W. R. Berkley (NYSE:WRB) Shares Unloaded 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 Up 0.0%

Shares of NYSE WRB traded up $0.02 during trading on Tuesday, hitting $72.22. The stock had a trading volume of 166,615 shares, compared to its average volume of 1,762,598. 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 company has a market capitalization of $27.40 billion, a PE ratio of 16.55, a PEG ratio of 1.56 and a beta of 0.44. W. R. Berkley Co. has a 12 month low of $51.17 and a 12 month high of $76.38. The firm has a fifty day moving average of $67.71 and a two-hundred day moving average of $62.83.

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

W. R. Berkley Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.44%. The ex-dividend date of this dividend was Monday, March 3rd. W. R. Berkley's dividend payout ratio is currently 7.42%.

Institutional Investors Weigh In On W. R. Berkley

A number of large investors have recently added to or reduced their stakes in WRB. Optiver Holding B.V. boosted its position in W. R. Berkley by 107.3% during the fourth quarter. Optiver Holding B.V. now owns 427 shares of the insurance provider's stock valued at $25,000 after buying an additional 221 shares during the period. Spectrum Wealth Counsel LLC bought a new position in W. R. Berkley in the 1st quarter worth $29,000. Garde Capital Inc. bought a new stake in W. R. Berkley during the 1st quarter valued at approximately $30,000. Whipplewood Advisors LLC bought a new stake in shares of W. R. Berkley during the fourth quarter valued at approximately $35,000. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of W. R. Berkley during the 1st quarter valued at $36,000. Hedge funds and other institutional investors own 68.82% of the company's stock.

Analysts Set New Price Targets

WRB has been the subject of several recent research reports. Bank of America reiterated a "neutral" rating and issued a $74.00 target price (up previously from $73.00) on shares of W. R. Berkley in a research note on Tuesday, April 1st. Royal Bank of Canada restated a "sector perform" rating and set a $63.00 target price on shares of W. R. Berkley in a research report on Tuesday, January 28th. Keefe, Bruyette & Woods lifted their price target on W. R. Berkley from $62.00 to $65.00 and gave the company a "market perform" rating in a research report on Tuesday, April 22nd. StockNews.com cut W. R. Berkley from a "buy" rating to a "hold" rating in a report on Friday, April 11th. Finally, Truist Financial lifted their target price on W. R. Berkley from $68.00 to $80.00 and gave the company a "buy" rating in a report on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average 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.

About W. R. Berkley

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.