Quantbot Technologies LP Boosts Stake in Arch Capital Group Ltd. (NASDAQ:ACGL)

Quantbot Technologies LP raised its position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 11,483.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,368 shares of the insurance provider's stock after purchasing an additional 25,149 shares during the quarter. Quantbot Technologies LP's holdings in Arch Capital Group were worth $2,343,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Oregon Public Employees Retirement Fund boosted its position in shares of Arch Capital Group by 0.3% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 32,147 shares of the insurance provider's stock worth $2,969,000 after acquiring an additional 110 shares during the last quarter. HBK Sorce Advisory LLC boosted its holdings in shares of Arch Capital Group by 5.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 2,373 shares of the insurance provider's stock valued at $219,000 after purchasing an additional 127 shares during the last quarter. Flagship Harbor Advisors LLC grew its position in shares of Arch Capital Group by 5.9% during the fourth quarter. Flagship Harbor Advisors LLC now owns 2,315 shares of the insurance provider's stock valued at $214,000 after purchasing an additional 129 shares in the last quarter. Avidian Wealth Enterprises LLC increased its holdings in shares of Arch Capital Group by 4.5% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 3,083 shares of the insurance provider's stock worth $285,000 after purchasing an additional 132 shares during the last quarter. Finally, Dynasty Wealth Management LLC lifted its position in shares of Arch Capital Group by 2.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 7,106 shares of the insurance provider's stock worth $656,000 after buying an additional 140 shares in the last quarter. Institutional investors own 89.07% of the company's stock.

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Arch Capital Group Trading Up 1.1 %

Shares of NASDAQ:ACGL traded up $1.01 on Thursday, hitting $96.94. 1,585,661 shares of the company's stock were exchanged, compared to its average volume of 1,650,373. The stock has a market capitalization of $36.39 billion, a price-to-earnings ratio of 8.66, a price-to-earnings-growth ratio of 2.31 and a beta of 0.62. Arch Capital Group Ltd. has a 12 month low of $87.42 and a 12 month high of $116.47. 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 business's 50 day simple moving average is $92.15 and its two-hundred day simple moving average is $98.39.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, topping 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 in the prior year, the firm posted $2.45 EPS. Analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ACGL shares. UBS Group cut 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, February 18th. Morgan Stanley decreased 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 note on Friday, February 14th. Keefe, Bruyette & Woods dropped their price objective on shares of Arch Capital Group from $120.00 to $113.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th. Royal Bank of Canada decreased their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 12th. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $125.00 price target on shares of Arch Capital Group in a report on Tuesday, February 11th. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, Arch Capital Group currently has a consensus rating of "Moderate Buy" and an average price target of $117.19.

Insider Activity

In related news, insider Louis T. Petrillo sold 11,600 shares of Arch Capital Group stock in a transaction dated Wednesday, March 5th. The stock was 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 directly owns 140,023 shares in the company, valued at $12,742,093. The trade was a 7.65 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 4.20% of the company's stock.

Arch Capital Group Company 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.