Verisk Analytics (VRSK) : White Elm Capital reduced its stake in Verisk Analytics by 13.96% during the most recent quarter end. The investment management company now holds a total of 360,771 shares of Verisk Analytics which is valued at $29,373,975 after selling 58,530 shares in Verisk Analytics , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Verisk Analytics makes up approximately 3.03% of White Elm Capital’s portfolio.
Other Hedge Funds, Including , Paloma Partners Management Co sold out all of its stake in VRSK during the most recent quarter. The investment firm sold 3,880 shares of VRSK which is valued $315,910.Tcw Group Inc boosted its stake in VRSK in the latest quarter, The investment management firm added 33 additional shares and now holds a total of 12,450 shares of Verisk Analytics which is valued at $1,013,679. Verisk Analytics makes up approx 0.01% of Tcw Group Inc’s portfolio.Tredje Ap-fonden boosted its stake in VRSK in the latest quarter, The investment management firm added 3,100 additional shares and now holds a total of 4,060 shares of Verisk Analytics which is valued at $330,565. Verisk Analytics makes up approx 0.01% of Tredje Ap-fonden’s portfolio.Giovine Capital Group reduced its stake in VRSK by selling 7,702 shares or 44.25% in the most recent quarter. The Hedge Fund company now holds 9,703 shares of VRSK which is valued at $790,018. Verisk Analytics makes up approx 1.06% of Giovine Capital Group’s portfolio.Aberdeen Asset Management Plcuk boosted its stake in VRSK in the latest quarter, The investment management firm added 1,847 additional shares and now holds a total of 369,794 shares of Verisk Analytics which is valued at $29,372,737. Verisk Analytics makes up approx 0.11% of Aberdeen Asset Management Plcuk’s portfolio.
Verisk Analytics opened for trading at $83.27 and hit $83.55 on the upside on Thursday, eventually ending the session at $83.3, with a gain of 0.30% or 0.25 points. The heightened volatility saw the trading volume jump to 7,28,884 shares. Company has a market cap of $14,075 M.
On the company’s financial health, Verisk Analytics reported $0.73 EPS for the quarter, missing the analyst consensus estimate by $ -0.03 based on the information available during the earnings call on Aug 2, 2016. Analyst had a consensus of $0.76. The company had revenue of $498.30 million for the quarter, compared to analysts expectations of $504.47 million. The company’s revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.
Many Wall Street Analysts have commented on Verisk Analytics. Macquarie Initiated Verisk Analytics on Aug 26, 2016 to “Neutral”, Price Target of the shares are set at $88.
Verisk Analytics Inc. is a provider of information about risk to professionals in insurance healthcare financial services Government supply chain and risk management. The Company provides predictive analytics and decision-support solutions in fraud prevention actuarial science insurance coverages fire protection catastrophe and weather risk profitability optimization data management among others. The Company operates in two segments: Risk Assessment and Decision Analytics. The Company’s Risk Assessment segment serves its P&C insurance customers and focuses on the first two decision making processes in its Risk Analysis Framework: prediction of loss and selection and pricing of risk. The Company’s Decision Analytics segment provides P&C insurance solutions to P&C insurers in the United States.