Bbva Compass Bancshares Inc. Has $330,000 Stake in Verisk Analytics, Inc. (NASDAQ:VRSK)

Bbva Compass Bancshares Inc. decreased its stake in Verisk Analytics, Inc. (NASDAQ:VRSK) by 16.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,917 shares of the business services provider’s stock after selling 781 shares during the period. Bbva Compass Bancshares Inc.’s holdings in Verisk Analytics were worth $330,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of VRSK. Vanguard Group Inc. boosted its stake in shares of Verisk Analytics by 2.6% in the first quarter. Vanguard Group Inc. now owns 14,618,893 shares of the business services provider’s stock valued at $1,186,178,000 after buying an additional 369,542 shares during the period. BlackRock Inc. boosted its stake in shares of Verisk Analytics by 2,758.9% in the first quarter. BlackRock Inc. now owns 9,612,882 shares of the business services provider’s stock valued at $779,989,000 after buying an additional 9,276,635 shares during the period. State Street Corp boosted its stake in shares of Verisk Analytics by 1.2% in the first quarter. State Street Corp now owns 6,496,095 shares of the business services provider’s stock valued at $527,082,000 after buying an additional 76,648 shares during the period. Parnassus Investments CA boosted its stake in shares of Verisk Analytics by 5.9% in the first quarter. Parnassus Investments CA now owns 5,459,968 shares of the business services provider’s stock valued at $430,617,000 after buying an additional 303,701 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Verisk Analytics by 96.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 4,199,787 shares of the business services provider’s stock valued at $340,771,000 after buying an additional 2,060,620 shares during the period. 94.07% of the stock is owned by institutional investors and hedge funds.

Verisk Analytics, Inc. (NASDAQ:VRSK) traded down 0.31% during midday trading on Friday, reaching $80.65. The company had a trading volume of 851,006 shares. The stock’s 50 day moving average price is $84.09 and its 200-day moving average price is $82.09. The firm has a market capitalization of $13.27 billion, a P/E ratio of 29.32 and a beta of 0.66. Verisk Analytics, Inc. has a one year low of $75.60 and a one year high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last released its quarterly earnings results on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The firm had revenue of $523.20 million for the quarter, compared to analysts’ expectations of $519.67 million. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.73 EPS. On average, equities research analysts anticipate that Verisk Analytics, Inc. will post $3.14 earnings per share for the current year.

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Several analysts have recently commented on VRSK shares. Zacks Investment Research cut Verisk Analytics from a “hold” rating to a “sell” rating in a research report on Friday, May 5th. Cantor Fitzgerald reiterated a “buy” rating and set a $92.00 price objective on shares of Verisk Analytics in a report on Tuesday, May 2nd. Macquarie upgraded Verisk Analytics from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $90.00 to $95.00 in a report on Friday, May 5th. BidaskClub upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $82.00 price objective (down from $83.00) on shares of Verisk Analytics in a report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $85.00.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total transaction of $107,527.84. Following the transaction, the director now owns 9,989 shares in the company, valued at approximately $823,692.94. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director David B. Wright sold 15,000 shares of the stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $80.32, for a total transaction of $1,204,800.00. Following the transaction, the director now owns 22,025 shares in the company, valued at approximately $1,769,048. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 19,304 shares of company stock worth $1,562,738. Company insiders own 3.41% of the company’s stock.

Verisk Analytics Company Profile

Verisk Analytics, Inc is a data analytics provider serving customers in insurance, natural resources and financial services. The Company operates through two segments: Risk Assessment and Decision Analytics. Its Risk Assessment segment serves its property and casualty insurance customers and focuses on prediction of loss, selection and pricing of risk, and compliance with their reporting requirements in each United States state in which they operate.

Institutional Ownership by Quarter for Verisk Analytics (NASDAQ:VRSK)

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