Aptus Capital Advisors LLC Has $289,000 Holdings in W. R. Berkley Co. (NYSE:WRB)

Aptus Capital Advisors LLC decreased its holdings in W. R. Berkley Co. (NYSE:WRBFree Report) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,559 shares of the insurance provider’s stock after selling 149 shares during the quarter. Aptus Capital Advisors LLC’s holdings in W. R. Berkley were worth $289,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its position in W. R. Berkley by 4.2% in the 3rd quarter. Principal Financial Group Inc. now owns 243,652 shares of the insurance provider’s stock valued at $15,469,000 after acquiring an additional 9,792 shares in the last quarter. Atria Investments Inc lifted its position in W. R. Berkley by 21.5% in the 3rd quarter. Atria Investments Inc now owns 43,321 shares of the insurance provider’s stock valued at $2,750,000 after acquiring an additional 7,656 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in shares of W. R. Berkley by 0.3% during the 2nd quarter. Asset Management One Co. Ltd. now owns 94,643 shares of the insurance provider’s stock worth $5,637,000 after buying an additional 255 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of W. R. Berkley by 2.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 19,454 shares of the insurance provider’s stock worth $1,235,000 after buying an additional 459 shares in the last quarter. Finally, Agate Pass Investment Management LLC lifted its position in shares of W. R. Berkley by 2.5% during the 2nd quarter. Agate Pass Investment Management LLC now owns 27,731 shares of the insurance provider’s stock worth $1,652,000 after buying an additional 678 shares in the last quarter. Institutional investors own 66.34% of the company’s stock.

W. R. Berkley Stock Up 0.8 %

W. R. Berkley stock opened at $80.48 on Monday. W. R. Berkley Co. has a 1-year low of $55.50 and a 1-year high of $85.01. The firm has a market capitalization of $20.75 billion, a price-to-earnings ratio of 15.91, a P/E/G ratio of 1.50 and a beta of 0.58. The company has a current ratio of 0.39, a quick ratio of 0.39 and a debt-to-equity ratio of 0.41. The firm has a 50 day simple moving average of $74.45 and a 200 day simple moving average of $68.27.

W. R. Berkley (NYSE:WRBGet Free Report) last released its quarterly earnings data on Wednesday, January 24th. The insurance provider reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.35 by $0.10. W. R. Berkley had a net margin of 11.38% and a return on equity of 19.40%. The business had revenue of $3.22 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the business earned $1.16 EPS. W. R. Berkley’s revenue was up 6.9% compared to the same quarter last year. On average, analysts predict that W. R. Berkley Co. will post 5.94 earnings per share for the current year.

W. R. Berkley Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Investors of record on Monday, December 18th were paid a $0.11 dividend. The ex-dividend date was Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a yield of 0.55%. W. R. Berkley’s dividend payout ratio is 8.70%.

Analysts Set New Price Targets

WRB has been the topic of several recent analyst reports. Royal Bank of Canada lifted their target price on shares of W. R. Berkley from $73.00 to $79.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 25th. Evercore ISI reissued an “in-line” rating and set a $79.00 target price (up previously from $69.00) on shares of W. R. Berkley in a research report on Tuesday, January 9th. UBS Group lifted their target price on shares of W. R. Berkley from $81.00 to $93.00 and gave the stock a “buy” rating in a research report on Tuesday, January 30th. Wells Fargo & Company lifted their target price on shares of W. R. Berkley from $84.00 to $92.00 and gave the stock an “overweight” rating in a research report on Thursday, January 25th. Finally, Truist Financial lifted their target price on shares of W. R. Berkley from $83.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, W. R. Berkley presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.56.

Get Our Latest Stock Analysis on W. R. Berkley

W. R. Berkley Company Profile

(Free Report)

W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines.

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Institutional Ownership by Quarter for W. R. Berkley (NYSE:WRB)

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