Mn Companies Vermogensbeheer B.V. boosted its place in W. R. Berkley Co. (NYSE:WRB – Free Report) by 46.8% in the course of the third quarter, based on its most up-to-date 13F submitting with the SEC. The agency owned 119,050 shares of the insurance coverage supplier’s inventory after buying an extra 37,950 shares in the course of the interval. Mn Companies Vermogensbeheer B.V.’s holdings in W. R. Berkley had been price $6,754,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers have additionally added to or lowered their stakes within the enterprise. Armstrong Advisory Group Inc. grew its place in shares of W. R. Berkley by 51.0% within the third quarter. Armstrong Advisory Group Inc. now owns 619 shares of the insurance coverage supplier’s inventory valued at $35,000 after buying an extra 209 shares within the final quarter. Quarry LP bought a brand new stake in shares of W. R. Berkley within the second quarter price about $42,000. Artistic Monetary Designs Inc. ADV elevated its holdings in shares of W. R. Berkley by 108.1% within the third quarter. Artistic Monetary Designs Inc. ADV now owns 801 shares of the insurance coverage supplier’s inventory price $45,000 after buying an extra 416 shares in the course of the interval. Kiely Wealth Advisory Group Inc. raised its place in shares of W. R. Berkley by 49.9% within the second quarter. Kiely Wealth Advisory Group Inc. now owns 580 shares of the insurance coverage supplier’s inventory price $46,000 after shopping for an extra 193 shares within the final quarter. Lastly, Covestor Ltd boosted its stake in W. R. Berkley by 173.0% in the course of the first quarter. Covestor Ltd now owns 546 shares of the insurance coverage supplier’s inventory valued at $48,000 after shopping for an extra 346 shares in the course of the interval. 68.82% of the inventory is owned by hedge funds and different institutional buyers.
W. R. Berkley Buying and selling Up 4.2 %
NYSE WRB opened at $60.64 on Thursday. The inventory has a 50-day transferring common of $58.38 and a 200-day transferring common of $55.79. The corporate has a present ratio of 0.38, a fast ratio of 0.38 and a debt-to-equity ratio of 0.36. W. R. Berkley Co. has a 1-year low of $44.88 and a 1-year excessive of $61.96. The agency has a market cap of $23.08 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 1.14 and a beta of 0.62.
W. R. Berkley (NYSE:WRB – Get Free Report) final launched its quarterly earnings information on Monday, October twenty first. The insurance coverage supplier reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.01. W. R. Berkley had a return on fairness of 20.91% and a internet margin of 11.96%. The agency had income of $2.93 billion in the course of the quarter, in comparison with analyst estimates of $2.93 billion. Throughout the identical quarter within the prior 12 months, the agency posted $0.90 earnings per share. The enterprise’s quarterly income was up 10.8% in comparison with the identical quarter final 12 months. As a gaggle, sell-side analysts forecast that W. R. Berkley Co. will submit 3.96 EPS for the present 12 months.
W. R. Berkley Declares Dividend
The corporate additionally just lately disclosed a quarterly dividend, which was paid on Monday, September thirtieth. Shareholders of document on Monday, September twenty third got a $0.08 dividend. This represents a $0.32 dividend on an annualized foundation and a dividend yield of 0.53%. The ex-dividend date was Monday, September twenty third. W. R. Berkley’s payout ratio is 8.21%.
Analyst Upgrades and Downgrades
Plenty of equities analysts have weighed in on the corporate. Financial institution of America upped their goal worth on W. R. Berkley from $73.00 to $76.00 and gave the inventory a “purchase” ranking in a analysis be aware on Tuesday, October twenty second. Royal Financial institution of Canada lifted their goal worth on shares of W. R. Berkley from $57.00 to $63.00 and gave the corporate a “sector carry out” ranking in a analysis report on Tuesday, October twenty second. StockNews.com lowered shares of W. R. Berkley from a “purchase” ranking to a “maintain” ranking in a report on Thursday, October third. UBS Group lifted their worth goal on shares of W. R. Berkley from $67.00 to $69.00 and gave the inventory a “purchase” ranking in a report on Tuesday, October twenty second. Lastly, Evercore ISI elevated their goal worth on W. R. Berkley from $57.00 to $60.00 and gave the corporate an “in-line” ranking in a analysis be aware on Tuesday, October twenty second. One analysis analyst has rated the inventory with a promote ranking, seven have assigned a maintain ranking and 5 have assigned a purchase ranking to the corporate. In response to MarketBeat.com, the inventory presently has a mean ranking of “Maintain” and a consensus goal worth of $63.08.
View Our Newest Analysis Report on WRB
W. R. Berkley Firm Profile
W. R. Berkley Company, an insurance coverage holding firm, operates as a industrial traces writers worldwide. It operates in two segments, Insurance coverage and Reinsurance & Monoline Extra. The Insurance coverage phase underwrites industrial insurance coverage enterprise, together with extra and surplus traces, admitted traces, and specialty private traces.
Featured Articles
Obtain Information & Scores for W. R. Berkley Day by day – Enter your electronic mail deal with under to obtain a concise each day abstract of the most recent information and analysts’ rankings for W. R. Berkley and associated firms with MarketBeat.com’s FREE each day electronic mail e-newsletter.
