Arthur M. Cohen & Associates LLC Boosts Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Arthur M. Cohen & Associates LLC grew its stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 0.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 32,128 shares of the insurance provider’s stock after buying an additional 273 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in Arch Capital Group were worth $2,967,000 as of its most recent SEC filing.

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

Arch Capital Group Trading Down 0.6 %

NASDAQ ACGL opened at $95.51 on Friday. The company has a market capitalization of $35.93 billion, a price-to-earnings ratio of 6.41, a price-to-earnings-growth ratio of 1.41 and a beta of 0.64. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.58 and a quick ratio of 0.58. Arch Capital Group Ltd. has a 12 month low of $77.53 and a 12 month high of $116.47. The company’s fifty day moving average price is $95.15 and its two-hundred day moving average price is $101.54.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.99 EPS for the quarter, topping the consensus estimate of $1.94 by $0.05. The business had revenue of $4.72 billion for the quarter, compared to analysts’ expectations of $4.05 billion. Arch Capital Group had a net margin of 33.86% and a return on equity of 18.94%. During the same quarter last year, the company posted $2.31 earnings per share. As a group, research analysts predict that Arch Capital Group Ltd. will post 8.85 earnings per share for the current fiscal year.

Arch Capital Group Dividend Announcement

The company also recently announced a special dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were given a $5.00 dividend. The ex-dividend date of this dividend was Monday, November 18th.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Barclays cut their price target on shares of 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. Bank of America decreased their price target on shares of 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. TD Cowen raised their price objective on Arch Capital Group from $116.00 to $138.00 and gave the company a “buy” rating in a research report on Friday, September 20th. JMP Securities upped their target price on Arch Capital Group from $115.00 to $125.00 and gave the stock a “market outperform” rating in a research report on Tuesday, October 15th. Finally, BMO Capital Markets increased their target price on Arch Capital Group from $98.00 to $104.00 and gave the company a “market perform” rating in a research note on Wednesday, November 6th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $118.00.

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.