Value and
momentum seem to be the leading traits for
W.R. Berkley (NYSE:WRB). The stock has returned a
favorable 95% over the last five years and has experienced a
14% rise in the past 3 months. Despite its perceived
boring nature when compared to tech giants like Nvidia and Apple, major funds are showing a strong inclination for this insurance stock, citing its stability and performance.
Marshall Wace LLP,
Mackenzie Financial Corp,
Brandes Investment Partners LP, and
APG Asset Management N.V. have taken notable positions.
Barclays set the stock as underweight with a $56 target, however, the company believes in its financial prospects, implementing initiatives to improve shareholders' value, including a special dividend and a 3-for-2 stock split.
Earnings for Q2 have surpassed the estimates, helped by solid underwriting, and
Q3 2024 EPS estimates have been improved by analysts. Despite fluctuations in the stock market, WRB has maintained its consistency and keeps outperforming the S&P 500 and the Nasdaq.
WR Berkley Stocks WRB News Analytics from Thu, 28 Jun 2018 15:05:47 GMT to Sat, 05 Oct 2024 22:10:07 GMT -
Rating 6
- Innovation 3
- Information 7
- Rumor 3
