W. R. Berkley (NYSE:WRB) has been downgraded from a 'buy' rating to a 'hold' rating by equities researchers at StockNews.com. Other analysts have also recently issued reports on the company. Evercore ISI raised their target price on W. R. Berkley from $83.00 to $89.00 and gave the company an 'in-line' rating. BMO Capital Markets reduced their price target on shares of W. R. Berkley from $93.00 to $87.00 and set a 'market perform' rating. Keefe, Bruyette & Woods lowered their price objective on shares of W. R. Berkley from $88.00 to $86.00 and set a 'market perform' rating. Truist Financial decreased their target price on shares of W. R. Berkley from $95.00 to $93.00 and set a 'buy' rating. The Goldman Sachs Group cut W. R. Berkley from a 'buy' rating to a 'neutral' rating and decreased their price objective for the stock from $88.00 to $83.00. Six equities research analysts have rated the stock as 'hold' and three have assigned a 'buy' rating to the company. W. R. Berkley currently has a consensus rating of 'Hold' and a consensus price target of $88.88. The stock is set to split on Wednesday, July 10th, with the newly created shares to be issued to shareholders after the market closes on Tuesday, July 9th. W. R. Berkley last released its quarterly earnings data on Tuesday, April 23rd, reporting $1.56 EPS for the quarter, beating analysts' consensus estimates of $1.46 by $0.10. The business had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.77 billion. W. R. Berkley had a return on equity of 20.51% and a net margin of 12.23%. During the same quarter in the prior year, the business posted $1.00 EPS. The company's revenue for the quarter was up 11.0% on a year-over-year basis. Analysts expect that W. R. Berkley will post 5.82 earnings per share for the current year. Large investors have recently added to or reduced their stakes in the business. ING Groep NV lifted its stake in W. R. Berkley by 1.7% in the 4th quarter. ING Groep NV now owns 7,669 shares of the insurance provider's stock valued at $542,000 after buying an additional 128 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of W. R. Berkley by 3.0% during the first quarter. Wedmont Private Capital now owns 4,768 shares of the insurance provider's stock worth $399,000 after buying an additional 137 shares in the last quarter. West Paces Advisors Inc. raised its position in shares of W. R. Berkley by 12.7% in the first quarter. West Paces Advisors Inc. now owns 1,228 shares of the insurance provider's stock valued at $109,000 after buying an additional 138 shares during the last quarter. Quadrant Capital Group LLC grew its stake in W. R. Berkley by 6.8% in the 4th quarter. Quadrant Capital Group LLC now owns 2,250 shares of the insurance provider's stock worth $159,000 after acquiring an additional 144 shares during the period. Finally, Mitchell & Pahl Private Wealth LLC lifted its stake in shares of W. R. Berkley by 1.0% during the 1st quarter. Mitchell & Pahl Private Wealth LLC now owns 14,221 shares of the insurance provider's stock worth $1,258,000 after purchasing an additional 145 shares during the period. 68.82% of the stock is owned by institutional investors and hedge funds. [beb5bc48]
Birkenstock Holding plc (NYSE:BIRK) has earned a consensus rating of 'Moderate Buy' from the nineteen research firms that are presently covering the firm. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $55.29. A number of brokerages have recently commented on BIRK. Robert W. Baird boosted their price objective on shares of Birkenstock from $58.00 to $65.00 and gave the stock an 'outperform' rating in a research report on Friday, May 31st. The Goldman Sachs Group lowered shares of Birkenstock from a 'buy' rating to a 'neutral' rating and boosted their price objective for the stock from $54.20 to $58.00 in a research report on Wednesday, June 12th. JPMorgan Chase & Co. upped their price target on shares of Birkenstock from $56.00 to $64.00 and gave the stock an 'overweight' rating in a research report on Monday, June 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a 'buy' rating and set a $70.00 price target on shares of Birkenstock in a research report on Thursday, June 13th. Finally, Stifel Nicolaus upped their price target on shares of Birkenstock from $54.00 to $63.00 and gave the stock a 'buy' rating in a research report on Friday, May 31st. [b67c4fea]