Callan Family Office LLC Makes New $236,000 Investment in Arch Capital Group Ltd. (NASDAQ:ACGL)

Callan Family Office LLC bought a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,557 shares of the insurance provider’s stock, valued at approximately $236,000.

Several other hedge funds also recently bought and sold shares of the stock. Quantbot Technologies LP acquired a new stake in shares of Arch Capital Group during the third quarter worth about $25,000. Cullen Frost Bankers Inc. acquired a new stake in Arch Capital Group in the fourth quarter valued at approximately $37,000. Golden State Wealth Management LLC acquired a new stake in Arch Capital Group in the fourth quarter valued at approximately $42,000. Y.D. More Investments Ltd raised its holdings in Arch Capital Group by 125.6% in the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock valued at $43,000 after acquiring an additional 260 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Arch Capital Group in the third quarter valued at approximately $50,000. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Arch Capital Group Trading Down 0.7 %

Shares of ACGL stock opened at $90.09 on Wednesday. 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 company has a market capitalization of $33.82 billion, a price-to-earnings ratio of 8.04, a PEG ratio of 2.31 and a beta of 0.62. The firm has a 50-day moving average price of $91.89 and a 200 day moving average price of $99.77. Arch Capital Group Ltd. has a twelve month low of $87.42 and a twelve month high of $116.47.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating the consensus estimate of $1.90 by $0.36. Arch Capital Group had a return on equity of 17.96% and a net margin of 24.73%. During the same period in the previous year, the business posted $2.45 earnings per share. Research analysts forecast that Arch Capital Group Ltd. will post 8.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Arch Capital Group

In other Arch Capital Group 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 owns 140,023 shares in the company, valued at $12,742,093. The trade was a 7.65 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 4.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

ACGL has been the topic of a number of research analyst reports. Barclays cut their price objective 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. Bank of America cut their price objective on shares of Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 15th. Morgan Stanley cut 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. UBS Group cut their price objective on shares of Arch Capital Group from $131.00 to $127.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, JPMorgan Chase & Co. cut their price objective 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. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $117.19.

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.