DRW Securities LLC Has $228,000 Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

DRW Securities LLC decreased its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 89.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,467 shares of the insurance provider's stock after selling 20,643 shares during the period. DRW Securities LLC's holdings in Arch Capital Group were worth $228,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new position in shares of Arch Capital Group in the 4th quarter worth approximately $37,000. Golden State Wealth Management LLC acquired a new position in Arch Capital Group during the fourth quarter worth $42,000. Y.D. More Investments Ltd lifted its holdings in shares of Arch Capital Group by 125.6% during the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider's stock valued at $43,000 after acquiring an additional 260 shares during the period. UMB Bank n.a. boosted its stake in shares of Arch Capital Group by 97.0% in the 4th quarter. UMB Bank n.a. now owns 841 shares of the insurance provider's stock valued at $78,000 after purchasing an additional 414 shares in the last quarter. Finally, Larson Financial Group LLC grew its holdings in shares of Arch Capital Group by 47.0% in the 4th quarter. Larson Financial Group LLC now owns 910 shares of the insurance provider's stock worth $84,000 after purchasing an additional 291 shares during the last quarter. 89.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

ACGL has been the topic of a number of recent analyst reports. Morgan Stanley reduced their price target on shares of Arch Capital Group from $115.00 to $110.00 and set an "overweight" rating on the stock in a research report on Friday, February 14th. Wells Fargo & Company reduced their target price on Arch Capital Group from $107.00 to $106.00 and set an "overweight" rating on the stock in a report on Wednesday, February 12th. Royal Bank of Canada cut their price objective on Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating for the company in a research report on Wednesday, February 12th. JMP Securities restated a "market outperform" rating and set a $125.00 target price on shares of Arch Capital Group in a report on Tuesday, February 11th. Finally, Barclays cut their price target on Arch Capital Group from $100.00 to $93.00 and set an "equal weight" rating for the company in a report on Friday. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $114.88.

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Insider Activity

In other Arch Capital Group news, insider Louis T. Petrillo sold 11,600 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $91.00, for a total value of $1,055,600.00. Following the completion of the sale, the insider now owns 140,023 shares of the company's stock, valued at approximately $12,742,093. This represents a 7.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 4.20% of the stock is currently owned by company insiders.

Arch Capital Group Trading Down 0.4 %

ACGL stock traded down $0.41 during midday trading on Tuesday, reaching $92.46. The company's stock had a trading volume of 1,258,511 shares, compared to its average volume of 1,735,557. The business's 50-day simple moving average is $91.52 and its 200-day simple moving average is $96.26. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15. Arch Capital Group Ltd. has a 52 week low of $82.49 and a 52 week high of $116.47. The stock has a market cap of $34.74 billion, a PE ratio of 8.26, a price-to-earnings-growth ratio of 2.31 and a beta of 0.36.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, topping analysts' consensus estimates of $1.90 by $0.36. Arch Capital Group had a return on equity of 17.96% and a net margin of 24.73%. During the same quarter in the previous year, the firm earned $2.45 earnings per share. As a group, sell-side analysts expect that Arch Capital Group Ltd. will post 8.42 EPS for the current year.

Arch Capital Group Profile

Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; directors' and officers' liability, errors and omissions liability, employment practices and fiduciary liability, crime, professional indemnity, and other financial related coverages; medical professional and general liability insurance coverages; and workers' compensation and umbrella liability, as well as commercial automobile and inland marine products.