CW Advisors LLC Makes New $279,000 Investment in Arch Capital Group Ltd. $ACGL

Key Points

• CW Advisors LLC acquired 2,909 shares of Arch Capital Group, valued at approximately $279,000, as reported in their latest 13F filing.
• Arch Capital Group's stock has experienced a slight decline of 0.6%, with shares trading at $91.20 following a recent quarterly earnings report that exceeded analysts' expectations.
• Institutional investors now own 89.07% of Arch Capital Group's stock, indicating significant investor confidence in the company.

CW Advisors LLC purchased a new stake in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 2,909 shares of the insurance provider's stock, valued at approximately $279,000.

Several other hedge funds have also recently bought and sold shares of ACGL. Nuveen LLC purchased a new position in Arch Capital Group in the first quarter valued at approximately $399,651,000. JPMorgan Chase & Co. grew its position in shares of Arch Capital Group by 30.5% during the first quarter. JPMorgan Chase & Co. now owns 7,470,591 shares of the insurance provider's stock worth $718,522,000 after buying an additional 1,743,945 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Arch Capital Group by 10,817.9% during the first quarter. GAMMA Investing LLC now owns 806,181 shares of the insurance provider's stock worth $775,380,000 after buying an additional 798,797 shares in the last quarter. GQG Partners LLC acquired a new stake in shares of Arch Capital Group during the first quarter worth approximately $71,769,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Arch Capital Group by 17.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 3,576,223 shares of the insurance provider's stock worth $330,264,000 after buying an additional 522,484 shares in the last quarter. Hedge funds and other institutional investors own 89.07% of the company's stock.

Arch Capital Group Price Performance

ACGL stock traded down $0.16 during trading on Tuesday, hitting $91.37. The company had a trading volume of 817,167 shares, compared to its average volume of 1,915,555. The firm has a market capitalization of $34.10 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 5.60 and a beta of 0.51. The business has a 50 day moving average of $89.56 and a 200 day moving average of $91.24. Arch Capital Group Ltd. has a fifty-two week low of $82.49 and a fifty-two week high of $116.47. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.16.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The insurance provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.30 by $0.28. Arch Capital Group had a net margin of 19.49% and a return on equity of 15.33%. The firm had revenue of $4.35 billion for the quarter, compared to analysts' expectations of $4.29 billion. During the same period in the previous year, the business earned $2.57 earnings per share. As a group, research analysts predict that Arch Capital Group Ltd. will post 8.42 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on ACGL shares. UBS Group reissued a "buy" rating and set a $118.00 price target (down previously from $124.00) on shares of Arch Capital Group in a research report on Monday, August 4th. Wells Fargo & Company decreased their price objective on shares of Arch Capital Group from $110.00 to $107.00 and set an "overweight" rating for the company in a report on Thursday, July 31st. Cowen reaffirmed a "buy" rating on shares of Arch Capital Group in a report on Monday, August 4th. Keefe, Bruyette & Woods lifted their price objective on shares of Arch Capital Group from $102.00 to $103.00 and gave the stock a "market perform" rating in a report on Thursday, August 14th. Finally, Jefferies Financial Group downgraded shares of Arch Capital Group from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $106.00 to $100.00 in a report on Tuesday, June 10th. Nine analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $111.27.

Insider Activity

In other news, insider Maamoun Rajeh sold 10,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $94.15, for a total value of $941,500.00. Following the completion of the sale, the insider directly owned 433,589 shares of the company's stock, valued at $40,822,404.35. This represents a 2.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.10% of the stock is owned by company insiders.

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.