Arch Capital Group Ltd. (NASDAQ:ACGL) Shares Sold by Aurora Investment Managers LLC.

Aurora Investment Managers LLC. reduced its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,395 shares of the insurance provider’s stock after selling 572 shares during the period. Arch Capital Group comprises 1.2% of Aurora Investment Managers LLC.’s investment portfolio, making the stock its 28th largest holding. Aurora Investment Managers LLC.’s holdings in Arch Capital Group were worth $2,068,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in shares of Arch Capital Group during the third quarter worth about $25,000. Compagnie Lombard Odier SCmA purchased a new position in Arch Capital Group in the third quarter worth approximately $46,000. UMB Bank n.a. grew its holdings in Arch Capital Group by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 427 shares of the insurance provider’s stock worth $48,000 after acquiring an additional 126 shares in the last quarter. Asset Dedication LLC increased its position 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 during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Arch Capital Group in the 3rd quarter valued at $50,000. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. JMP Securities increased their target price on Arch Capital Group from $115.00 to $125.00 and gave the company a “market outperform” rating in a report on Tuesday, October 15th. BMO Capital Markets increased 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. Royal Bank of Canada decreased their target price on Arch Capital Group from $128.00 to $125.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Evercore ISI increased their price target on shares of Arch Capital Group from $104.00 to $107.00 and gave the company an “in-line” rating in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. reduced their price objective 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. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

Arch Capital Group Stock Performance

Shares of ACGL stock opened at $95.51 on Tuesday. The stock’s 50-day moving average price is $95.05 and its 200 day moving average price is $101.56. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $35.93 billion, a PE ratio of 6.41, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. Arch Capital Group Ltd. has a 52-week low of $77.53 and a 52-week high of $116.47.

Arch Capital Group (NASDAQ:ACGL) last released 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. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. The business had revenue of $4.72 billion during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the prior year, the business earned $2.31 earnings per share. As a group, equities research analysts forecast that Arch Capital Group Ltd. will post 8.86 EPS for the current 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 issued a $5.00 dividend. The ex-dividend date was Monday, November 18th.

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.