Fidelis Capital Partners LLC Sells 71 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Fidelis Capital Partners LLC lowered its stake in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 4.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,582 shares of the business services provider’s stock after selling 71 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Verisk Analytics were worth $422,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VRSK. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in Verisk Analytics by 1.2% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock valued at $85,550,000 after purchasing an additional 4,147 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Verisk Analytics by 0.4% during the first quarter. State of Alaska Department of Revenue now owns 15,731 shares of the business services provider’s stock valued at $3,708,000 after purchasing an additional 70 shares during the last quarter. Norden Group LLC purchased a new stake in Verisk Analytics during the first quarter valued at about $1,997,000. First Trust Direct Indexing L.P. lifted its holdings in Verisk Analytics by 6.0% during the first quarter. First Trust Direct Indexing L.P. now owns 4,371 shares of the business services provider’s stock valued at $1,030,000 after purchasing an additional 249 shares during the last quarter. Finally, Maryland State Retirement & Pension System lifted its holdings in Verisk Analytics by 2.8% during the first quarter. Maryland State Retirement & Pension System now owns 11,198 shares of the business services provider’s stock valued at $2,479,000 after purchasing an additional 303 shares during the last quarter. 90.00% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Up 4.5 %

VRSK stock opened at $275.63 on Thursday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. The company’s 50 day moving average is $268.83 and its 200 day moving average is $261.78. The stock has a market cap of $39.33 billion, a price-to-earnings ratio of 51.42, a price-to-earnings-growth ratio of 3.36 and a beta of 0.86. Verisk Analytics, Inc. has a 1-year low of $215.32 and a 1-year high of $287.13.

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

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total transaction of $54,266.00. Following the transaction, the chief financial officer now directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.40% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Evercore ISI reaffirmed an “in-line” rating and set a $279.00 price objective on shares of Verisk Analytics in a report on Wednesday, October 2nd. Robert W. Baird increased their price target on shares of Verisk Analytics from $268.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Barclays increased their price target on shares of Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a report on Friday, September 13th. Wells Fargo & Company raised shares of Verisk Analytics to a “strong-buy” rating in a report on Tuesday, August 13th. Finally, Morgan Stanley increased their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Six 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 company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $278.67.

Verisk Analytics Profile

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.