V Square Quantitative Management LLC Raises Stake in Arch Capital Group Ltd. (NASDAQ:ACGL)

V Square Quantitative Management LLC raised its position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 2.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,496 shares of the insurance provider’s stock after purchasing an additional 227 shares during the quarter. V Square Quantitative Management LLC’s holdings in Arch Capital Group were worth $785,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ACGL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings 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 valued at $341,652,000 after buying an additional 2,168,897 shares during the last quarter. Swedbank AB boosted its position in shares of Arch Capital Group by 268.8% during the fourth quarter. Swedbank AB now owns 1,261,957 shares of the insurance provider’s stock worth $116,542,000 after acquiring an additional 919,793 shares during the last quarter. Erste Asset Management GmbH bought a new position in shares of Arch Capital Group during the third quarter worth $82,748,000. National Pension Service bought a new position in shares of Arch Capital Group during the third quarter worth $64,271,000. Finally, International Assets Investment Management LLC lifted its position in Arch Capital Group by 18,634.1% during the third 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. 89.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on ACGL shares. Bank of America reduced their target price on shares of Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. Keefe, Bruyette & Woods reduced 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 note on Thursday. JPMorgan Chase & Co. dropped their target price on shares of Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating on the stock in a report on Friday, January 3rd. JMP Securities restated a “market outperform” rating and issued a $125.00 price target on shares of Arch Capital Group in a report on Tuesday. Finally, StockNews.com cut shares of Arch Capital Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $116.53.

Arch Capital Group Trading Down 2.2 %

NASDAQ:ACGL opened at $88.20 on Friday. Arch Capital Group Ltd. has a 1 year low of $83.97 and a 1 year high of $116.47. The stock has a market capitalization of $33.18 billion, a price-to-earnings ratio of 5.92, a PEG ratio of 1.53 and a beta of 0.64. The stock has a fifty day moving average price of $92.53 and a two-hundred day moving average price of $100.93. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.58 and a current ratio of 0.58.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share (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 period last year, the business posted $2.45 EPS. As a group, sell-side analysts anticipate that Arch Capital Group Ltd. will post 8.86 earnings per share for the current fiscal year.

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.