DekaBank Deutsche Girozentrale Sells 14,230 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

DekaBank Deutsche Girozentrale decreased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK - Free Report) by 13.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 93,492 shares of the business services provider's stock after selling 14,230 shares during the period. DekaBank Deutsche Girozentrale owned 0.07% of Verisk Analytics worth $24,589,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc raised its stake in Verisk Analytics by 7.4% during the 2nd quarter. Legal & General Group Plc now owns 1,618,266 shares of the business services provider's stock valued at $436,204,000 after purchasing an additional 111,364 shares during the period. TD Asset Management Inc raised its position in shares of Verisk Analytics by 5.5% during the second quarter. TD Asset Management Inc now owns 1,502,614 shares of the business services provider's stock valued at $405,030,000 after buying an additional 78,008 shares during the last quarter. GUARDCAP ASSET MANAGEMENT Ltd raised its position in shares of Verisk Analytics by 1.1% during the first quarter. GUARDCAP ASSET MANAGEMENT Ltd now owns 1,137,069 shares of the business services provider's stock valued at $268,041,000 after buying an additional 12,231 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Verisk Analytics by 8.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,103,628 shares of the business services provider's stock worth $297,491,000 after acquiring an additional 85,202 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Verisk Analytics by 6.7% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 613,185 shares of the business services provider's stock worth $165,284,000 after acquiring an additional 38,258 shares during the last quarter. Hedge funds and other institutional investors own 90.00% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Wells Fargo & Company upgraded shares of Verisk Analytics to a "strong-buy" rating in a research note on Tuesday, August 13th. Evercore ISI reissued an "in-line" rating and set a $279.00 price target on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Robert W. Baird raised their price target on Verisk Analytics from $268.00 to $285.00 and gave the company an "outperform" rating in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft upped their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a "hold" rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada raised their target price on shares of Verisk Analytics from $268.00 to $300.00 and gave the company an "outperform" rating in a report on Thursday, October 17th. Six research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $278.67.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total value of $54,266.00. Following the sale, the chief financial officer now owns 15,808 shares in the company, valued at $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.40% of the stock is owned by company insiders.

Verisk Analytics Trading Up 0.3 %

Shares of Verisk Analytics stock traded up $0.79 during trading on Tuesday, hitting $263.65. The stock had a trading volume of 909,567 shares, compared to its average volume of 794,020. Verisk Analytics, Inc. has a 12 month low of $215.32 and a 12 month high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The firm's fifty day simple moving average is $268.70 and its 200-day simple moving average is $261.68. The stock has a market cap of $37.62 billion, a PE ratio of 49.19, a PEG ratio of 3.36 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK - Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.64 by $0.10. The business had revenue of $716.80 million during the quarter, compared to the consensus estimate of $722.45 million. Verisk Analytics had a net margin of 32.03% and a return on equity of 252.11%. The firm's quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.51 earnings per share. As a group, sell-side analysts expect that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics and technology solutions to the insurance markets in the United States and internationally. It offers policy language, prospective loss costs, policy writing and rating rules, and various underwriting solutions for risk selection and segmentation, pricing, and workflow optimization; property- and auto- specific rating and underwriting information solutions that allows clients to understand, quantify, underwrite, mitigate, and avoid potential loss for risks; catastrophe modeling solutions, which enables companies to identify, quantify, and plan for the financial consequences of catastrophes for use by insurers, reinsurers, intermediaries, financial institutions, and governments.