W.R. Berkley Corporation (WRB) has made several significant moves recently. The company has announced a 3-for-2 stock split, and increased dividends to $0.12 per share, in an effort to enhance shareholder value. However, StockNews.com has downgraded the stock to a 'Hold' rating. On the other hand, the value of WRB shares have grown significantly in the last five years, with a whopping 108% increase. Notably, the company also exceeded Q1 earnings expectations. Despite this, Q1 saw a decline in investment funds which led to a fall in the stock’s price. In response, financial firms such as Northern Trust Corp have decided to increase their shares holdings. Meanwhile, the Composite Rating of WRB has improved to 97, indicating it’s a decent growth stock. Despite the varying price estimates from different financial firms, the stock exhibits a strong financial footing, making it a choice value stock for the long term.
WR Berkley Stocks WRB News Analytics from Tue, 16 Jun 2015 16:05:12 GMT to Sat, 15 Jun 2024 22:06:56 GMT -
Rating 2
- Innovation 0
- Information 8
- Rumor -3
