Arch Capital Group Ltd. (NASDAQ:ACGL) Receives Consensus Rating of “Moderate Buy” from Analysts

Arch Capital Group Ltd. (NASDAQ:ACGL) has received an average rating of “Moderate Buy” from the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $117.19.

A number of equities analysts have recently commented on ACGL shares. Morgan Stanley cut their target price 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. JMP Securities reaffirmed a “market outperform” rating and issued a $125.00 target price on shares of Arch Capital Group in a report on Tuesday, February 11th. 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 report on Wednesday, February 12th. 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 note on Tuesday, February 18th. Finally, Barclays dropped their target price on 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.

Arch Capital Group Stock Performance

Shares of ACGL stock opened at $92.57 on Friday. The stock’s 50-day moving average is $91.83 and its two-hundred day moving average is $99.51. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54. Arch Capital Group has a 1 year low of $87.42 and a 1 year high of $116.47. The firm has a market cap of $34.75 billion, a price-to-earnings ratio of 8.27, a PEG ratio of 2.31 and a beta of 0.62.

Arch Capital Group (NASDAQ:ACGL) last released 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 17.96% and a net margin of 24.73%. During the same quarter in the prior year, the firm posted $2.45 EPS. Analysts predict that Arch Capital Group will post 8.42 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Louis T. Petrillo sold 11,600 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 140,023 shares of the company’s stock, valued at $12,742,093. This trade represents a 7.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.20% of the stock is currently owned by company insiders.

Institutional Trading of Arch Capital Group

Several large investors have recently bought and sold shares of the company. Quantbot Technologies LP acquired a new stake in Arch Capital Group in the 3rd quarter valued at about $25,000. Capital A Wealth Management LLC purchased a new position in shares of Arch Capital Group during the 4th quarter worth approximately $25,000. Cullen Frost Bankers Inc. acquired a new position in shares of Arch Capital Group during the 4th quarter worth approximately $37,000. Golden State Wealth Management LLC purchased 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% during 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.

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.