Nebula Research & Development LLC Makes New $1.18 Million Investment in Arch Capital Group Ltd. (NASDAQ:ACGL)

Nebula Research & Development LLC purchased a new stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 12,818 shares of the insurance provider's stock, valued at approximately $1,184,000.

A number of other large investors have also recently made changes to their positions in ACGL. Cullen Frost Bankers Inc. purchased a new stake in Arch Capital Group in the 4th quarter worth approximately $37,000. Golden State Wealth Management LLC bought a new position in shares of Arch Capital Group in the fourth quarter worth approximately $42,000. Y.D. More Investments Ltd increased its stake in shares of Arch Capital Group by 125.6% in the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider's stock worth $43,000 after purchasing an additional 260 shares in the last quarter. UMB Bank n.a. raised its position in shares of Arch Capital Group by 97.0% during the 4th quarter. UMB Bank n.a. now owns 841 shares of the insurance provider's stock valued at $78,000 after purchasing an additional 414 shares during the period. Finally, Larson Financial Group LLC lifted its stake in shares of Arch Capital Group by 47.0% during the 4th quarter. Larson Financial Group LLC now owns 910 shares of the insurance provider's stock valued at $84,000 after buying an additional 291 shares in the last quarter. 89.07% of the stock is currently owned by institutional investors.

Arch Capital Group Trading Down 1.9 %

ACGL stock traded down $1.71 during mid-day trading on Wednesday, reaching $90.68. 2,833,341 shares of the stock traded hands, compared to its average volume of 1,736,790. Arch Capital Group Ltd. has a one year low of $82.49 and a one year high of $116.47. The stock has a market capitalization of $34.07 billion, a PE ratio of 8.10, a PEG ratio of 2.31 and a beta of 0.36. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54. The business has a 50-day moving average price of $91.96 and a two-hundred day moving average price of $94.80.

Arch Capital Group (NASDAQ:ACGL - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The insurance provider reported $1.54 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.05). The firm had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.75 billion. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. The business's revenue for the quarter was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.45 earnings per share. 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 research analysts have commented on the company. Keefe, Bruyette & Woods decreased their price target on Arch Capital Group from $120.00 to $113.00 and set an "outperform" rating on the stock in a report on Thursday, February 13th. 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 report on Tuesday, April 8th. Morgan Stanley dropped their price target on Arch Capital Group from $115.00 to $110.00 and set an "overweight" rating for the company in a research note on Friday, February 14th. Barclays lowered their target price on shares of 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, Royal Bank of Canada cut their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an "outperform" rating for the company in a research note on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, Arch Capital Group has an average rating of "Moderate Buy" and an average target price of $114.88.

Insider Activity

In related news, insider Louis T. Petrillo sold 11,600 shares of the firm's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $91.00, for a total value of $1,055,600.00. Following the transaction, the insider now owns 140,023 shares of the company's stock, valued at $12,742,093. This trade represents a 7.65 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 4.10% 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.