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 April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in W. R. Berkley stock on March 17th. 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 $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
• Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
• Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
• Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.

W. R. Berkley Stock Performance

Shares of W. R. Berkley stock traded up $1.36 on Wednesday, hitting $66.68. 1,183,269 shares of the company’s stock were exchanged, compared to its average volume of 1,793,365. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.36 and a current ratio of 0.36. The stock has a market capitalization of $25.29 billion, a PE ratio of 15.28, a PEG ratio of 1.56 and a beta of 0.40. W. R. Berkley Co. has a 1 year low of $50.73 and a 1 year high of $76.38. The company has a 50-day simple moving average of $63.14 and a 200-day simple moving average of $60.71.

W. R. Berkley (NYSE:WRB) last announced its quarterly earnings data on Monday, January 27th. The insurance provider reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.18. W. R. Berkley had a return on equity of 20.83% and a net margin of 12.88%. As a group, equities analysts anticipate that W. R. Berkley Co. will post 4.33 EPS for the current year.

W. R. Berkley Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors 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 annualized dividend and a yield of 0.48%. W. R. Berkley’s dividend payout ratio (DPR) is 7.34%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WRB. StockNews.com cut W. R. Berkley from a “buy” rating to a “hold” rating in a report on Thursday, April 3rd. Keefe, Bruyette & Woods cut their target price on shares of W. R. Berkley from $64.00 to $62.00 and set a “market perform” rating for the company in a report on Wednesday. Barclays upped their price target on shares of W. R. Berkley from $50.00 to $52.00 and gave the company an “underweight” rating in a research note on Tuesday, January 28th. Truist Financial boosted 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. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $63.00 price objective on shares of W. R. Berkley in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $65.13.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in WRB. Pullen Investment Management LLC lifted its holdings in W. R. Berkley by 0.7% in the fourth quarter. Pullen Investment Management LLC now owns 22,954 shares of the insurance provider’s stock valued at $1,343,000 after acquiring an additional 161 shares during the last quarter. Wedmont Private Capital increased its holdings in W. R. Berkley by 2.3% in the fourth quarter. Wedmont Private Capital now owns 8,038 shares of the insurance provider’s stock valued at $456,000 after buying an additional 181 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of W. R. Berkley by 3.7% in the 4th quarter. Smartleaf Asset Management LLC now owns 5,289 shares of the insurance provider’s stock valued at $310,000 after acquiring an additional 188 shares during the last quarter. Optiver Holding B.V. boosted its stake in shares of W. R. Berkley by 107.3% during 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 period. Finally, Exchange Traded Concepts LLC raised its stake in shares of W. R. Berkley by 1.5% during the fourth quarter. Exchange Traded Concepts LLC now owns 15,632 shares of the insurance provider’s stock worth $915,000 after purchasing an additional 235 shares during the last quarter. Hedge funds and other institutional investors own 68.82% of the company’s stock.

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.