Healthcare of Ontario Pension Plan Trust Fund Trims Stock Position in Verisk Analytics, Inc. $VRSK

Healthcare of Ontario Pension Plan Trust Fund trimmed its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 6.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,934 shares of the business services provider’s stock after selling 3,256 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Verisk Analytics were worth $8,526,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new stake in shares of Verisk Analytics during the 4th quarter valued at approximately $27,000. Osterweis Capital Management Inc. acquired a new position in Verisk Analytics in the second quarter valued at approximately $28,000. Reflection Asset Management purchased a new position in Verisk Analytics in the fourth quarter worth approximately $30,000. Elyxium Wealth LLC purchased a new position in Verisk Analytics in the fourth quarter worth approximately $31,000. Finally, MCF Advisors LLC increased its stake in Verisk Analytics by 141.7% during the fourth quarter. MCF Advisors LLC now owns 145 shares of the business services provider’s stock worth $32,000 after acquiring an additional 85 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Verisk Analytics Stock Up 2.7%

Shares of NASDAQ VRSK opened at $212.26 on Wednesday. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 10.42. The business’s 50 day moving average is $183.95 and its two-hundred day moving average is $189.25. Verisk Analytics, Inc. has a 52-week low of $155.94 and a 52-week high of $300.93. The firm has a market cap of $27.81 billion, a price-to-earnings ratio of 32.31, a PEG ratio of 2.31 and a beta of 0.69.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.82 EPS for the quarter, topping the consensus estimate of $1.76 by $0.06. Verisk Analytics had a negative return on equity of 2,405.75% and a net margin of 29.34%.The business had revenue of $782.60 million during the quarter, compared to analyst estimates of $771.62 million. During the same period last year, the business posted $1.73 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis. Research analysts predict that Verisk Analytics, Inc. will post 7.64 EPS for the current year.

Insider Activity at Verisk Analytics

In related news, Director Samuel G. Liss sold 4,671 shares of the firm’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $182.21, for a total transaction of $851,102.91. Following the completion of the transaction, the director directly owned 69,098 shares in the company, valued at $12,590,346.58. This trade represents a 6.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Bruce Edward Hansen sold 2,336 shares of Verisk Analytics stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $174.99, for a total value of $408,776.64. Following the completion of the transaction, the director directly owned 15,868 shares of the company’s stock, valued at approximately $2,776,741.32. This represents a 12.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 16,507 shares of company stock worth $2,925,710. 0.52% of the stock is currently owned by company insiders.

Analyst Ratings Changes

VRSK has been the topic of a number of research analyst reports. Rothschild & Co Redburn set a $185.00 target price on Verisk Analytics and gave the company a “neutral” rating in a research report on Thursday, June 18th. Bank of America lowered their price target on Verisk Analytics from $225.00 to $190.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Weiss Ratings downgraded Verisk Analytics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, May 14th. Morgan Stanley set a $235.00 price objective on shares of Verisk Analytics in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their target price on shares of Verisk Analytics from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Verisk Analytics presently has a consensus rating of “Hold” and a consensus target price of $234.87.

About Verisk Analytics

Verisk Analytics, Inc (NASDAQ: VRSK) is a data analytics and decision‑support provider that helps organizations assess and manage risk. The company supplies data, predictive models and software to customers in insurance, reinsurance, financial services, government, energy and other commercial markets. Its offerings are designed to support underwriting, pricing, claims management, catastrophe modeling, fraud detection and regulatory compliance, enabling clients to make more informed operational and strategic decisions.

Verisk’s product portfolio combines large proprietary datasets with analytics platforms and industry‑specific applications.