Y.D. More Investments Ltd Has $43,000 Position in Arch Capital Group Ltd. (NASDAQ:ACGL)

Y.D. More Investments Ltd grew its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL) by 125.6% during the fourth quarter, Holdings Channel reports. The firm owned 467 shares of the insurance provider’s stock after acquiring an additional 260 shares during the quarter. Y.D. More Investments Ltd’s holdings in Arch Capital Group were worth $43,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quantbot Technologies LP bought a new stake in Arch Capital Group in the third quarter worth approximately $25,000. Compagnie Lombard Odier SCmA bought a new stake in shares of Arch Capital Group in the 3rd quarter valued at $46,000. UMB Bank n.a. lifted its position in shares of Arch Capital Group by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 427 shares of the insurance provider’s stock valued at $48,000 after acquiring an additional 126 shares during the period. Asset Dedication LLC boosted its stake in Arch Capital Group by 188.1% during the third quarter. Asset Dedication LLC now owns 435 shares of the insurance provider’s stock worth $49,000 after acquiring an additional 284 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in Arch Capital Group in the third quarter worth $50,000. Institutional investors own 89.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. StockNews.com lowered shares of Arch Capital Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Bank of America cut their price target on Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a report on Friday, November 15th. BMO Capital Markets boosted their price objective on Arch Capital Group from $98.00 to $104.00 and gave the company a “market perform” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. lowered their target price on Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating on the stock in a research report on Friday, January 3rd. Finally, Wells Fargo & Company reduced their price target on shares of Arch Capital Group from $109.00 to $107.00 and set an “overweight” rating for the company in a research report on Tuesday, January 14th. Six research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, Arch Capital Group has an average rating of “Moderate Buy” and an average target price of $118.00.

Arch Capital Group Trading Up 0.9 %

NASDAQ:ACGL opened at $93.88 on Friday. Arch Capital Group Ltd. has a 52 week low of $80.97 and a 52 week high of $116.47. The firm has a 50-day moving average price of $93.59 and a two-hundred day moving average price of $101.18. The firm has a market cap of $35.32 billion, a price-to-earnings ratio of 6.30, a price-to-earnings-growth ratio of 1.52 and a beta of 0.64. 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 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.