Arch Capital Group Ltd. (NASDAQ:ACGL) Stock Holdings Lifted by Natixis Advisors LLC

Natixis Advisors LLC increased its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) by 21.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,475,616 shares of the insurance provider's stock after purchasing an additional 258,576 shares during the quarter. Natixis Advisors LLC owned 0.39% of Arch Capital Group worth $141,925,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. First Trust Advisors LP boosted its holdings in Arch Capital Group by 663.3% during the 4th quarter. First Trust Advisors LP now owns 2,462,382 shares of the insurance provider's stock valued at $227,401,000 after acquiring an additional 2,139,782 shares during the period. Marshall Wace LLP purchased a new position in shares of Arch Capital Group in the fourth quarter valued at approximately $151,342,000. GAMMA Investing LLC boosted its stake in shares of Arch Capital Group by 10,817.9% in the first quarter. GAMMA Investing LLC now owns 806,181 shares of the insurance provider's stock valued at $775,380,000 after purchasing an additional 798,797 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Arch Capital Group by 17.1% in 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 valued at $330,264,000 after purchasing an additional 522,484 shares in the last quarter. Finally, Deutsche Bank AG increased its stake in Arch Capital Group by 31.1% during the 4th quarter. Deutsche Bank AG now owns 2,098,619 shares of the insurance provider's stock worth $193,807,000 after buying an additional 498,426 shares during the period. Institutional investors and hedge funds own 89.07% of the company's stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on ACGL shares. Keefe, Bruyette & Woods reiterated a "market perform" rating and issued a $101.00 price target (down previously from $113.00) on shares of Arch Capital Group in a research note on Wednesday, July 9th. Morgan Stanley set a $110.00 target price on shares of Arch Capital Group and gave the company an "overweight" rating in a report on Monday, May 19th. JPMorgan Chase & Co. boosted their price target on 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 target price on Arch Capital Group to $124.00 and gave the company a "buy" rating in a report on Thursday, June 12th. Finally, Jefferies Financial Group lowered shares of Arch Capital Group from a "buy" rating to a "hold" rating and decreased their target price for the stock from $106.00 to $100.00 in a research report on Tuesday, June 10th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Arch Capital Group presently has a consensus rating of "Moderate Buy" and an average target price of $113.40.

Arch Capital Group Stock Up 2.3%

NASDAQ:ACGL traded up $1.94 during trading hours on Friday, hitting $88.00. The stock had a trading volume of 2,846,752 shares, compared to its average volume of 2,782,390. 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 $32.98 billion, a PE ratio of 9.08, a price-to-earnings-growth ratio of 6.54 and a beta of 0.49. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.16. The business has a 50 day simple moving average of $90.33 and a two-hundred day simple moving average of $91.62.

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

Insider Transactions at Arch Capital Group

In other news, insider John M. Pasquesi sold 75,060 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $94.01, for a total transaction of $7,056,390.60. Following the transaction, the insider owned 579,218 shares of the company's stock, valued at approximately $54,452,284.18. This trade represents a 11.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Francois Morin sold 12,630 shares of the business's stock in a transaction dated Friday, May 16th. The shares were 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 directly owned 274,681 shares of the company's stock, valued at approximately $25,979,328.98. This represents a 4.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,340 shares of company stock valued at $9,824,861. 4.20% of the stock is currently owned by corporate 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.