Asset Management One Co. Ltd. Has $16.26 Million Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Asset Management One Co. Ltd. increased its position in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 6.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 169,080 shares of the insurance provider's stock after purchasing an additional 9,832 shares during the period. Asset Management One Co. Ltd.'s holdings in Arch Capital Group were worth $16,262,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC bought a new stake in Arch Capital Group during the fourth quarter valued at $25,000. Cullen Frost Bankers Inc. purchased a new stake in Arch Capital Group during the 4th quarter valued at $37,000. Grove Bank & Trust purchased a new stake in shares of Arch Capital Group in the first quarter valued at approximately $40,000. Quarry LP purchased a new position in Arch Capital Group in the fourth quarter valued at about $58,000. Finally, McIlrath & Eck LLC grew its holdings in shares of Arch Capital Group by 165.3% during the fourth quarter. McIlrath & Eck LLC now owns 666 shares of the insurance provider's stock valued at $62,000 after buying an additional 415 shares during the last quarter. 89.07% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Arch Capital Group from $106.00 to $107.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 8th. UBS Group increased their price objective on shares of Arch Capital Group to $124.00 and gave the stock a "buy" rating in a report on Thursday, June 12th. Barclays dropped their price objective on Arch Capital Group from $100.00 to $93.00 and set an "equal weight" rating on the stock in a report on Friday, April 11th. Jefferies Financial Group lowered Arch Capital Group from a "buy" rating to a "hold" rating and reduced their price target for the stock from $106.00 to $100.00 in a research report on Tuesday, June 10th. Finally, JMP Securities reaffirmed a "market outperform" rating and set a $125.00 target price on shares of Arch Capital Group in a research note on Wednesday, April 30th. Seven research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $114.63.

Insider Buying and Selling at Arch Capital Group

In related news, CFO Francois Morin sold 12,630 shares of the business's stock in a transaction dated Friday, May 16th. The stock was sold at an average price of $94.58, for a total value of $1,194,545.40. Following the transaction, the chief financial officer now owns 274,681 shares in the company, valued at $25,979,328.98. The trade was a 4.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Louis T. Petrillo sold 16,650 shares of Arch Capital Group stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $94.53, for a total transaction of $1,573,924.50. Following the sale, the insider now owns 140,023 shares of the company's stock, valued at approximately $13,236,374.19. The trade was a 10.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 111,976 shares of company stock valued at $10,531,038 over the last 90 days. 4.20% of the stock is owned by insiders.

Arch Capital Group Trading Up 1.2%

Arch Capital Group stock traded up $1.06 during mid-day trading on Thursday, hitting $90.29. The company's stock had a trading volume of 1,530,282 shares, compared to its average volume of 1,696,711. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.56 and a current ratio of 0.56. The stock has a market cap of $33.84 billion, a PE ratio of 9.25, a P/E/G ratio of 6.29 and a beta of 0.53. The company has a 50 day moving average of $92.48 and a 200-day moving average of $92.25. Arch Capital Group Ltd. has a one year low of $82.49 and a one year high of $116.47.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The insurance provider reported $1.54 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.05). Arch Capital Group had a net margin of 20.72% and a return on equity of 15.79%. The business had revenue of $4.52 billion during the quarter, compared to analysts' expectations of $4.75 billion. During the same period last year, the company earned $2.45 earnings per share. The firm's revenue was up 10.5% on a year-over-year basis. On average, research analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current year.

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.