Jefferies Financial Group Inc. Has $754,000 Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Jefferies Financial Group Inc. trimmed its stake in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 77.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,163 shares of the insurance provider's stock after selling 27,891 shares during the period. Jefferies Financial Group Inc.'s holdings in Arch Capital Group were worth $754,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in ACGL. Capital A Wealth Management LLC acquired a new stake in Arch Capital Group in the 4th quarter valued at approximately $25,000. Cullen Frost Bankers Inc. acquired a new stake in Arch Capital Group in the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC acquired a new stake in Arch Capital Group in the 4th quarter valued at approximately $42,000. Y.D. More Investments Ltd grew its holdings in Arch Capital Group by 125.6% in the 4th 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 during the last quarter. Finally, Quarry LP acquired a new stake in Arch Capital Group in the 4th quarter valued at approximately $58,000. 89.07% of the stock is owned by institutional investors.

Insider Transactions at Arch Capital Group

In related news, CFO Francois Morin sold 12,630 shares of the company'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 completion of the sale, the chief financial officer now owns 274,681 shares in the company, valued at approximately $25,979,328.98. This represents a 4.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider John M. Pasquesi sold 75,060 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $94.01, for a total value of $7,056,390.60. Following the transaction, the insider now directly owns 579,218 shares of the company's stock, valued at $54,452,284.18. This represents a 11.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 123,576 shares of company stock worth $11,586,638 over the last 90 days. 4.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

ACGL has been the topic of several recent research reports. Morgan Stanley set a $110.00 price objective on Arch Capital Group and gave the stock an "overweight" rating in a report on Monday, May 19th. JPMorgan Chase & Co. lifted their price objective on Arch Capital Group from $106.00 to $107.00 and gave the stock a "neutral" rating in a report on Tuesday, April 8th. UBS Group decreased their price objective on Arch Capital Group from $127.00 to $124.00 and set a "buy" rating on the stock in a report on Wednesday, April 9th. Barclays decreased 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. Finally, Keefe, Bruyette & Woods lifted their price objective on Arch Capital Group from $104.00 to $113.00 and gave the stock an "outperform" rating in a report on Tuesday, May 6th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $115.00.

Arch Capital Group Price Performance

ACGL stock traded up $0.86 during midday trading on Friday, reaching $95.06. 2,897,694 shares of the company's stock traded hands, compared to its average volume of 1,691,912. The company has a 50-day simple moving average of $92.63 and a two-hundred day simple moving average of $93.15. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15. Arch Capital Group Ltd. has a 1-year low of $82.49 and a 1-year high of $116.47. The company has a market cap of $35.62 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 2.31 and a beta of 0.57.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The insurance provider reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.59 by ($0.05). Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. The business had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.75 billion. During the same quarter in the previous year, the firm posted $2.45 EPS. The company's revenue for the quarter was up 10.5% compared to the same quarter last year. On average, analysts anticipate that Arch Capital Group Ltd. will post 8.42 earnings per share for the current year.

Arch Capital Group Company 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.