Madison Investment Advisors LLC Invests $410.01 Million in Arch Capital Group Ltd. (NASDAQ:ACGL)

Madison Investment Advisors LLC bought a new position in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,439,745 shares of the insurance provider's stock, valued at approximately $410,010,000. Arch Capital Group comprises approximately 4.6% of Madison Investment Advisors LLC's portfolio, making the stock its largest position. Madison Investment Advisors LLC owned approximately 1.18% of Arch Capital Group as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ACGL. Quantbot Technologies LP purchased a new stake in Arch Capital Group during the third quarter valued at about $25,000. Cullen Frost Bankers Inc. purchased a new position in Arch Capital Group in the fourth quarter valued at about $37,000. Golden State Wealth Management LLC purchased a new position in Arch Capital Group in the fourth quarter valued at about $42,000. Y.D. More Investments Ltd lifted 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 worth $43,000 after purchasing an additional 260 shares in the last quarter. Finally, UMB Bank n.a. grew its stake in shares of Arch Capital Group by 97.0% in the fourth quarter. UMB Bank n.a. now owns 841 shares of the insurance provider's stock valued at $78,000 after buying an additional 414 shares in the last quarter. Institutional investors and hedge funds own 89.07% of the company's stock.

Wall Street Analyst Weigh In

ACGL has been the subject of a number of analyst reports. Morgan Stanley decreased 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 research report on Friday, February 14th. UBS Group reduced their target price on Arch Capital Group from $131.00 to $127.00 and set a "buy" rating on the stock in a report on Tuesday, February 18th. Wells Fargo & Company lowered their price target on Arch Capital Group from $107.00 to $106.00 and set an "overweight" rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. decreased their price objective on shares of 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, Barclays dropped 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 report on Monday, January 6th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, Arch Capital Group has an average rating of "Moderate Buy" and an average target price of $117.19.

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Insider Buying and Selling at Arch Capital Group

In other Arch Capital Group news, insider Louis T. Petrillo sold 11,600 shares of the business's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $91.00, for a total transaction of $1,055,600.00. Following the completion of the transaction, the insider now owns 140,023 shares of the company's stock, valued at approximately $12,742,093. The trade was a 7.65 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 4.20% of the company's stock.

Arch Capital Group Trading Up 1.4 %

ACGL traded up $1.35 during mid-day trading on Wednesday, hitting $95.93. The stock had a trading volume of 1,321,663 shares, compared to its average volume of 1,651,740. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.54 and a quick ratio of 0.58. The stock's fifty day simple moving average is $92.10 and its 200-day simple moving average is $98.41. Arch Capital Group Ltd. has a 1-year low of $87.42 and a 1-year high of $116.47. The firm has a market capitalization of $36.01 billion, a price-to-earnings ratio of 8.57, a price-to-earnings-growth ratio of 2.31 and a beta of 0.62.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last issued its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share (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 period last year, the company posted $2.45 EPS. As a group, research analysts forecast that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

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.