Arch Capital Group Ltd. (NASDAQ:ACGL) Shares Sold by Leuthold Group LLC

Leuthold Group LLC trimmed its stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 3.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,569 shares of the insurance provider’s stock after selling 1,322 shares during the period. Leuthold Group LLC’s holdings in Arch Capital Group were worth $3,469,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Arch Capital Group by 245.1% during the 3rd 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 worth $341,652,000 after acquiring an additional 2,168,897 shares in the last quarter. Swedbank AB raised its holdings in Arch Capital Group by 268.8% in the 4th quarter. Swedbank AB now owns 1,261,957 shares of the insurance provider’s stock worth $116,542,000 after purchasing an additional 919,793 shares during the period. Principal Financial Group Inc. raised its holdings in Arch Capital Group by 10.5% in the 4th quarter. Principal Financial Group Inc. now owns 8,222,244 shares of the insurance provider’s stock worth $759,324,000 after purchasing an additional 783,506 shares during the period. Erste Asset Management GmbH purchased a new position in Arch Capital Group during the third quarter worth approximately $82,748,000. Finally, AustralianSuper Pty Ltd grew its holdings in Arch Capital Group by 736.4% in the fourth quarter. AustralianSuper Pty Ltd now owns 766,365 shares of the insurance provider’s stock valued at $70,774,000 after purchasing an additional 674,739 shares during the period. 89.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ACGL has been the subject of several research analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $125.00 target price on shares of Arch Capital Group in a research note on Tuesday, February 11th. Morgan Stanley decreased 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. Bank of America dropped 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 report on Friday, November 15th. JPMorgan Chase & Co. reduced their price target on shares of Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating for the company in a research report on Friday, January 3rd. Finally, BMO Capital Markets lifted their price objective on Arch Capital Group from $98.00 to $104.00 and gave the stock a “market perform” rating in a report on Wednesday, November 6th. Six equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.19.

Arch Capital Group Stock Down 1.0 %

Shares of NASDAQ:ACGL opened at $88.13 on Friday. Arch Capital Group Ltd. has a 52-week low of $84.00 and a 52-week high of $116.47. The stock has a market cap of $33.16 billion, a P/E ratio of 7.87, a PEG ratio of 2.34 and a beta of 0.64. The business has a fifty day moving average of $91.96 and a two-hundred day moving average of $100.63. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 earnings per share (EPS) for the quarter, beating 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 period last year, the company earned $2.45 earnings per share. On average, research analysts expect that Arch Capital Group Ltd. will post 8.42 earnings per share for the current 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.