W. R. Berkley (WRB) News Today

W. R. Berkley (NYSE:WRB) Shares Gap Up on Strong Earnings

Truist Financial increased their price objective on shares of W. R. Berkley from $62.00 to $64.00 and gave the company a "buy" rating in a research report on Tuesday.

Royal Bank of Canada reiterated a "sector perform" rating and set a $57.00 price target on shares of W. R. Berkley in a research note on Tuesday.

Wells Fargo & Company cut their price target on shares of W. R. Berkley from $62.00 to $59.00 and set an "overweight" rating on the stock in a research note on Tuesday.

W. R. Berkley (NYSE:WRB - Get Free Report) issued its earnings results on Monday. The insurance provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.12. The firm had revenue of $3.31 billion for the quarter, compared to analysts' expectations of $2.84 billion. W. R. Berkley had a net margin of 12.23% and a return on equity of 20.51%. The firm's revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.14 earnings per share.

W. R. Berkley Co. (NYSE:WRB - Free Report) - Research analysts at Zacks Research cut their Q2 2024 earnings per share estimates for W. R. Berkley in a research report issued to clients and investors on Friday, July 12th. Zacks Research analyst T. De now anticipates that the insurance provider wil

W. R. Berkley (NYSE:WRB) Shares Gap Down to $79.63

W. R. Berkley (NYSE:WRB) Sets New 12-Month High at $79.22

W. R. Berkley Co. (NYSE:WRB - Get Free Report) has earned an average rating of "Hold" from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The

Royal Bank of Canada reiterated a "sector perform" rating and issued a $86.00 price objective on shares of W. R. Berkley in a report on Monday.

W. R. Berkley (NYSE:WRB) Stock Price Passes Above Two Hundred Day Moving Average of $79.41

StockNews.com downgraded W. R. Berkley from a "buy" rating to a "hold" rating in a research report on Friday.

W. R. Berkley Co. (NYSE:WRB) announced a quarterly dividend on Thursday, June 13th. Investors of record on Monday, June 24th will be paid a dividend of 0.12 per share by the insurance provider on Friday, June 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Monday, June 24th. This is a boost from W. R. Berkley's previous quarterly dividend of $0.11.

State of Tennessee Treasury Department lessened its holdings in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 212,669 shares of the insu

Northern Trust Corp raised its holdings in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,041,442 shares of the insurance provider's stock af

Capital Fund Management S.A. raised its stake in W. R. Berkley Co. (NYSE:WRB - Free Report) by 43.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 173,171 shares of the insurance provider's stock after purchasing an

Cibc World Markets Corp raised its stake in W. R. Berkley Co. (NYSE:WRB - Free Report) by 44.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,313 shares of the insurance provider's stock after buying an additional 14,63

Shares of W. R. Berkley Co. (NYSE:WRB - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and four have assigned a buy

Royal London Asset Management Ltd. reduced its position in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 151,257 shares of the insurance provider's stock afte

BloombergSen Inc. decreased its holdings in W. R. Berkley Co. (NYSE:WRB - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 536,597 shares of the insurance provider's stock after selling 10,123 shares duri

1832 Asset Management L.P. reduced its position in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,949,102 shares of the insurance provider's stock after

The Manufacturers Life Insurance Company increased its holdings in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) by 89.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,904,555 shares of the insurance provider's stock aft

Maren Capital LLC acquired a new position in shares of W. R. Berkley Co. (NYSE:WRB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 536,134 shares of the insurance provider

TD Asset Management Inc lifted its stake in W. R. Berkley Co. (NYSE:WRB - Free Report) by 23.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 345,777 shares of the insurance provider's stock after p

Madison Asset Management LLC lifted its stake in W. R. Berkley Co. (NYSE:WRB - Free Report) by 2.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 768,850 shares of the insurance provider's stock after buying an additional 21,521 shar

Otter Creek Advisors LLC purchased a new stake in W. R. Berkley Co. (NYSE:WRB - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 11,348 shares of the insurance provider's stock, valued at approximately $802,000. A number of other hedge f

Hsbc Holdings PLC raised its holdings in W. R. Berkley Co. (NYSE:WRB - Free Report) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 964,311 shares of the insurance provider's stock after acquiring an additional 19,16

Intech Investment Management LLC lessened its holdings in W. R. Berkley Co. (NYSE:WRB - Free Report) by 27.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,865 shares of the insurance provider's stock after selling 32,49

Corient Private Wealth LLC lifted its holdings in W. R. Berkley Co. (NYSE:WRB - Free Report) by 249.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 386,933 shares of the insurance p

IMC Chicago LLC purchased a new position in W. R. Berkley Co. (NYSE:WRB - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 14,433 shares of the insurance provider's stock, valued at approximately $1,021,000. Other hedge funds and other in