Arch Capital Group Ltd. (NASDAQ:ACGL) Shares Purchased by Xponance Inc.

Xponance Inc. lifted its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,071 shares of the insurance provider's stock after purchasing an additional 3,841 shares during the quarter. Xponance Inc.'s holdings in Arch Capital Group were worth $5,086,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Intech Investment Management LLC boosted its stake in Arch Capital Group by 198.7% in the 4th quarter. Intech Investment Management LLC now owns 529,510 shares of the insurance provider's stock worth $48,900,000 after buying an additional 352,228 shares during the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of Arch Capital Group in the fourth quarter worth approximately $1,484,000. William Blair Investment Management LLC grew its holdings in Arch Capital Group by 33.7% in the fourth quarter. William Blair Investment Management LLC now owns 624,055 shares of the insurance provider's stock valued at $57,631,000 after purchasing an additional 157,197 shares during the period. Curio Wealth LLC acquired a new position in Arch Capital Group during the fourth quarter worth approximately $201,000. Finally, Signaturefd LLC raised its stake in Arch Capital Group by 4.9% during the fourth quarter. Signaturefd LLC now owns 3,096 shares of the insurance provider's stock worth $286,000 after purchasing an additional 144 shares during the period. Hedge funds and other institutional investors own 89.07% of the company's stock.

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Insiders Place Their Bets

In other news, insider Louis T. Petrillo sold 11,600 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $91.00, for a total transaction of $1,055,600.00. Following the transaction, the insider now owns 140,023 shares of the company's stock, valued at approximately $12,742,093. This trade represents a 7.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on ACGL. Keefe, Bruyette & Woods dropped their price objective on Arch Capital Group from $120.00 to $113.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. Barclays dropped their price target on Arch Capital Group from $120.00 to $100.00 and set an "equal weight" rating for the company in a research note on Monday, January 6th. JPMorgan Chase & Co. reduced their price objective on Arch Capital Group from $110.00 to $106.00 and set a "neutral" rating on the stock in a research note on Friday, January 3rd. Morgan Stanley cut 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 report on Friday, February 14th. Finally, Royal Bank of Canada decreased their price objective 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. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Arch Capital Group currently has a consensus rating of "Moderate Buy" and an average target price of $117.19.

Arch Capital Group Stock Up 2.2 %

ACGL traded up $2.03 on Monday, reaching $94.01. The company's stock had a trading volume of 1,726,087 shares, compared to its average volume of 1,656,917. Arch Capital Group Ltd. has a 1 year low of $87.42 and a 1 year high of $116.47. The business's 50 day moving average is $91.99 and its 200 day moving average is $98.65. 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 has a market cap of $35.29 billion, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 2.31 and a beta of 0.62.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share for the quarter, topping 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 quarter in the prior year, the company earned $2.45 earnings per share. 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.