Garrison Financial Corp Reduces Position in Verisk Analytics, Inc. (VRSK)

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Garrison Financial Corp lowered its position in Verisk Analytics, Inc. (NASDAQ:VRSK) by 10.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,900 shares of the business services provider’s stock after selling 2,480 shares during the period. Garrison Financial Corp’s holdings in Verisk Analytics were worth $1,699,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in VRSK. Bessemer Group Inc. grew its holdings in Verisk Analytics by 50,719.1% during the third quarter. Bessemer Group Inc. now owns 951,842 shares of the business services provider’s stock valued at $114,743,000 after purchasing an additional 949,969 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Verisk Analytics by 250.6% during the third quarter. JPMorgan Chase & Co. now owns 995,252 shares of the business services provider’s stock valued at $119,978,000 after purchasing an additional 711,385 shares during the last quarter. BlackRock Inc. grew its holdings in Verisk Analytics by 6.3% during the third quarter. BlackRock Inc. now owns 11,150,469 shares of the business services provider’s stock valued at $1,344,188,000 after purchasing an additional 662,844 shares during the last quarter. Morgan Stanley grew its holdings in Verisk Analytics by 170.7% during the third quarter. Morgan Stanley now owns 670,004 shares of the business services provider’s stock valued at $80,770,000 after purchasing an additional 422,503 shares during the last quarter. Finally, Vanguard Group Inc grew its holdings in Verisk Analytics by 2.2% during the third quarter. Vanguard Group Inc now owns 16,255,397 shares of the business services provider’s stock valued at $1,959,589,000 after purchasing an additional 345,631 shares during the last quarter. Hedge funds and other institutional investors own 95.94% of the company’s stock.

In other Verisk Analytics news, insider Vincent De P. Mccarthy sold 3,090 shares of the business’s stock in a transaction on Monday, November 19th. The stock was sold at an average price of $123.48, for a total value of $381,553.20. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Lee Shavel bought 312 shares of the stock in a transaction on Wednesday, November 21st. The stock was purchased at an average price of $120.00 per share, for a total transaction of $37,440.00. Following the completion of the purchase, the chief financial officer now owns 29,734 shares of the company’s stock, valued at $3,568,080. The disclosure for this purchase can be found here. Insiders sold 121,978 shares of company stock valued at $14,260,923 in the last three months. Insiders own 3.19% of the company’s stock.

NASDAQ VRSK opened at $122.09 on Tuesday. Verisk Analytics, Inc. has a one year low of $92.62 and a one year high of $125.99. The company has a market cap of $20.08 billion, a P/E ratio of 38.03, a price-to-earnings-growth ratio of 2.33 and a beta of 0.74. The company has a quick ratio of 0.49, a current ratio of 0.49 and a debt-to-equity ratio of 0.96.

Several equities research analysts have recently issued reports on the stock. SunTrust Banks raised their price objective on shares of Verisk Analytics to $120.00 in a research note on Thursday, November 1st. Cantor Fitzgerald restated a “buy” rating and issued a $135.00 price objective on shares of Verisk Analytics in a research note on Thursday, December 6th. Morgan Stanley set a $119.00 price target on Verisk Analytics and gave the company a “hold” rating in a report on Tuesday, January 8th. Zacks Investment Research reiterated a “hold” rating on shares of Verisk Analytics in a research report on Saturday, November 17th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $125.00 price objective on shares of Verisk Analytics in a research report on Friday, December 7th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $116.00.

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Verisk Analytics Company Profile

Verisk Analytics, Inc provides data analytics solutions for customers in the insurance, energy, and financial markets in the United States and internationally. Its Decision Analytics segment develops predictive models to forecast scenarios, and produce standard and customized analytics for predicting loss, selecting and pricing risk, detecting fraud before and after a loss event, and quantifying losses.

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

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