Arcus Capital Partners LLC Makes New Investment in Arch Capital Group Ltd. (NASDAQ:ACGL)

Arcus Capital Partners LLC bought a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,296 shares of the insurance provider's stock, valued at approximately $305,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Arch Capital Group by 245.1% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,053,739 shares of the insurance provider's stock worth $341,652,000 after acquiring an additional 2,168,897 shares in the last quarter. Swedbank AB grew its holdings in shares of Arch Capital Group by 268.8% in the 4th quarter. Swedbank AB now owns 1,261,957 shares of the insurance provider's stock worth $116,542,000 after purchasing an additional 919,793 shares during the last quarter. Erste Asset Management GmbH acquired a new stake in shares of Arch Capital Group during the 3rd quarter worth about $82,748,000. National Pension Service bought a new position in Arch Capital Group during the 3rd quarter valued at about $64,271,000. Finally, International Assets Investment Management LLC lifted its holdings in Arch Capital Group by 18,634.1% during the 3rd quarter. International Assets Investment Management LLC now owns 551,345 shares of the insurance provider's stock valued at $616,840,000 after purchasing an additional 548,402 shares during the last quarter. Institutional investors own 89.07% of the company's stock.

Arch Capital Group Trading Up 0.1 %

Shares of NASDAQ ACGL traded up $0.13 during midday trading on Tuesday, hitting $88.33. The stock had a trading volume of 1,616,286 shares, compared to its average volume of 1,962,561. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.58 and a quick ratio of 0.58. Arch Capital Group Ltd. has a fifty-two week low of $83.97 and a fifty-two week high of $116.47. The company's 50-day simple moving average is $92.27 and its 200 day simple moving average is $100.85. The firm has a market cap of $33.23 billion, a P/E ratio of 5.93, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64.

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 18.94% and a net margin of 33.86%. During the same quarter in the previous year, the firm earned $2.45 earnings per share. Research analysts anticipate that Arch Capital Group Ltd. will post 8.86 EPS for the current year.

Analyst Ratings Changes

ACGL has been the subject of several recent analyst reports. Morgan Stanley dropped their price objective on shares of Arch Capital Group from $115.00 to $110.00 and set an "overweight" rating for the company in a report on Friday. BMO Capital Markets raised their price target on Arch Capital Group from $98.00 to $104.00 and gave the company a "market perform" rating in a report on Wednesday, November 6th. UBS Group dropped their price target on Arch Capital Group from $131.00 to $127.00 and set a "buy" rating for the company in a report on Tuesday. JPMorgan Chase & Co. dropped their price target on Arch Capital Group from $110.00 to $106.00 and set a "neutral" rating for the company in a report on Friday, January 3rd. Finally, StockNews.com cut Arch Capital Group from a "buy" rating to a "hold" rating in a report on Thursday, October 24th. 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.com, Arch Capital Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $117.19.

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.