Mutual of America Capital Management LLC Trims Position in Verisk Analytics, Inc. (NASDAQ:VRSK)

Mutual of America Capital Management LLC cut its holdings in shares of Verisk Analytics, Inc. (NASDAQ:VRSKFree Report) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,366 shares of the business services provider’s stock after selling 536 shares during the period. Mutual of America Capital Management LLC’s holdings in Verisk Analytics were worth $4,811,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. UBS Group AG increased its stake in shares of Verisk Analytics by 9.8% during the third quarter. UBS Group AG now owns 232,991 shares of the business services provider’s stock valued at $55,042,000 after buying an additional 20,837 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co purchased a new position in shares of Verisk Analytics during the third quarter valued at approximately $661,000. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Verisk Analytics by 1.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 93,684 shares of the business services provider’s stock valued at $22,132,000 after buying an additional 1,781 shares during the period. Canada Pension Plan Investment Board increased its stake in shares of Verisk Analytics by 42.1% during the third quarter. Canada Pension Plan Investment Board now owns 111,719 shares of the business services provider’s stock valued at $26,392,000 after buying an additional 33,100 shares during the period. Finally, Aptus Capital Advisors LLC purchased a new position in shares of Verisk Analytics during the third quarter valued at approximately $251,000. 90.81% of the stock is owned by hedge funds and other institutional investors.

Verisk Analytics Stock Performance

Shares of VRSK opened at $247.13 on Tuesday. 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 business has a 50-day simple moving average of $239.78 and a two-hundred day simple moving average of $238.29. The stock has a market cap of $35.83 billion, a price-to-earnings ratio of 72.69, 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.

Insiders Place Their Bets

In related news, insider Nicholas Daffan sold 1,507 shares of Verisk Analytics stock in a transaction that occurred on Friday, January 12th. The stock was sold at an average price of $235.64, for a total transaction of $355,109.48. Following the sale, the insider now owns 48,860 shares of the company’s stock, valued at approximately $11,513,370.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 4,519 shares of company stock worth $1,094,924 over the last quarter. 1.31% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on VRSK shares. JPMorgan Chase & Co. reduced their price target on Verisk Analytics from $260.00 to $255.00 and set an “overweight” rating on the stock in a research note on Thursday, November 2nd. Bank of America cut Verisk Analytics from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $270.00 to $260.00 in a research note on Monday, January 8th. Jefferies Financial Group cut Verisk Analytics from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. Truist Financial boosted their target price on Verisk Analytics from $275.00 to $285.00 and gave the stock a “buy” rating in a report on Tuesday, October 17th. Finally, Raymond James boosted their target price on Verisk Analytics from $255.00 to $260.00 and gave the stock an “outperform” rating in a report on Thursday, November 2nd. Ten research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $247.50.

Read 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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