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

V Square Quantitative Management LLC raised its position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 2.7% in the fourth quarter, Holdings Channel reports. The firm owned 8,496 shares of the insurance provider’s stock after buying an additional 227 shares during the period. V Square Quantitative Management LLC’s holdings in Arch Capital Group were worth $785,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Quantbot Technologies LP bought a new stake in shares of Arch Capital Group in the 3rd quarter worth approximately $25,000. Golden State Wealth Management LLC acquired a new stake in shares of Arch Capital Group in the 4th quarter valued at $42,000. Y.D. More Investments Ltd grew its stake in shares of Arch Capital Group by 125.6% during the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 260 shares during the period. Asset Dedication LLC grew its stake in shares of 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 purchasing an additional 284 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new position in Arch Capital Group in the third quarter valued at about $50,000. Institutional investors and hedge funds own 89.07% of the company’s stock.

Arch Capital Group Trading Down 2.2 %

NASDAQ ACGL opened at $88.20 on Friday. Arch Capital Group Ltd. has a one year low of $83.97 and a one year high of $116.47. The firm has a 50 day simple moving average of $92.53 and a 200-day simple moving average 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. The firm has a market cap of $33.18 billion, a price-to-earnings ratio of 5.92, a PEG ratio of 1.53 and a beta of 0.64.

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 the consensus estimate of $1.90 by $0.36. Arch Capital Group had a net margin of 33.86% and a return on equity of 18.94%. During the same period in the previous year, the company posted $2.45 EPS. Equities research analysts anticipate that Arch Capital Group Ltd. will post 8.86 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Morgan Stanley cut their price target on Arch Capital Group from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Friday. Bank of America cut their target price on Arch Capital Group from $143.00 to $136.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Keefe, Bruyette & Woods lowered their target price on Arch Capital Group from $120.00 to $113.00 and set an “outperform” rating for the company in a research report on Thursday. JMP Securities reiterated a “market outperform” rating and set a $125.00 price target on shares of Arch Capital Group in a report on Tuesday. Finally, BMO Capital Markets raised their price target on shares of Arch Capital Group from $98.00 to $104.00 and gave the company a “market perform” rating in a research report on Wednesday, November 6th. Six analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.53.

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.