W.R. Berkley Corp. encountered underperformance on Thursday compared to its competitors. Yet, major investment companies including Mirae Asset Global, Stephens Inc. AR, and Diversify Advisory Services LLC have increased their holdings. WRB has been identified as a strong value and momentum stock. It also reported strong Q3 earnings which have caused CFRA to raise its stock price target while maintaining a 'Buy' rating. WRB's shares have also been tagged as a better value option against CCCS by investors. Analysts upgraded the stock causing a 4.7% drop in its stock price. However, this drop did not impact its consistent performance. W.R. Berkley Corporation reported a special cash dividend of 25cents boosting shareholders' value. The rally in the stock's performance caused a 14% increase in three months. The firm also declared regular quarterly cash dividends and earnings results where it beat estimates by $0.01 EPS. It is now perceived as a great stock for long-term momentum which could be a reason for its rising market performance.
WR Berkley Stocks WRB News Analytics from Thu, 28 Jun 2018 15:05:47 GMT to Sat, 02 Nov 2024 07:54:56 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor -4
