Achmea Funding Administration B.V. raised its place in shares of W. R. Berkley Co. (NYSE:WRB – Free Report) by 15.1% within the second quarter, in keeping with the corporate in its most up-to-date 13F submitting with the SEC. The institutional investor owned 17,508 shares of the insurance coverage supplier’s inventory after buying an extra 2,295 shares in the course of the quarter. Achmea Funding Administration B.V.’s holdings in W. R. Berkley have been value $1,376,000 as of its most up-to-date SEC submitting.
A number of different hedge funds additionally just lately modified their holdings of the corporate. ING Groep NV boosted its stake in W. R. Berkley by 1.7% in the course of the fourth quarter. ING Groep NV now owns 7,669 shares of the insurance coverage supplier’s inventory valued at $542,000 after shopping for an extra 128 shares within the final quarter. Wedmont Personal Capital grew its stake in shares of W. R. Berkley by 3.0% within the 1st quarter. Wedmont Personal Capital now owns 4,768 shares of the insurance coverage supplier’s inventory value $399,000 after buying an extra 137 shares over the past quarter. West Paces Advisors Inc. raised its holdings in shares of W. R. Berkley by 12.7% within the 1st quarter. West Paces Advisors Inc. now owns 1,228 shares of the insurance coverage supplier’s inventory value $109,000 after buying an extra 138 shares within the final quarter. Quadrant Capital Group LLC lifted its stake in W. R. Berkley by 6.8% in the course of the fourth quarter. Quadrant Capital Group LLC now owns 2,250 shares of the insurance coverage supplier’s inventory valued at $159,000 after buying an extra 144 shares over the past quarter. Lastly, Mitchell & Pahl Personal Wealth LLC grew its place in W. R. Berkley by 1.0% within the first quarter. Mitchell & Pahl Personal Wealth LLC now owns 14,221 shares of the insurance coverage supplier’s inventory value $1,258,000 after shopping for an extra 145 shares over the past quarter. 68.82% of the inventory is presently owned by institutional traders and hedge funds.
W. R. Berkley Worth Efficiency
Shares of NYSE:WRB opened at $58.34 on Friday. The enterprise has a fifty day easy transferring common of $57.31 and a 200 day easy transferring common of $55.40. 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 12 months low of $41.37 and a 1 12 months excessive of $61.28. The agency has a market cap of $22.20 billion, a price-to-earnings ratio of 15.52, a P/E/G ratio of 1.05 and a beta of 0.62.
W. R. Berkley (NYSE:WRB – Get Free Report) final introduced its quarterly earnings outcomes on Monday, July twenty second. The insurance coverage supplier reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.12. W. R. Berkley had a return on fairness of 21.34% and a internet margin of 12.05%. The enterprise had income of $3.31 billion in the course of the quarter, in comparison with analyst estimates of $2.84 billion. Throughout the identical interval within the earlier 12 months, the corporate earned $1.14 EPS. The agency’s income was up 10.6% on a year-over-year foundation. As a bunch, sell-side analysts predict that W. R. Berkley Co. will submit 4.03 earnings per share for the present fiscal 12 months.
W. R. Berkley Declares Dividend
The agency additionally just lately declared a quarterly dividend, which will likely be paid on Monday, September thirtieth. Stockholders of document on Monday, September twenty third will likely be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, September twenty third. This represents a $0.32 annualized dividend and a dividend yield of 0.55%. W. R. Berkley’s dividend payout ratio (DPR) is 8.51%.
Wall Road Analyst Weigh In
WRB has been the topic of a variety of latest analysis stories. Royal Financial institution of Canada reiterated a “sector carry out” ranking and set a $57.00 worth goal on shares of W. R. Berkley in a analysis report on Tuesday, July twenty third. The Goldman Sachs Group downgraded W. R. Berkley from a “purchase” ranking to a “impartial” ranking and lower their worth goal for the inventory from $58.67 to $55.33 in a report on Thursday, June thirteenth. TD Cowen began protection on shares of W. R. Berkley in a analysis report on Monday, July 1st. They issued a “purchase” ranking and a $68.67 goal worth on the inventory. Barclays started protection on shares of W. R. Berkley in a analysis report on Wednesday, September 4th. They issued an “underweight” ranking and a $56.00 worth goal for the corporate. Lastly, Wells Fargo & Firm lower their goal worth on shares of W. R. Berkley from $62.00 to $59.00 and set an “chubby” ranking on the inventory in a analysis notice on Tuesday, July twenty third. One analyst has rated the inventory with a promote ranking, six have assigned a maintain ranking and 4 have issued a purchase ranking to the corporate’s inventory. In line with information from MarketBeat.com, the inventory presently has a consensus ranking of “Maintain” and a consensus goal worth of $59.67.
Examine Out Our Newest Inventory Evaluation 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 section underwrites industrial insurance coverage enterprise, together with extra and surplus traces, admitted traces, and specialty private traces.
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