Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of W.R. Berkley Corporation (NYSE:WRB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in W.R. Berkley stock on May 7th. 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 $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
W.R. Berkley Stock Up 1.4%
W.R. Berkley stock opened at $68.16 on Thursday. The firm has a market cap of $25.38 billion, a price-to-earnings ratio of 14.44, a P/E/G ratio of 3.18 and a beta of 0.30. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.36 and a quick ratio of 0.36. W.R. Berkley Corporation has a fifty-two week low of $62.87 and a fifty-two week high of $78.96. The firm has a fifty day moving average price of $66.52 and a two-hundred day moving average price of $68.60.
W.R. Berkley Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Shareholders of record on Tuesday, June 23rd will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Tuesday, June 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 0.6%. This is a positive change from W.R. Berkley’s previous quarterly dividend of $0.09. W.R. Berkley’s dividend payout ratio (DPR) is presently 8.47%.
Institutional Trading of W.R. Berkley
Several hedge funds have recently modified their holdings of the company. Johnson Financial Group Inc. increased its holdings in shares of W.R. Berkley by 22.3% during the third quarter. Johnson Financial Group Inc. now owns 756 shares of the insurance provider’s stock worth $58,000 after buying an additional 138 shares in the last quarter. Maridea Wealth Management LLC increased its holdings in shares of W.R. Berkley by 2.0% during the third quarter. Maridea Wealth Management LLC now owns 7,180 shares of the insurance provider’s stock worth $528,000 after buying an additional 141 shares in the last quarter. Inspire Advisors LLC increased its holdings in shares of W.R. Berkley by 1.0% during the fourth quarter. Inspire Advisors LLC now owns 14,364 shares of the insurance provider’s stock worth $1,007,000 after buying an additional 144 shares in the last quarter. Allworth Financial LP increased its holdings in shares of W.R. Berkley by 4.8% during the third quarter. Allworth Financial LP now owns 3,328 shares of the insurance provider’s stock worth $255,000 after buying an additional 153 shares in the last quarter. Finally, Coastal Bridge Advisors LLC increased its holdings in shares of W.R. Berkley by 1.5% during the fourth quarter. Coastal Bridge Advisors LLC now owns 10,277 shares of the insurance provider’s stock worth $721,000 after buying an additional 154 shares in the last quarter. Institutional investors and hedge funds own 68.82% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on WRB. Brean Capital lowered shares of W.R. Berkley from a “buy” rating to a “neutral” rating and set a $73.00 target price for the company. in a research report on Wednesday, March 25th. Cantor Fitzgerald lowered shares of W.R. Berkley from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $75.00 to $71.00 in a research report on Thursday, April 9th. Argus lowered shares of W.R. Berkley from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Bank of America cut their price objective on shares of W.R. Berkley from $68.00 to $67.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Finally, Evercore reaffirmed an “underperform” rating on shares of W.R. Berkley in a research report on Monday, March 9th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $68.44.
Read Our Latest Stock Analysis on WRB
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 (NYSE: WRB) is a publicly traded insurance holding company that underwrites and sells commercial property and casualty insurance, specialty insurance products, and reinsurance. Headquartered in Greenwich, Connecticut, the company operates a portfolio of underwriting businesses that focus on niche and specialty commercial risks, offering coverage tailored to industries such as transportation, construction, professional services and other commercial lines.
The company’s product mix includes primary and excess casualty, property, professional liability, environmental and other specialty lines, together with treaty and facultative reinsurance solutions.
Read More
- Five stocks we like better than W.R. Berkley
- The “Duck Stock” Keeps Quietly Making Money for Shareholders
- As Shares Fall, Analyst Are Boosting their Broadcom Price Targets
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
Receive News & Ratings for W.R. Berkley Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for W.R. Berkley and related companies with MarketBeat.com's FREE daily email newsletter.
