Commerzbank Aktiengesellschaft FI Purchases 230 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Commerzbank Aktiengesellschaft FI increased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 22.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,261 shares of the business services provider’s stock after buying an additional 230 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in Verisk Analytics were worth $338,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of VRSK. International Assets Investment Management LLC purchased a new position in Verisk Analytics during the 2nd quarter valued at $31,000. Chilton Capital Management LLC bought a new position in shares of Verisk Analytics in the 2nd quarter worth approximately $34,000. Rothschild Investment LLC purchased a new position in shares of Verisk Analytics in the 2nd quarter valued at approximately $41,000. Kings Path Partners LLC bought a new stake in shares of Verisk Analytics during the second quarter valued at approximately $46,000. Finally, Webster Bank N. A. grew its stake in Verisk Analytics by 28.4% in the first quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock worth $49,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 90.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on VRSK shares. Barclays raised their price objective 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 lifted their price target on shares of Verisk Analytics from $243.00 to $260.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 31st. BMO Capital Markets dropped their price objective on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a research note on Thursday, August 1st. 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 research note on Thursday, October 17th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a research report on Thursday, August 1st. 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $278.67.

Verisk Analytics Stock Performance

VRSK stock opened at $264.97 on Friday. The stock’s 50 day simple moving average is $268.99 and its 200 day simple moving average is $260.35. 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 stock has a market capitalization 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.

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

Insider Buying and Selling

In other 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 transaction of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at $4,289,184.64. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.40% of the stock is currently owned by corporate insiders.

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.