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flag W. R. Berkley beat earnings forecasts despite a share reduction and a downgrade to "hold."

flag W. R. Berkley Co. (NYSE: WRB) saw a 9.6% reduction in shares held by Corient Private Wealth LLC, now owning 205,028 shares. flag The company exceeded earnings expectations with $1.13 EPS, beating forecasts by $0.18. flag StockNews.com downgraded the stock to a "hold" rating, with a consensus average target price of $64.36. flag W. R. Berkley has a market cap of $24.14 billion and a PE ratio of 14.59.

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