W. R. Berkley (WRB) – Research Analysts’ Weekly Ratings Changes

A number of research firms have changed their ratings and price targets for W. R. Berkley (NYSE: WRB):

• 1/28/2025 – W. R. Berkley had its price target raised by analysts at Barclays PLC from $50.00 to $52.00. They now have an “underweight” rating on the stock.
• 1/28/2025 – W. R. Berkley had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $63.00 price target on the stock.
• 1/28/2025 – W. R. Berkley had its price target raised by analysts at Wells Fargo & Company from $67.00 to $70.00. They now have an “overweight” rating on the stock.
• 1/28/2025 – W. R. Berkley had its price target raised by analysts at Keefe, Bruyette & Woods from $60.00 to $61.00. They now have a “market perform” rating on the stock.
• 1/28/2025 – W. R. Berkley was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/16/2025 – W. R. Berkley was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 1/14/2025 – W. R. Berkley had its price target lowered by analysts at Wells Fargo & Company from $68.00 to $67.00. They now have an “overweight” rating on the stock.
• 1/8/2025 – W. R. Berkley was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 1/6/2025 – W. R. Berkley had its price target lowered by analysts at Barclays PLC from $56.00 to $50.00. They now have an “underweight” rating on the stock.
• 12/25/2024 – W. R. Berkley was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 12/11/2024 – W. R. Berkley was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.

W. R. Berkley Trading Up 1.3 %

Shares of WRB traded up $0.79 during midday trading on Tuesday, hitting $60.31. The stock had a trading volume of 1,711,252 shares, compared to its average volume of 2,222,693. The stock’s 50 day moving average is $59.81 and its 200 day moving average is $58.59. The firm has a market cap of $22.98 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 1.52 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.36 and a quick ratio of 0.36. W. R. Berkley Co. has a 1 year low of $50.73 and a 1 year high of $65.49.

W. R. Berkley (NYSE:WRB) last released its quarterly earnings results on Monday, January 27th. The insurance provider reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.18. W. R. Berkley had a net margin of 12.88% and a return on equity of 20.83%. As a group, analysts forecast that W. R. Berkley Co. will post 4.35 EPS for the current fiscal year.

W. R. Berkley Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.53%. W. R. Berkley’s dividend payout ratio is presently 7.33%.

Hedge Funds Weigh In On W. R. Berkley

A number of large investors have recently made changes to their positions in the company. Amalgamated Bank boosted its stake in shares of W. R. Berkley by 0.8% during the 4th quarter. Amalgamated Bank now owns 59,245 shares of the insurance provider’s stock worth $3,467,000 after purchasing an additional 469 shares during the period. Horizon Advisory Services Inc. purchased a new stake in W. R. Berkley in the 4th quarter valued at about $303,000. Crestwood Advisors Group LLC purchased a new stake in W. R. Berkley in the 4th quarter valued at about $209,000. Wealthspire Advisors LLC purchased a new stake in W. R. Berkley in the 4th quarter valued at about $378,000. Finally, Townsend & Associates Inc boosted its position in W. R. Berkley by 1.6% in the 4th quarter. Townsend & Associates Inc now owns 289,926 shares of the insurance provider’s stock valued at $17,161,000 after buying an additional 4,577 shares during the period. 68.82% of the stock is owned by hedge funds and other institutional investors.

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.