Thompson Siegel & Walmsley LLC Has $8.08 Million Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Thompson Siegel & Walmsley LLC lessened its stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 87,509 shares of the insurance provider's stock after selling 3,422 shares during the quarter. Thompson Siegel & Walmsley LLC's holdings in Arch Capital Group were worth $8,081,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Quantbot Technologies LP acquired a new position in Arch Capital Group during the 3rd quarter worth $25,000. Cullen Frost Bankers Inc. acquired a new position in shares of Arch Capital Group during the 4th quarter worth about $37,000. Ashton Thomas Securities LLC bought a new stake in Arch Capital Group during the 3rd quarter valued at approximately $50,000. Golden State Wealth Management LLC acquired a new stake in Arch Capital Group in the 4th quarter valued at approximately $42,000. Finally, Y.D. More Investments Ltd grew its holdings in Arch Capital Group by 125.6% in the 4th quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider's stock valued at $43,000 after buying an additional 260 shares during the last quarter. Institutional investors and hedge funds own 89.07% of the company's stock.

Arch Capital Group Price Performance

Shares of Arch Capital Group stock traded down $1.98 during mid-day trading on Tuesday, reaching $93.30. 1,481,895 shares of the stock were exchanged, compared to its average volume of 1,655,693. The company has a market cap of $35.02 billion, a price-to-earnings ratio of 8.33, a price-to-earnings-growth ratio of 2.31 and a beta of 0.62. Arch Capital Group Ltd. has a fifty-two week low of $87.42 and a fifty-two week high of $116.47. 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 has a 50-day simple moving average of $91.92 and a 200 day simple moving average of $99.23.

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Arch Capital Group (NASDAQ:ACGL - Get Free Report) last posted its earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 previous year, the company earned $2.45 earnings per share. On average, sell-side analysts predict that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ACGL shares. UBS Group reduced their price objective on Arch Capital Group from $131.00 to $127.00 and set a "buy" rating for the company in a research report on Tuesday, February 18th. Keefe, Bruyette & Woods decreased their price target 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. Morgan Stanley dropped their price objective on shares of Arch Capital Group from $115.00 to $110.00 and set an "overweight" rating on the stock in a report on Friday, February 14th. Royal Bank of Canada reduced their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Finally, Wells Fargo & Company lowered their price target on Arch Capital Group from $107.00 to $106.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Arch Capital Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $117.19.

Insider Buying and Selling at Arch Capital Group

In other Arch Capital Group news, insider Louis T. Petrillo sold 11,600 shares of the firm's stock in a transaction dated 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 in the company, valued at approximately $12,742,093. This trade represents a 7.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 4.20% of the company's stock.

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.