November 21, 2016 - By Hazel Jackson · 0 Comments
The stock of W R Berkley Corporation (NYSE:WRB) registered an increase of 1.01% in short interest. WRB’s total short interest was 5.08 million shares in November as published by FINRA. Its up 1.01% from 5.03M shares, reported previously. With 408,500 shares average volume, it will take short sellers 12 days to cover their WRB’s short positions. The short interest to W R Berkley Corporation’s float is 5.2%. About 27,982 shares traded hands. W. R. Berkley Corp (NYSE:WRB) has risen 7.05% since April 19, 2016 and is uptrending. It has outperformed by 3.19% the S&P500.
W. R. Berkley Corporation is an insurance holding company. The company has a market cap of $7.50 billion. The Firm operates in the three divisions of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global. It has a 13.86 P/E ratio. The Company’s Insurance-Domestic segment includes commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States.
Out of 5 analysts covering W.R. Berkley (NYSE:WRB), 0 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 0 are positive. W.R. Berkley has been the topic of 7 analyst reports since July 28, 2015 according to StockzIntelligence Inc. As per Wednesday, February 3, the company rating was maintained by RBC Capital Markets. The rating was maintained by Compass Point on Tuesday, October 13 with “Neutral”. As per Tuesday, November 15, the company rating was downgraded by Goldman Sachs. On Thursday, January 21 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, July 28 report. The stock of W. R. Berkley Corp (NYSE:WRB) has “Neutral” rating given on Tuesday, July 28 by Compass Point.
W. R. Berkley Corporation, incorporated on January 20, 1970, is an insurance holding company. The Firm operates in the three divisions of the property casualty insurance business: Insurance-Domestic, Insurance-International and Reinsurance-Global. The Company’s Insurance-Domestic segment includes commercial insurance business, including excess and surplus lines and admitted lines, primarily throughout the United States. The Company’s Insurance-International segment includes insurance business primarily in the United Kingdom, Continental Europe, South America, Canada, Scandinavia, Asia, and Australia. The Company’s Reinsurance-Global segment includes reinsurance business on a facultative and treaty basis, primarily in the United States, the United Kingdom, Continental Europe, Australia, the Asia-Pacific Region and South Africa.
More notable recent W. R. Berkley Corp (NYSE:WRB) news were published by: Businesswire.com which released: “W. R. Berkley Corporation Forms Berkley Cyber Risk Solutions” on November 17, 2016, also Prnewswire.com with their article: “W. R. Berkley Corporation Names Jared E. Abbey Senior Vice President” published on June 16, 2016, Prnewswire.com published: “W. R. Berkley Corporation Announces Sale Of Wholly-Owned Investment” on July 18, 2016. More interesting news about W. R. Berkley Corp (NYSE:WRB) were released by: Businesswire.com and their article: “WR Berkley Corporation Forms Berkley Transactional” published on September 06, 2016 as well as Businesswire.com‘s news article titled: “W. R. Berkley Corporation Appoints James P. Bronner Senior Vice President” with publication date: December 01, 2015.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.
By Hazel Jackson