Oregon Public Employees Retirement Fund Decreases Stock Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Oregon Public Employees Retirement Fund reduced its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 57.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,354 shares of the business services provider’s stock after selling 24,601 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Verisk Analytics were worth $2,741,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. grew its position in Verisk Analytics by 4.4% during the 2nd quarter. BlackRock Inc. now owns 11,898,449 shares of the business services provider’s stock worth $1,742,646,000 after purchasing an additional 502,068 shares during the last quarter. Nwam LLC purchased a new position in Verisk Analytics during the 3rd quarter worth $205,000. DNB Asset Management AS grew its position in Verisk Analytics by 4.3% during the 3rd quarter. DNB Asset Management AS now owns 41,600 shares of the business services provider’s stock worth $6,579,000 after purchasing an additional 1,706 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Verisk Analytics by 10.1% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,711 shares of the business services provider’s stock worth $1,535,000 after purchasing an additional 892 shares during the last quarter. Finally, CIBC Private Wealth Group LLC grew its position in Verisk Analytics by 6.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 13,183 shares of the business services provider’s stock worth $2,085,000 after purchasing an additional 797 shares during the last quarter. 90.09% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:VRSK opened at $171.38 on Friday. The company has a market cap of $28.08 billion, a price-to-earnings ratio of 61.65, a PEG ratio of 3.34 and a beta of 0.68. The firm’s 50-day simple moving average is $160.10 and its 200-day simple moving average is $154.13. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 1.40. Verisk Analytics, Inc. has a fifty-two week low of $121.06 and a fifty-two week high of $171.68.

In related news, EVP Kenneth E. Thompson sold 1,469 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $165.00, for a total value of $242,385.00. Following the completion of the sale, the executive vice president now owns 66,546 shares in the company, valued at $10,980,090. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christopher M. Foskett sold 16,574 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of $144.40, for a total transaction of $2,393,285.60. Following the completion of the sale, the director now owns 15,229 shares of the company’s stock, valued at approximately $2,199,067.60. The disclosure for this sale can be found here. In the last ninety days, insiders sold 151,706 shares of company stock worth $23,611,237. Insiders own 2.71% of the company’s stock.

Several research analysts have issued reports on VRSK shares. William Blair reissued an “outperform” rating on shares of Verisk Analytics in a research report on Thursday, October 31st. BidaskClub raised shares of Verisk Analytics from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 30th. Zacks Investment Research downgraded shares of Verisk Analytics from a “hold” rating to a “sell” rating and set a $162.00 target price on the stock. in a report on Monday, January 6th. Morgan Stanley raised shares of Verisk Analytics from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $162.00 to $176.00 in a report on Tuesday, January 7th. Finally, Robert W. Baird reaffirmed an “outperform” rating and issued a $184.00 target price (up previously from $165.00) on shares of Verisk Analytics in a report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $158.00.

About Verisk Analytics

Verisk Analytics, Inc provides data analytics solutions in the United States and internationally. It provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, natural resources intelligence, economic forecasting, and various other fields.

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

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