Natixis Advisors LLC Has $112.39 Million Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Natixis Advisors LLC reduced its position in Arch Capital Group Ltd. (NASDAQ:ACGL) by 1.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,217,040 shares of the insurance provider’s stock after selling 16,964 shares during the period. Natixis Advisors LLC’s holdings in Arch Capital Group were worth $112,394,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP bought a new stake in shares of Arch Capital Group during the 3rd quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new stake in Arch Capital Group during the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC bought a new stake in Arch Capital Group during the 4th quarter valued at approximately $42,000. Y.D. More Investments Ltd boosted its stake 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 purchasing an additional 260 shares during the period. Finally, UMB Bank n.a. boosted its stake in Arch Capital Group by 97.0% during the 4th quarter. UMB Bank n.a. now owns 841 shares of the insurance provider’s stock valued at $78,000 after purchasing an additional 414 shares during the period. 89.07% of the stock is owned by institutional investors and hedge funds.

Arch Capital Group Price Performance

NASDAQ:ACGL opened at $92.57 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54. The stock’s 50-day simple moving average is $91.83 and its 200 day simple moving average is $99.51. The company has a market cap of $34.75 billion, a P/E ratio of 8.27, a P/E/G ratio of 2.31 and a beta of 0.62. Arch Capital Group Ltd. has a 52-week low of $87.42 and a 52-week high of $116.47.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share 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 earned $2.45 EPS. As a group, sell-side analysts forecast that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Barclays decreased their target price on Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating for the company in a research note on Monday, January 6th. Bank of America reduced their price objective on Arch Capital Group from $143.00 to $136.00 and set a “buy” rating for the company in a research report on Friday, November 15th. Royal Bank of Canada dropped their target price on Arch Capital Group from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. JMP Securities reissued a “market outperform” rating and issued a $125.00 target price on shares of Arch Capital Group in a report on Tuesday, February 11th. Finally, Keefe, Bruyette & Woods dropped their target price on Arch Capital Group from $120.00 to $113.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $117.19.

Insiders Place Their Bets

In other news, insider Louis T. Petrillo sold 11,600 shares of the business’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 transaction 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 4.20% of the company’s stock.

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.