Comerica Bank lifted its stake in shares of W. R. Berkley Corp (NYSE:WRB) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 76,496 shares of the insurance provider’s stock after purchasing an additional 942 shares during the period. Comerica Bank’s holdings in W. R. Berkley were worth $5,492,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of WRB. Atlanta Capital Management Co. L L C lifted its position in shares of W. R. Berkley by 19.3% during the third quarter. Atlanta Capital Management Co. L L C now owns 4,252,727 shares of the insurance provider’s stock worth $283,827,000 after purchasing an additional 687,849 shares during the last quarter. Victory Capital Management Inc. lifted its position in shares of W. R. Berkley by 24.0% during the fourth quarter. Victory Capital Management Inc. now owns 3,544,591 shares of the insurance provider’s stock worth $253,969,000 after purchasing an additional 685,045 shares during the last quarter. Monarch Partners Asset Management LLC bought a new position in shares of W. R. Berkley during the third quarter worth about $12,288,000. First Eagle Investment Management LLC lifted its position in shares of W. R. Berkley by 2.6% during the third quarter. First Eagle Investment Management LLC now owns 6,939,857 shares of the insurance provider’s stock worth $463,166,000 after purchasing an additional 176,869 shares during the last quarter. Finally, WINTON GROUP Ltd lifted its position in shares of W. R. Berkley by 832.2% during the third quarter. WINTON GROUP Ltd now owns 119,990 shares of the insurance provider’s stock worth $8,008,000 after purchasing an additional 107,118 shares during the last quarter. 70.81% of the stock is currently owned by institutional investors and hedge funds.

W. R. Berkley Corp (NYSE WRB) opened at $68.02 on Tuesday. The company has a quick ratio of 0.34, a current 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 $74.43. The stock has a market cap of $8,280.00, a PE ratio of 15.93, a price-to-earnings-growth ratio of 2.10 and a beta of 0.84.

WRB has been the topic of several research analyst reports. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $69.00 price target on shares of W. R. Berkley in a research report on Friday, November 17th. Deutsche Bank increased their price target on shares of W. R. Berkley from $65.00 to $66.00 and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Zacks Investment Research raised shares of W. R. Berkley from a “sell” rating to a “hold” rating in a research report on Monday, November 20th. Bank of America increased their price target on shares of W. R. Berkley from $73.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Finally, Boenning Scattergood reissued a “hold” rating on shares of W. R. Berkley in a report on Wednesday, October 25th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $70.38.

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W. R. Berkley Company Profile

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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