Universal Beteiligungs und Servicegesellschaft mbH Makes New $23.16 Million Investment in Arch Capital Group Ltd. (NASDAQ:ACGL)

Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 250,746 shares of the insurance provider's stock, valued at approximately $23,156,000. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.07% of Arch Capital Group at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Pittenger & Anderson Inc. boosted its stake in Arch Capital Group by 56.6% during the 4th quarter. Pittenger & Anderson Inc. now owns 6,720 shares of the insurance provider's stock valued at $621,000 after purchasing an additional 2,430 shares during the last quarter. Asahi Life Asset Management CO. LTD. purchased a new position in shares of Arch Capital Group in the 4th quarter worth $366,000. Northstar Group Inc. boosted its stake in shares of Arch Capital Group by 5.1% in the 4th quarter. Northstar Group Inc. now owns 122,197 shares of the insurance provider's stock worth $11,285,000 after buying an additional 5,947 shares during the last quarter. William Blair Investment Management LLC boosted its stake in shares of Arch Capital Group by 33.7% in the 4th quarter. William Blair Investment Management LLC now owns 624,055 shares of the insurance provider's stock worth $57,631,000 after buying an additional 157,197 shares during the last quarter. Finally, Independent Advisor Alliance boosted its stake in shares of Arch Capital Group by 98.8% in the 4th quarter. Independent Advisor Alliance now owns 6,925 shares of the insurance provider's stock worth $640,000 after buying an additional 3,442 shares during the last quarter. 89.07% of the stock is currently owned by hedge funds and other institutional investors.

Arch Capital Group Price Performance

ACGL stock traded up $0.86 during mid-day trading on Friday, reaching $95.06. The company's stock had a trading volume of 2,897,694 shares, compared to its average volume of 1,725,859. The stock has a market cap of $35.62 billion, a PE ratio of 8.49, a P/E/G ratio of 2.31 and a beta of 0.57. The company has a current ratio of 0.54, a quick ratio of 0.58 and a debt-to-equity ratio of 0.15. Arch Capital Group Ltd. has a fifty-two week low of $82.49 and a fifty-two week high of $116.47. The company's 50 day moving average is $92.63 and its two-hundred day moving average is $93.15.

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 analysts' consensus estimates 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 analyst estimates of $4.75 billion. During the same quarter in the previous year, the company posted $2.45 EPS. The firm's revenue was up 10.5% on a year-over-year basis. Equities research analysts expect that Arch Capital Group Ltd. will post 8.42 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on ACGL shares. JMP Securities reaffirmed a "market outperform" rating and issued a $125.00 target price on shares of Arch Capital Group in a report on Wednesday, April 30th. JPMorgan Chase & Co. raised their target price on Arch Capital Group from $106.00 to $107.00 and gave the stock a "neutral" rating in a report on Tuesday, April 8th. Jefferies Financial Group raised their target price on Arch Capital Group from $105.00 to $106.00 and gave the stock a "buy" rating in a report on Friday, April 11th. Royal Bank of Canada decreased their target price on Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating on the stock in a report on Wednesday, February 12th. Finally, Barclays decreased their target price 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. Six investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $115.00.

Insider Activity

In other news, CEO Nicolas Papadopoulo sold 7,636 shares of the stock in a transaction that occurred on Friday, May 2nd. The shares were sold at an average price of $92.48, for a total value of $706,177.28. Following the completion of the sale, the chief executive officer now owns 795,718 shares of the company's stock, valued at $73,588,000.64. This represents a 0.95% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Louis T. Petrillo sold 11,600 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $91.00, for a total transaction of $1,055,600.00. Following the transaction, the insider now directly owns 140,023 shares of the company's stock, valued at $12,742,093. The trade was a 7.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 123,576 shares of company stock valued at $11,586,638 in the last 90 days. Company insiders own 4.20% of the company's stock.

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.