Mitsubishi UFJ Trust & Banking Corp Raises Holdings in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mitsubishi UFJ Trust & Banking Corp increased its position in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 1.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,684 shares of the business services provider’s stock after buying an additional 1,781 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of Verisk Analytics worth $22,132,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VRSK. Raymond James Trust N.A. increased its stake in Verisk Analytics by 34.7% during the 1st quarter. Raymond James Trust N.A. now owns 4,224 shares of the business services provider’s stock worth $907,000 after buying an additional 1,089 shares during the period. Cibc World Market Inc. increased its position in shares of Verisk Analytics by 3.2% in the 1st quarter. Cibc World Market Inc. now owns 22,860 shares of the business services provider’s stock worth $4,906,000 after purchasing an additional 716 shares during the last quarter. Prudential PLC bought a new stake in shares of Verisk Analytics in the 1st quarter worth about $636,000. National Pension Service increased its position in shares of Verisk Analytics by 0.6% in the 1st quarter. National Pension Service now owns 195,526 shares of the business services provider’s stock worth $41,966,000 after purchasing an additional 1,093 shares during the last quarter. Finally, Candriam Luxembourg S.C.A. increased its position in shares of Verisk Analytics by 14.4% in the 1st quarter. Candriam Luxembourg S.C.A. now owns 9,781 shares of the business services provider’s stock worth $2,099,000 after purchasing an additional 1,232 shares during the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

Verisk Analytics Trading Up 0.5 %

Verisk Analytics stock opened at $250.61 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 7.22. The firm has a 50-day moving average price of $239.63 and a two-hundred day moving average price of $238.18. The firm has a market capitalization of $36.34 billion, a price-to-earnings ratio of 73.71, a PEG ratio of 3.59 and a beta of 0.80. Verisk Analytics, Inc. has a 52-week low of $169.74 and a 52-week high of $251.98.

Insider Transactions at Verisk Analytics

In other news, insider Nicholas Daffan sold 1,507 shares of the company’s stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $235.64, for a total value of $355,109.48. Following the completion of the sale, the insider now directly owns 48,860 shares of the company’s stock, valued at approximately $11,513,370.40. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last three months, insiders sold 3,012 shares of company stock valued at $719,304. Company insiders own 1.31% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on VRSK shares. Raymond James boosted their target price on shares of Verisk Analytics from $255.00 to $260.00 and gave the stock an “outperform” rating in a research report on Thursday, November 2nd. Bank of America downgraded shares of Verisk Analytics from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $270.00 to $260.00 in a research report on Monday, January 8th. JPMorgan Chase & Co. dropped their target price on shares of Verisk Analytics from $260.00 to $255.00 and set an “overweight” rating for the company in a research report on Thursday, November 2nd. Truist Financial boosted their price objective on shares of Verisk Analytics from $275.00 to $285.00 and gave the company a “buy” rating in a research report on Tuesday, October 17th. Finally, Wells Fargo & Company assumed coverage on shares of Verisk Analytics in a research report on Monday, October 30th. They set an “equal weight” rating and a $230.00 price objective for the company. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, Verisk Analytics currently has an average rating of “Hold” and an average target price of $247.50.

Get Our Latest Research Report on Verisk Analytics

About Verisk Analytics

(Free Report)

Verisk Analytics, Inc provides data analytics solutions to the insurance markets in the United States and internationally. The company provides predictive analytics and decision support solutions to customers in rating, underwriting, claims, catastrophe and weather risk, global risk analytics, and various other fields.

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

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