Outlook Wealth Advisors LLC Buys 46 Shares of Verisk Analytics, Inc. (NASDAQ:VRSK)

Outlook Wealth Advisors LLC grew its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 1,422 shares of the business services provider’s stock after acquiring an additional 46 shares during the period. Outlook Wealth Advisors LLC’s holdings in Verisk Analytics were worth $381,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. International Assets Investment Management LLC bought a new stake in Verisk Analytics during the 2nd quarter worth approximately $31,000. Chilton Capital Management LLC bought a new stake in shares of Verisk Analytics in the second quarter worth $34,000. Rothschild Investment LLC acquired a new stake in Verisk Analytics in the second quarter valued at $41,000. Kings Path Partners LLC bought a new position in Verisk Analytics during the 2nd quarter worth $46,000. Finally, Webster Bank N. A. lifted its holdings in Verisk Analytics by 28.4% during the 1st quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock worth $49,000 after buying an additional 46 shares during the period. Institutional investors and hedge funds own 90.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VRSK has been the subject of a number of analyst reports. Royal Bank of Canada raised their price objective on Verisk Analytics from $268.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, October 17th. Evercore ISI restated an “in-line” rating and set a $279.00 price target on shares of Verisk Analytics in a report on Wednesday, October 2nd. Robert W. Baird upped their price objective on shares of Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Morgan Stanley lifted their target price on shares of Verisk Analytics from $243.00 to $260.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 31st. Finally, BMO Capital Markets dropped their target price on shares of Verisk Analytics from $278.00 to $263.00 and set a “market perform” rating on the stock in a 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 issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $278.67.

Insider Buying and Selling at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $271.33, for a total value of $54,266.00. Following the transaction, the chief financial officer now directly owns 15,808 shares of the company’s stock, valued at approximately $4,289,184.64. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.40% of the stock is currently owned by company insiders.

Verisk Analytics Stock Performance

Shares of VRSK opened at $264.65 on Friday. The stock has a 50-day moving average of $268.93 and a 200-day moving average of $260.87. Verisk Analytics, Inc. has a one year low of $215.32 and a one year high of $287.13. The company has a debt-to-equity ratio of 5.86, a current ratio of 0.95 and a quick ratio of 0.95. The company has a market cap of $37.76 billion, a PE ratio of 49.38, a P/E/G ratio of 3.40 and a beta of 0.86.

Verisk Analytics (NASDAQ:VRSK) last announced its quarterly earnings data 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 return on equity of 252.11% and a net margin of 32.03%. The firm had revenue of $716.80 million during the quarter, compared to analysts’ expectations of $722.45 million. During the same quarter last year, the firm posted $1.51 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities research analysts predict that Verisk Analytics, Inc. will post 6.57 EPS for the current fiscal year.

About Verisk Analytics

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.