Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of W. R. Berkley Co. (NYSE:WRB)

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 14th. 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 $0.09 during trading hours on Tuesday, hitting $72.11. The company's stock had a trading volume of 311,545 shares, compared to its average volume of 1,763,109. The company has a market cap of $27.36 billion, a price-to-earnings ratio of 16.53, 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 $67.71 and a two-hundred day simple moving average of $62.83. 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 earnings results on Monday, April 21st. The insurance provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.08 by ($0.07). The business had revenue of $3.01 billion during the quarter, compared to analysts' expectations 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Monday, March 3rd were issued 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 (DPR) is presently 7.42%.

Institutional Investors Weigh In On W. R. Berkley

Several institutional 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 4th 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 purchased a new stake in shares of W. R. Berkley in the 1st quarter worth about $29,000. Garde Capital Inc. purchased a new stake in shares of W. R. Berkley in the 1st quarter worth about $30,000. Whipplewood Advisors LLC purchased a new position in W. R. Berkley during the 4th quarter valued at about $35,000. Finally, N.E.W. Advisory Services LLC purchased a new position in W. R. Berkley during the 1st quarter valued at about $36,000. Hedge funds and other institutional investors own 68.82% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Jefferies Financial Group boosted their price objective on shares of W. R. Berkley from $57.00 to $66.00 and gave the company a "hold" rating in a research note on Friday, April 11th. Wells Fargo & Company upped their target price on shares of W. R. Berkley from $69.00 to $70.00 and gave the stock an "equal weight" rating in a report on Tuesday, April 22nd. Keefe, Bruyette & Woods upped their target price on shares of W. R. Berkley from $62.00 to $65.00 and gave the stock a "market perform" rating in a report on Tuesday, April 22nd. Barclays upped their target price on shares of W. R. Berkley from $52.00 to $62.00 and gave the stock an "underweight" rating in a report on Friday, April 11th. Finally, Truist Financial upped their target price on shares of W. R. Berkley from $68.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target 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.