Sequoia Financial Advisors LLC Has $502,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Sequoia Financial Advisors LLC grew its holdings in Verisk Analytics, Inc. (NASDAQ:VRSK) by 7.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,872 shares of the business services provider’s stock after purchasing an additional 134 shares during the period. Sequoia Financial Advisors LLC’s holdings in Verisk Analytics were worth $502,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in VRSK. Legal & General Group Plc grew its stake in Verisk Analytics by 7.4% in the second 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 in the last quarter. TD Asset Management Inc grew its stake in shares of Verisk Analytics by 5.5% in 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 in the last quarter. GUARDCAP ASSET MANAGEMENT Ltd grew its stake in shares of Verisk Analytics by 1.1% in 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 in the last quarter. Dimensional Fund Advisors LP increased its holdings in 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 buying an additional 85,202 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC raised its position in 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 in the last quarter. Institutional investors own 90.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on VRSK shares. Robert W. Baird boosted their price objective on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st. Evercore ISI reissued an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a research report on Wednesday, October 2nd. Barclays lifted their target price on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research note on Friday, September 13th. Wells Fargo & Company upgraded Verisk Analytics to a “strong-buy” rating in a research note on Tuesday, August 13th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Verisk Analytics currently has a consensus rating of “Moderate Buy” and an average price target of $278.67.

Verisk Analytics Price Performance

NASDAQ:VRSK opened at $264.65 on Monday. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95. The firm’s 50-day simple moving average is $268.93 and its 200 day simple moving average is $261.12. The firm has a market cap of $37.76 billion, a price-to-earnings ratio of 49.38, a P/E/G ratio of 3.40 and a beta of 0.86.

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

Insiders Place Their Bets

In other news, CFO Elizabeth Mann sold 200 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $271.33, for a total transaction of $54,266.00. Following the completion of the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at approximately $4,289,184.64. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.40% of the company’s stock.

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.