GSA Capital Partners LLP acquired a new stake in shares of W. R. Berkley Corp (NYSE:WRB) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 4,086 shares of the insurance provider’s stock, valued at approximately $273,000.

Other institutional investors also recently bought and sold shares of the company. Berkley W R Corp purchased a new stake in shares of W. R. Berkley during the 3rd quarter valued at $5,454,000. Zurich Insurance Group Ltd FI purchased a new stake in shares of W. R. Berkley during the 2nd quarter valued at $1,478,000. Markel Corp raised its position in shares of W. R. Berkley by 125.0% during the 3rd quarter. Markel Corp now owns 18,000 shares of the insurance provider’s stock valued at $1,201,000 after buying an additional 10,000 shares in the last quarter. Belpointe Asset Management LLC purchased a new stake in shares of W. R. Berkley during the 3rd quarter valued at $1,223,000. Finally, Parametrica Management Ltd raised its position in shares of W. R. Berkley by 80.6% during the 3rd quarter. Parametrica Management Ltd now owns 5,303 shares of the insurance provider’s stock valued at $354,000 after buying an additional 2,367 shares in the last quarter. Hedge funds and other institutional investors own 71.03% of the company’s stock.

W. R. Berkley Corp (NYSE:WRB) opened at $67.95 on Thursday. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 0.45. W. R. Berkley Corp has a twelve month low of $62.00 and a twelve month high of $73.17. The company has a market cap of $8,300.00, a price-to-earnings ratio of 15.99, a P/E/G ratio of 2.21 and a beta of 0.91.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 14th. Investors of record on Thursday, November 30th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 0.82%. The ex-dividend date of this dividend was Wednesday, November 29th. W. R. Berkley’s dividend payout ratio is currently 13.18%.

Several research firms have recently weighed in on WRB. UBS Group raised their price objective on shares of W. R. Berkley from $63.00 to $66.00 and gave the company a “sell” rating in a research report on Wednesday, October 25th. Zacks Investment Research cut shares of W. R. Berkley from a “hold” rating to a “sell” rating in a research report on Thursday, October 12th. Deutsche Bank raised their price objective on shares of W. R. Berkley from $65.00 to $66.00 and gave the company a “hold” rating in a research report on Wednesday, October 25th. Bank of America raised their price objective on shares of W. R. Berkley from $73.00 to $74.00 and gave the company a “neutral” rating in a research report on Wednesday, October 25th. Finally, Boenning Scattergood restated a “hold” rating on shares of W. R. Berkley in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $70.38.

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About W. R. Berkley

W. R. Berkley Corporation is an insurance holding company. It operates through two segments: Insurance and Reinsurance-Global. The Insurance segment consists of its commercial insurance business operations, comprising excess and surplus lines, and admitted lines, throughout the United States, as well as its insurance business operations in the United Kingdom, Continental Europe, South America, Canada, Mexico, Scandinavia, Asia and Australia.

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

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