Harding Loevner Lp Lowers stake in Verisk Analytics (VRSK)

Verisk Analytics (VRSK) : Harding Loevner Lp reduced its stake in Verisk Analytics by 0.27% during the most recent quarter end. The investment management company now holds a total of 3,233,505 shares of Verisk Analytics which is valued at $259,003,751 after selling 8,687 shares in Verisk Analytics , the firm said in a disclosure report filed with the SEC on Oct 11, 2016.Verisk Analytics makes up approximately 1.84% of Harding Loevner Lp’s portfolio.

Other Hedge Funds, Including , Cutler Group Lp reduced its stake in VRSK by selling 2,913 shares or 55.72% in the most recent quarter. The Hedge Fund company now holds 2,315 shares of VRSK which is valued at $185,432. Verisk Analytics makes up approx 0.01% of Cutler Group Lp’s portfolio.First Mercantile Trust Co reduced its stake in VRSK by selling 1,332 shares or 41.78% in the most recent quarter. The Hedge Fund company now holds 1,856 shares of VRSK which is valued at $147,756. Verisk Analytics makes up approx 0.02% of First Mercantile Trust Co’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in VRSK in the latest quarter, The investment management firm added 77 additional shares and now holds a total of 40,124 shares of Verisk Analytics which is valued at $3,194,272. Verisk Analytics makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio.Independent Portfolio Consultants boosted its stake in VRSK in the latest quarter, The investment management firm added 10 additional shares and now holds a total of 8,508 shares of Verisk Analytics which is valued at $683,192. Verisk Analytics makes up approx 0.21% of Independent Portfolio Consultants’s portfolio.

Verisk Analytics closed down -0.7 points or -0.87% at $79.4 with 6,48,135 shares getting traded on Tuesday. Post opening the session at $79.82, the shares hit an intraday low of $79.16 and an intraday high of $80.07 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

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.

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