Arch Capital Group (NASDAQ:ACGL) Price Target Lowered to $127.00 at UBS Group

Arch Capital Group (NASDAQ:ACGL - Get Free Report) had its price objective dropped by UBS Group from $131.00 to $127.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a "buy" rating on the insurance provider's stock. UBS Group's price objective would suggest a potential upside of 44.11% from the stock's previous close.

Other research analysts also recently issued research reports about the stock. JMP Securities reissued a "market outperform" rating and set a $125.00 price objective on shares of Arch Capital Group in a report on Tuesday, February 11th. BMO Capital Markets upped their target price on shares of Arch Capital Group from $98.00 to $104.00 and gave the company a "market perform" rating in a research report on Wednesday, November 6th. Wells Fargo & Company decreased their target price on shares of Arch Capital Group from $107.00 to $106.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 12th. Barclays decreased their target price on shares of Arch Capital Group from $120.00 to $100.00 and set an "equal weight" rating on the stock in a research report on Monday, January 6th. Finally, Keefe, Bruyette & Woods decreased their target price on shares of Arch Capital Group from $120.00 to $113.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.19.

Arch Capital Group Price Performance

Arch Capital Group stock traded down $0.92 during mid-day trading on Tuesday, hitting $88.13. The stock had a trading volume of 1,724,179 shares, compared to its average volume of 1,947,416. The firm has a market capitalization of $33.16 billion, a P/E ratio of 7.87, a P/E/G ratio of 2.29 and a beta of 0.64. The company has a current ratio of 0.54, a quick ratio of 0.58 and a debt-to-equity ratio of 0.15. The firm's 50 day moving average is $91.96 and its 200 day moving average is $100.63. Arch Capital Group has a one year low of $84.00 and a one year high of $116.47.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating the consensus estimate of $1.90 by $0.36. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. During the same quarter in the prior year, the firm posted $2.45 earnings per share. On average, sell-side analysts forecast that Arch Capital Group will post 8.54 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Arch Capital Group

Institutional investors have recently modified their holdings of the stock. Quantbot Technologies LP purchased a new position in shares of Arch Capital Group during the third quarter worth approximately $25,000. Cullen Frost Bankers Inc. purchased a new position in shares of Arch Capital Group during the fourth quarter worth approximately $37,000. Ashton Thomas Securities LLC purchased a new position in shares of Arch Capital Group during the third quarter worth approximately $50,000. Golden State Wealth Management LLC purchased a new position in shares of Arch Capital Group during the fourth quarter worth approximately $42,000. Finally, Y.D. More Investments Ltd boosted its stake 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 purchasing an additional 260 shares in the last quarter. 89.07% of the stock is owned by hedge funds and other institutional investors.

About Arch Capital Group

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.