Comerica Securities Inc. Purchases 204 Shares of Verisk Analytics, Inc. (VRSK)

Comerica Securities Inc. increased its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,974 shares of the business services provider’s stock after buying an additional 204 shares during the quarter. Comerica Securities Inc.’s holdings in Verisk Analytics were worth $335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in VRSK. Integrated Investment Consultants LLC lifted its position in Verisk Analytics by 45.8% in the 2nd quarter. Integrated Investment Consultants LLC now owns 1,330 shares of the business services provider’s stock worth $112,000 after buying an additional 418 shares during the last quarter. Parkside Financial Bank & Trust lifted its position in Verisk Analytics by 40.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,324 shares of the business services provider’s stock worth $112,000 after buying an additional 380 shares during the last quarter. Huntington National Bank lifted its position in Verisk Analytics by 29.6% in the second quarter. Huntington National Bank now owns 1,548 shares of the business services provider’s stock valued at $131,000 after purchasing an additional 354 shares during the last quarter. Paradigm Asset Management Co. LLC lifted its position in Verisk Analytics by 5.4% in the second quarter. Paradigm Asset Management Co. LLC now owns 1,950 shares of the business services provider’s stock valued at $165,000 after purchasing an additional 100 shares during the last quarter. Finally, Ledyard National Bank lifted its position in Verisk Analytics by 12.9% in the second quarter. Ledyard National Bank now owns 2,355 shares of the business services provider’s stock valued at $199,000 after purchasing an additional 270 shares during the last quarter. Institutional investors own 93.33% of the company’s stock.

Several analysts have weighed in on the company. Morgan Stanley reiterated an “equal weight” rating and issued a $82.00 price objective (down previously from $83.00) on shares of Verisk Analytics in a research report on Tuesday, July 18th. Zacks Investment Research upgraded Verisk Analytics from a “sell” rating to a “hold” rating in a research report on Thursday, July 13th. BMO Capital Markets boosted their price objective on Verisk Analytics from $81.00 to $83.00 and gave the company a “market perform” rating in a research report on Friday, July 14th. UBS AG reiterated a “sell” rating and issued a $75.00 price objective (up previously from $71.00) on shares of Verisk Analytics in a research report on Friday, July 14th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $85.00 price objective (up previously from $80.00) on shares of Verisk Analytics in a research report on Thursday, August 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $85.38.

In other Verisk Analytics news, Director Christopher M. Foskett sold 1,304 shares of the company’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $82.46, for a total value of $107,527.84. Following the completion of the transaction, the director now owns 9,989 shares in the company, valued at approximately $823,692.94. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David B. Wright sold 10,000 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $80.82, for a total transaction of $808,200.00. Following the completion of the transaction, the director now owns 13,951 shares of the company’s stock, valued at approximately $1,127,519.82. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 17,304 shares of company stock valued at $1,413,638. Insiders own 3.41% of the company’s stock.

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Shares of Verisk Analytics, Inc. (VRSK) opened at 81.03 on Friday. The firm has a 50-day moving average price of $81.81 and a 200 day moving average price of $81.73. The company has a market cap of $13.33 billion, a P/E ratio of 29.45 and a beta of 0.68. Verisk Analytics, Inc. has a 12 month low of $75.60 and a 12 month high of $88.17.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. Verisk Analytics had a net margin of 22.99% and a return on equity of 38.43%. The business had revenue of $523.20 million during the quarter, compared to the consensus estimate of $519.67 million. During the same quarter in the prior year, the firm earned $0.73 EPS. The company’s revenue for the quarter was up 5.0% compared to the same quarter last year. Equities analysts predict that Verisk Analytics, Inc. will post $3.14 earnings per share for the current year.

Verisk Analytics 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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