Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of W. R. Berkley Co. (NYSE:WRB). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in W. R. Berkley stock on March 17th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 4/1/2025.
- Sold $1,001 - $15,000 in shares of W. R. Berkley NYSE: WRB on 4/1/2025.
- Sold $15,001 - $50,000 in shares of GoDaddy NYSE: GDDY on 4/1/2025.
- Purchased $1,001 - $15,000 in shares of Ford Motor NYSE: F on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 3/31/2025.
- Purchased $1,001 - $15,000 in shares of Boeing NYSE: BA on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Hologic NASDAQ: HOLX on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 3/31/2025.
W. R. Berkley Stock Performance
Shares of WRB stock traded up $0.83 on Monday, hitting $69.28. 219,410 shares of the stock were exchanged, compared to its average volume of 1,800,388. W. R. Berkley Co. has a one year low of $50.73 and a one year high of $76.38. The firm's 50 day moving average is $63.78 and its two-hundred day moving average is $61.01. The firm has a market capitalization of $26.27 billion, a PE ratio of 15.88, a P/E/G ratio of 1.56 and a beta of 0.40. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.34.
W. R. Berkley (NYSE:WRB - Get Free Report) last posted its quarterly earnings results on Monday, January 27th. The insurance provider reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.18. W. R. Berkley had a net margin of 12.88% and a return on equity of 20.83%. Sell-side analysts expect that W. R. Berkley Co. will post 4.33 earnings per share for the current fiscal year.
W. R. Berkley Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.46%. The ex-dividend date of this dividend was Monday, March 3rd. W. R. Berkley's dividend payout ratio is currently 7.34%.
Hedge Funds Weigh In On W. R. Berkley
A number of large investors have recently modified their holdings of the company. Optiver Holding B.V. raised its stake in shares of W. R. Berkley by 107.3% during the fourth quarter. Optiver Holding B.V. now owns 427 shares of the insurance provider's stock worth $25,000 after acquiring an additional 221 shares in the last quarter. Whipplewood Advisors LLC purchased a new position in W. R. Berkley in the 4th quarter worth $35,000. Mpwm Advisory Solutions LLC bought a new stake in W. R. Berkley in the fourth quarter worth $37,000. Catalyst Capital Advisors LLC purchased a new stake in W. R. Berkley during the fourth quarter valued at about $42,000. Finally, Colonial Trust Co SC grew its stake in shares of W. R. Berkley by 79.9% during the fourth quarter. Colonial Trust Co SC now owns 822 shares of the insurance provider's stock valued at $48,000 after buying an additional 365 shares during the last quarter. 68.82% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently commented on the company. Keefe, Bruyette & Woods cut their price target on W. R. Berkley from $64.00 to $62.00 and set a "market perform" rating for the company in a report on Wednesday, April 9th. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $63.00 target price on shares of W. R. Berkley in a report on Tuesday, January 28th. Bank of America reissued a "neutral" rating and issued a $74.00 price target (up from $73.00) on shares of W. R. Berkley in a report on Tuesday, April 1st. Jefferies Financial Group boosted their price objective on shares of W. R. Berkley from $57.00 to $66.00 and gave the company a "hold" rating in a research note on Friday. Finally, Barclays increased their target price on shares of W. R. Berkley from $52.00 to $62.00 and gave the stock an "underweight" rating in a research note on Friday. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, W. R. Berkley presently has a consensus rating of "Hold" and an average target price of $66.59.
Check Out Our Latest Analysis on WRB
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
W. R. Berkley Company Profile
(
Get Free Report)
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.
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