O Shaughnessy Asset Management LLC Buys 7,084 Shares of W. R. Berkley Co. (NYSE:WRB)

O Shaughnessy Asset Management LLC increased its holdings in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 15.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,117 shares of the insurance provider's stock after buying an additional 7,084 shares during the quarter. O Shaughnessy Asset Management LLC's holdings in W. R. Berkley were worth $3,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Whipplewood Advisors LLC purchased a new stake in W. R. Berkley in the 4th quarter worth approximately $35,000. Catalyst Capital Advisors LLC purchased a new stake in shares of W. R. Berkley during the fourth quarter worth $42,000. Crowley Wealth Management Inc. acquired a new stake in W. R. Berkley during the fourth quarter valued at $59,000. Tortoise Investment Management LLC grew its stake in W. R. Berkley by 69.9% in the fourth quarter. Tortoise Investment Management LLC now owns 1,313 shares of the insurance provider's stock valued at $77,000 after purchasing an additional 540 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. purchased a new stake in shares of W. R. Berkley during the 4th quarter worth about $79,000. 68.82% of the stock is owned by institutional investors and hedge funds.

W. R. Berkley Stock Performance

W. R. Berkley stock traded up $2.43 during trading hours on Tuesday, hitting $66.71. The stock had a trading volume of 567,788 shares, compared to its average volume of 1,984,987. W. R. Berkley Co. has a fifty-two week low of $50.73 and a fifty-two week high of $76.38. The company has a market cap of $25.30 billion, a PE ratio of 15.31, a price-to-earnings-growth ratio of 1.56 and a beta of 0.40. The company has a 50-day moving average of $62.89 and a two-hundred day moving average of $60.62. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.34.

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W. R. Berkley (NYSE:WRB - Get Free Report) last issued its earnings results on Monday, January 27th. The insurance provider reported $1.13 EPS for the quarter, topping the consensus estimate of $0.95 by $0.18. W. R. Berkley had a return on equity of 20.83% and a net margin of 12.88%. On average, equities research analysts anticipate that W. R. Berkley Co. will post 4.33 EPS for the current fiscal year.

W. R. Berkley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Monday, March 3rd were paid a $0.08 dividend. The ex-dividend date was Monday, March 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.48%. W. R. Berkley's payout ratio is currently 7.34%.

Wall Street Analysts Forecast Growth

WRB has been the topic of a number of research reports. Wells Fargo & Company increased their price objective on W. R. Berkley from $67.00 to $70.00 and gave the stock an "overweight" rating in a report on Tuesday, January 28th. Keefe, Bruyette & Woods lifted their price objective on shares of W. R. Berkley from $60.00 to $61.00 and gave the company a "market perform" rating in a research note on Tuesday, January 28th. Truist Financial increased their target price on shares of W. R. Berkley from $68.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 3rd. StockNews.com lowered W. R. Berkley from a "buy" rating to a "hold" rating in a report on Thursday, April 3rd. Finally, Barclays increased their price target on W. R. Berkley from $50.00 to $52.00 and gave the company an "underweight" rating in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $65.13.

W. R. Berkley Profile

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writers worldwide. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines.