W. R. Berkley (NYSE:WRB) Shares Sold Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of W. R. Berkley Co. (NYSE:WRB). In a filing disclosed on May 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in W. R. Berkley stock on April 7th. 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 $1,001 - $15,000 in shares of Beiersdorf Aktiengesellschaft OTCMKTS: BDRFF on 5/2/2025.
• Purchased $1,001 - $15,000 in shares of Alkami Technology NASDAQ: ALKT on 4/30/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/29/2025.
• Sold $1,001 - $15,000 in shares of DXC Technology NYSE: DXC on 4/29/2025.
• Sold $1,001 - $15,000 in shares of DOW NYSE: DOW on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Zions Bancorporation, National Association NASDAQ: ZION on 4/29/2025.
• Purchased $1,001 - $15,000 in shares of O'Reilly Automotive NASDAQ: ORLY on 4/29/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/29/2025.
• Sold $1,001 - $15,000 in shares of Humana NYSE: HUM on 4/29/2025.

W. R. Berkley Stock Performance

Shares of WRB traded down $0.25 during trading hours on Friday, hitting $72.47. The company's stock had a trading volume of 1,105,887 shares, compared to its average volume of 1,767,299. The company has a market cap of $27.49 billion, a price-to-earnings ratio of 16.61, a PEG ratio of 1.56 and a beta of 0.44. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.36 and a quick ratio of 0.36. The business has a 50 day simple moving average of $67.52 and a two-hundred day simple moving average of $62.68. W. R. Berkley Co. has a 52-week low of $51.17 and a 52-week high of $76.38.

W. R. Berkley (NYSE:WRB - Get Free Report) last posted its quarterly earnings results 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 company 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%. On average, equities 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 firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were given a dividend of $0.08 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 0.44%. W. R. Berkley's dividend payout ratio is presently 7.42%.

Hedge Funds Weigh In On W. R. Berkley

Several institutional investors and hedge funds have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. grew its stake in shares of W. R. Berkley by 1.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,822,617 shares of the insurance provider's stock valued at $129,697,000 after buying an additional 25,782 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new position in shares of W. R. Berkley during the first quarter valued at about $608,000. Corbyn Investment Management Inc. MD grew its stake in shares of W. R. Berkley by 0.9% in the first quarter. Corbyn Investment Management Inc. MD now owns 131,377 shares of the insurance provider's stock worth $9,349,000 after purchasing an additional 1,150 shares during the last quarter. Strategy Asset Managers LLC purchased a new position in shares of W. R. Berkley during the first quarter valued at approximately $387,000. Finally, Wealthspire Advisors LLC lifted its stake in W. R. Berkley by 17.5% in the first quarter. Wealthspire Advisors LLC now owns 7,580 shares of the insurance provider's stock worth $539,000 after acquiring an additional 1,128 shares during the period. Institutional investors own 68.82% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on WRB. UBS Group boosted their price objective on shares of W. R. Berkley from $73.00 to $78.00 and gave the company a "buy" rating in a research note on Monday, April 28th. Jefferies Financial Group upped their price target 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. Truist Financial increased their price objective 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. StockNews.com cut W. R. Berkley from a "buy" rating to a "hold" rating in a research report on Friday, April 11th. Finally, Bank of America reaffirmed a "neutral" rating and issued a $74.00 price target (up previously from $73.00) on shares of W. R. Berkley in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $68.39.

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

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.