

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

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