Mawer Investment Management Ltd. buys $111,275,167 stake in Verisk Analytics (VRSK)

Verisk Analytics (VRSK) : Mawer Investment Management Ltd. scooped up 268,753 additional shares in Verisk Analytics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,366,681 shares of Verisk Analytics which is valued at $111,275,167.Verisk Analytics makes up approximately 1.59% of Mawer Investment Management Ltd.’s portfolio.

Other Hedge Funds, Including , Two Sigma Securities added VRSK to its portfolio by purchasing 3,337 company shares during the most recent quarter which is valued at $271,699. Verisk Analytics makes up approx 0.14% of Two Sigma Securities’s portfolio.Keybank National Associationoh reduced its stake in VRSK by selling 208 shares or 0.25% in the most recent quarter. The Hedge Fund company now holds 84,645 shares of VRSK which is valued at $6,891,796. Verisk Analytics makes up approx 0.04% of Keybank National Associationoh’s portfolio.Brown Advisory Inc boosted its stake in VRSK in the latest quarter, The investment management firm added 20,966 additional shares and now holds a total of 269,611 shares of Verisk Analytics which is valued at $21,975,993. Verisk Analytics makes up approx 0.07% of Brown Advisory Inc’s portfolio.Cable Hill Partners boosted its stake in VRSK in the latest quarter, The investment management firm added 118 additional shares and now holds a total of 200 shares of Verisk Analytics which is valued at $16,434. Verisk Analytics makes up approx 0.01% of Cable Hill Partners’s portfolio.Mizuho Trust Banking Ltd. reduced its stake in VRSK by selling 4,365 shares or 1.69% in the most recent quarter. The Hedge Fund company now holds 253,614 shares of VRSK which is valued at $20,144,560. Verisk Analytics makes up approx 0.06% of Mizuho Trust Banking Ltd.’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.

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