Hussman Strategic Advisors Inc. Purchases Shares of 10,500 Arch Capital Group Ltd. (NASDAQ:ACGL)

Hussman Strategic Advisors Inc. purchased a new stake in Arch Capital Group Ltd. (NASDAQ:ACGL) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,500 shares of the insurance provider’s stock, valued at approximately $970,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ACGL. Quantbot Technologies LP bought a new stake in shares of Arch Capital Group in the 3rd quarter valued at $25,000. Ashton Thomas Securities LLC bought a new position in shares of Arch Capital Group in the third quarter valued at $50,000. Golden State Wealth Management LLC bought a new position in shares of Arch Capital Group in the fourth quarter valued at $42,000. Y.D. More Investments Ltd lifted its stake in shares of Arch Capital Group by 125.6% in the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock valued at $43,000 after buying an additional 260 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in shares of Arch Capital Group by 97.0% in the fourth quarter. UMB Bank n.a. now owns 841 shares of the insurance provider’s stock valued at $78,000 after buying an additional 414 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Arch Capital Group Price Performance

ACGL opened at $89.09 on Friday. The company has a market capitalization of $33.52 billion, a price-to-earnings ratio of 7.95, a PEG ratio of 2.28 and a beta of 0.64. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average price of $92.07 and a 200-day moving average price of $100.68. Arch Capital Group Ltd. has a twelve month low of $83.97 and a twelve month high of $116.47.

Arch Capital Group (NASDAQ:ACGL) last posted its earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share for the quarter, topping the consensus estimate 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 in the prior year, the business earned $2.45 earnings per share. Equities analysts expect that Arch Capital Group Ltd. will post 8.54 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ACGL. JMP Securities reiterated a “market outperform” rating and issued a $125.00 target price on shares of Arch Capital Group in a report on Tuesday, February 11th. JPMorgan Chase & Co. decreased 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 report on Friday, January 3rd. StockNews.com downgraded shares of Arch Capital Group from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Wells Fargo & Company decreased their price objective on shares of Arch Capital Group from $107.00 to $106.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods decreased their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Arch Capital Group has a consensus rating of “Moderate Buy” and a consensus price target of $117.19.

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.