Stonehage Fleming Financial Services Holdings Ltd Acquires 9,366 Shares of Verisk Analytics, Inc. $VRSK

Stonehage Fleming Financial Services Holdings Ltd increased its stake in Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 1.5% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 643,428 shares of the business services provider’s stock after buying an additional 9,366 shares during the period. Verisk Analytics accounts for about 4.6% of Stonehage Fleming Financial Services Holdings Ltd’s holdings, making the stock its 11th largest holding. Stonehage Fleming Financial Services Holdings Ltd’s holdings in Verisk Analytics were worth $161,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VRSK. AlphaCore Capital LLC bought a new stake in Verisk Analytics during the 2nd quarter valued at about $27,000. Osterweis Capital Management Inc. purchased a new stake in shares of Verisk Analytics during the second quarter valued at approximately $28,000. Spurstone Advisory Services LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $29,000. NewSquare Capital LLC raised its holdings in Verisk Analytics by 69.0% in the 2nd quarter. NewSquare Capital LLC now owns 98 shares of the business services provider’s stock worth $31,000 after acquiring an additional 40 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its position in Verisk Analytics by 62.7% in the 2nd quarter. Hantz Financial Services Inc. now owns 109 shares of the business services provider’s stock valued at $34,000 after acquiring an additional 42 shares in the last quarter. Institutional investors own 90.00% of the company’s stock.

Insider Transactions at Verisk Analytics

In other news, CFO Elizabeth Mann sold 300 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $219.54, for a total value of $65,862.00. Following the completion of the sale, the chief financial officer directly owned 14,265 shares of the company’s stock, valued at $3,131,738.10. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jeffrey J. Dailey purchased 500 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average price of $217.03 per share, for a total transaction of $108,515.00. Following the acquisition, the director directly owned 3,962 shares in the company, valued at $859,872.86. This trade represents a 14.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 1,450 shares of company stock worth $314,663 and have sold 1,700 shares worth $369,648. 0.46% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VRSK. Royal Bank Of Canada reduced their price target on shares of Verisk Analytics from $314.00 to $250.00 and set an “outperform” rating for the company in a research note on Thursday, October 30th. Argus downgraded shares of Verisk Analytics from a “buy” rating to a “hold” rating in a research report on Friday, November 14th. JPMorgan Chase & Co. lowered their price target on Verisk Analytics from $315.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, October 30th. Evercore ISI reduced their price objective on Verisk Analytics from $262.00 to $250.00 and set an “in-line” rating for the company in a research report on Thursday, October 30th. Finally, Rothschild Redb downgraded Verisk Analytics from a “hold” rating to a “strong sell” rating in a report on Thursday, October 16th. Seven research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $278.64.

Read Our Latest Report on Verisk Analytics

Verisk Analytics Stock Performance

Shares of NASDAQ VRSK opened at $216.28 on Wednesday. The company has a debt-to-equity ratio of 8.55, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $30.14 billion, a P/E ratio of 32.97, a P/E/G ratio of 3.13 and a beta of 0.81. The firm’s fifty day moving average is $220.84 and its two-hundred day moving average is $242.81. Verisk Analytics, Inc. has a 52-week low of $196.99 and a 52-week high of $322.92.

Verisk Analytics (NASDAQ:VRSKGet Free Report) last issued its quarterly earnings data on Wednesday, October 29th. The business services provider reported $1.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.70 by $0.02. The business had revenue of $768.30 million for the quarter, compared to analysts’ expectations of $776.04 million. Verisk Analytics had a return on equity of 425.42% and a net margin of 30.42%.The company’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.67 EPS. As a group, analysts anticipate that Verisk Analytics, Inc. will post 6.63 EPS for the current fiscal year.

Verisk Analytics Profile

(Free Report)

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.

See Also

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

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