Unigestion Holding SA Has $2.11 Million Stock Holdings in W. R. Berkley Co. (NYSE:WRB)

Unigestion Holding SA grew its stake in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 113.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,656 shares of the insurance provider's stock after buying an additional 15,776 shares during the quarter. Unigestion Holding SA's holdings in W. R. Berkley were worth $2,110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in WRB. Optiver Holding B.V. grew its position in W. R. Berkley by 107.3% in the fourth quarter. Optiver Holding B.V. now owns 427 shares of the insurance provider's stock worth $25,000 after buying an additional 221 shares during the last quarter. Whipplewood Advisors LLC acquired a new stake in shares of W. R. Berkley during the fourth quarter worth $35,000. Mpwm Advisory Solutions LLC acquired a new position in shares of W. R. Berkley in the 4th quarter valued at $37,000. Catalyst Capital Advisors LLC purchased a new position in W. R. Berkley in the 4th quarter worth about $42,000. Finally, Colonial Trust Co SC lifted its stake in 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 in the last quarter. 68.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wall Street Zen downgraded shares of W. R. Berkley from a "buy" rating to a "hold" rating in a research report on Wednesday, May 21st. Truist Financial raised their target price on W. R. Berkley from $68.00 to $80.00 and gave the stock a "buy" rating in a research report on Thursday, April 3rd. Wells Fargo & Company upped their price target on W. R. Berkley from $69.00 to $70.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 22nd. The Goldman Sachs Group downgraded shares of W. R. Berkley from a "strong-buy" rating to a "hold" rating and raised their price target for the company from $74.00 to $76.00 in a report on Thursday, May 22nd. Finally, Jefferies Financial Group upped their price objective on shares of W. R. Berkley from $57.00 to $66.00 and gave the stock a "hold" rating in a report on Friday, April 11th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $70.64.

W. R. Berkley Stock Performance

NYSE WRB traded up $0.36 during midday trading on Friday, hitting $74.23. The company had a trading volume of 915,965 shares, compared to its average volume of 1,764,625. The firm has a fifty day simple moving average of $71.08 and a two-hundred day simple moving average of $64.64. The stock has a market cap of $28.16 billion, a price-to-earnings ratio of 17.01, a P/E/G ratio of 1.56 and a beta of 0.42. The company has a quick ratio of 0.36, a current ratio of 0.36 and a debt-to-equity ratio of 0.34. W. R. Berkley Co. has a fifty-two week low of $51.17 and a fifty-two week high of $76.38.

W. R. Berkley (NYSE:WRB - Get Free Report) last announced its quarterly earnings data on Monday, April 21st. The insurance provider reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.08 by ($0.07). The firm had revenue of $3.01 billion during the quarter, compared to the consensus estimate of $3.01 billion. W. R. Berkley had a return on equity of 20.83% and a net margin of 12.88%. Equities analysts forecast that W. R. Berkley Co. will post 4.33 earnings per share for the current fiscal year.

W. R. Berkley Company 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.