W.R. Berkley
About: W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
Employees: 8,186
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
687% more call options, than puts
Call options by funds: $56.3M | Put options by funds: $7.16M
17% more repeat investments, than reductions
Existing positions increased: 288 | Existing positions reduced: 246
1% less funds holding
Funds holding: 749 [Q1] → 738 (-11) [Q2]
12% less first-time investments, than exits
New positions opened: 84 | Existing positions closed: 95
17% less capital invested
Capital invested by funds: $16.5B [Q1] → $13.8B (-$2.77B) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 15 [Q1] → 10 (-5) [Q2]
83.74% less ownership
Funds ownership: 153.03% [Q1] → 69.29% (-83.74%) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Evercore ISI Group David Motemaden 50% 1-year accuracy 6 / 12 met price target | 3%upside $60 | In-Line Maintained | 22 Oct 2024 |
Truist Securities Mark Hughes 86% 1-year accuracy 42 / 49 met price target | 16%upside $68 | Buy Maintained | 17 Oct 2024 |
UBS Brian Meredith 94% 1-year accuracy 32 / 34 met price target | 15%upside $67 | Buy Maintained | 15 Oct 2024 |
B of A Securities Joshua Shanker 67% 1-year accuracy 31 / 46 met price target | 25%upside $73 | Buy Maintained | 10 Oct 2024 |
Wells Fargo Elyse Greenspan 73% 1-year accuracy 53 / 73 met price target | 8%upside $63 | Overweight Maintained | 10 Oct 2024 |
Financial journalist opinion
Based on 9 articles about WRB published over the past 30 days
