Verisk Analytics (VRSK) : Harding Loevner Lp reduced its stake in Verisk Analytics by 0.76% during the most recent quarter end. The investment management company now holds a total of 3,242,192 shares of Verisk Analytics which is valued at $275,780,852 after selling 24,788 shares in Verisk Analytics , the firm said in a disclosure report filed with the SEC on Jul 15, 2016.Verisk Analytics makes up approximately 2.07% of Harding Loevner Lp’s portfolio.
Other Hedge Funds, Including , Independent Portfolio Consultants reduced its stake in VRSK by selling 8,817 shares or 50.92% in the most recent quarter. The Hedge Fund company now holds 8,498 shares of VRSK which is valued at $722,840. Verisk Analytics makes up approx 0.22% of Independent Portfolio Consultants’s portfolio.Chevy Chase Trust Holdings boosted its stake in VRSK in the latest quarter, The investment management firm added 1,723 additional shares and now holds a total of 134,494 shares of Verisk Analytics which is valued at $11,216,800. Verisk Analytics makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.Exxonmobil Investment Management Inc Tx boosted its stake in VRSK in the latest quarter, The investment management firm added 2,408 additional shares and now holds a total of 40,047 shares of Verisk Analytics which is valued at $3,339,920. Verisk Analytics makes up approx 0.07% of Exxonmobil Investment Management Inc Tx’s portfolio.
Verisk Analytics closed down -0.18 points or -0.21% at $85.06 with 4,74,276 shares getting traded on Monday. Post opening the session at $85.47, the shares hit an intraday low of $84.98 and an intraday high of $85.54 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Verisk Analytics reported $0.75 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on May 3, 2016. Analyst had a consensus of $0.76. The company had revenue of $492.70 million for the quarter, compared to analysts expectations of $559.99 million. The company’s revenue was up 28.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.
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.