LSV Asset Management continued to hold its position in W.R. Berkley Corp. (NYSE:WRB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,800 shares of the company’s stock at the end of the second quarter. LSV Asset Management’s holdings in W.R. Berkley Corp. were worth $167,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Boston Partners boosted its position in W.R. Berkley Corp. by 2.8% in the second quarter. Boston Partners now owns 4,879,276 shares of the company’s stock worth $292,366,000 after buying an additional 130,800 shares during the last quarter. Aviva PLC boosted its position in W.R. Berkley Corp. by 17.1% in the second quarter. Aviva PLC now owns 59,459 shares of the company’s stock valued at $3,563,000 after buying an additional 8,672 shares in the last quarter. Glenmede Trust Co. NA boosted its position in W.R. Berkley Corp. by 52.2% in the second quarter. Glenmede Trust Co. NA now owns 4,387 shares of the company’s stock valued at $262,000 after buying an additional 1,505 shares in the last quarter. First Trust Advisors LP boosted its position in W.R. Berkley Corp. by 11.1% in the second quarter. First Trust Advisors LP now owns 123,417 shares of the company’s stock valued at $7,395,000 after buying an additional 12,314 shares in the last quarter. Finally, TD Asset Management Inc. boosted its position in W.R. Berkley Corp. by 0.7% in the second quarter. TD Asset Management Inc. now owns 615,364 shares of the company’s stock valued at $36,873,000 after buying an additional 4,300 shares in the last quarter. 71.00% of the stock is owned by hedge funds and other institutional investors.

W.R. Berkley Corp. (NYSE:WRB) traded up 0.63% during mid-day trading on Tuesday, reaching $57.50. The company had a trading volume of 403,034 shares. W.R. Berkley Corp. has a one year low of $47.54 and a one year high of $60.08. The stock has a 50 day moving average price of $58.23 and a 200 day moving average price of $56.77. The company has a market capitalization of $7.06 billion, a P/E ratio of 15.08 and a beta of 0.80.

W.R. Berkley Corp. (NYSE:WRB) last announced its earnings results on Monday, July 25th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.77 by $0.05. The business earned $1.56 billion during the quarter, compared to analyst estimates of $1.96 billion. W.R. Berkley Corp. had a return on equity of 9.53% and a net margin of 6.69%. W.R. Berkley Corp.’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.81 EPS. On average, equities analysts expect that W.R. Berkley Corp. will post $3.41 earnings per share for the current fiscal year.

The business also recently announced a dividend, which will be paid on Wednesday, October 5th. Investors of record on Tuesday, September 20th will be given a dividend of $0.63 per share. This is a positive change from W.R. Berkley Corp.’s previous dividend of $0.12. The ex-dividend date is Friday, September 16th. W.R. Berkley Corp.’s dividend payout ratio (DPR) is currently 13.65%.

Several research firms have recently weighed in on WRB. Compass Point upped their price objective on W.R. Berkley Corp. from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 26th. Zacks Investment Research raised W.R. Berkley Corp. from a “sell” rating to a “hold” rating in a research report on Wednesday, August 31st. Credit Suisse Group AG set a $52.00 price objective on W.R. Berkley Corp. and gave the stock a “sell” rating in a research report on Monday, September 12th. Finally, Royal Bank Of Canada upped their price objective on W.R. Berkley Corp. from $57.00 to $61.00 and gave the stock a “sector perform” rating in a research report on Wednesday, July 13th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. W.R. Berkley Corp. has an average rating of “Hold” and a consensus price target of $56.33.

About W.R. Berkley Corp.

W. R. Berkley Corporation is an insurance holding company. The Company operates in the three segments of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global. Its Insurance-Domestic segment includes commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States.

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