Signaturefd LLC Has $693,000 Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Signaturefd LLC grew its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 1.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,586 shares of the business services provider’s stock after purchasing an additional 38 shares during the period. Signaturefd LLC’s holdings in Verisk Analytics were worth $693,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in Verisk Analytics during the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC acquired a new position in shares of Verisk Analytics in the 2nd quarter valued at about $34,000. Rothschild Investment LLC bought a new position in shares of Verisk Analytics during the 2nd quarter worth approximately $41,000. Kings Path Partners LLC acquired a new stake in shares of Verisk Analytics during the 2nd quarter worth approximately $46,000. Finally, Webster Bank N. A. lifted its position in shares of Verisk Analytics by 28.4% during the 1st quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock valued at $49,000 after acquiring an additional 46 shares during the period. 90.00% of the stock is owned by institutional investors.

Insider Activity

In related news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction that occurred 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 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.40% of the stock is currently owned by corporate insiders.

Verisk Analytics Stock Performance

Shares of VRSK opened at $264.97 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 5.86. Verisk Analytics, Inc. has a 12-month low of $215.32 and a 12-month high of $287.13. The company has a market cap of $37.74 billion, a PE ratio of 43.01, a price-to-earnings-growth ratio of 3.40 and a beta of 0.86. The stock has a 50-day moving average price of $268.99 and a 200-day moving average price of $260.35.

Verisk Analytics (NASDAQ:VRSK) last posted its quarterly earnings data on Wednesday, July 31st. The business services provider reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.64 by $0.10. The firm had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. Verisk Analytics had a return on equity of 252.11% and a net margin of 32.03%. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same period in the prior year, the business earned $1.51 EPS. As a group, equities analysts forecast that Verisk Analytics, Inc. will post 6.57 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have commented on VRSK shares. Evercore ISI restated an “in-line” rating and issued a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Barclays boosted their target price on Verisk Analytics from $275.00 to $310.00 and gave the company an “overweight” rating in a research report on Friday, September 13th. Morgan Stanley increased their price target on Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft boosted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the company a “hold” rating in a report on Thursday, August 1st. Finally, UBS Group increased their target price on Verisk Analytics from $255.00 to $285.00 and gave the stock a “neutral” rating in a report on Tuesday, July 9th. Six investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus 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.