Outlook Wealth Advisors LLC Has $381,000 Stock Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Outlook Wealth Advisors LLC increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSK) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,422 shares of the business services provider’s stock after acquiring an additional 46 shares during the quarter. Outlook Wealth Advisors LLC’s holdings in Verisk Analytics were worth $381,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Webster Bank N. A. grew its position in shares of Verisk Analytics by 28.4% in the 1st quarter. Webster Bank N. A. now owns 208 shares of the business services provider’s stock valued at $49,000 after purchasing an additional 46 shares during the period. Oak Thistle LLC bought a new position in shares of Verisk Analytics during the 1st quarter worth approximately $386,000. MV Capital Management Inc. raised its stake in Verisk Analytics by 37.8% in the 1st quarter. MV Capital Management Inc. now owns 923 shares of the business services provider’s stock valued at $218,000 after acquiring an additional 253 shares during the period. Verum Partners LLC bought a new stake in Verisk Analytics in the 1st quarter valued at $589,000. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Verisk Analytics by 1.2% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 362,915 shares of the business services provider’s stock valued at $85,550,000 after purchasing an additional 4,147 shares during the last quarter. 90.00% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Verisk Analytics

In other Verisk Analytics news, CFO Elizabeth Mann sold 200 shares of the company’s 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 completion of the sale, the chief financial officer now directly owns 15,808 shares in the company, valued at $4,289,184.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by insiders.

Verisk Analytics Stock Down 0.1 %

Shares of NASDAQ VRSK opened at $264.65 on Friday. The stock has a market capitalization of $37.76 billion, a P/E ratio of 49.38, a PEG ratio of 3.40 and a beta of 0.86. The stock’s fifty day moving average is $268.93 and its 200 day moving average is $260.87. Verisk Analytics, Inc. has a 52 week low of $215.32 and a 52 week high of $287.13. The company has a debt-to-equity ratio of 5.86, a quick ratio of 0.95 and a current ratio of 0.95.

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

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on VRSK shares. Evercore ISI restated an “in-line” rating and set a $279.00 target price on shares of Verisk Analytics in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft boosted their price objective on Verisk Analytics from $280.00 to $282.00 and gave the stock a “hold” rating in a report on Thursday, August 1st. BMO Capital Markets lowered their target price on 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. Robert W. Baird boosted their price target on Verisk Analytics from $268.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, August 1st. Finally, Barclays increased their price objective on Verisk Analytics from $275.00 to $310.00 and gave the stock an “overweight” rating in a research report on Friday, September 13th. Six equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $278.67.

Verisk Analytics Company 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.