Schroder Investment Management Group Has $40.01 Million Position in Arch Capital Group Ltd. (NASDAQ:ACGL)

Schroder Investment Management Group lessened its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 21.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 433,254 shares of the insurance provider’s stock after selling 118,385 shares during the period. Schroder Investment Management Group owned 0.12% of Arch Capital Group worth $40,011,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in ACGL. Principal Financial Group Inc. increased its stake in shares of Arch Capital Group by 4.8% in the 3rd quarter. Principal Financial Group Inc. now owns 7,438,738 shares of the insurance provider’s stock valued at $832,246,000 after acquiring an additional 337,786 shares during the last quarter. Quantbot Technologies LP acquired a new position in Arch Capital Group during the third quarter valued at approximately $25,000. Townsquare Capital LLC increased its stake in Arch Capital Group by 41.7% in the third quarter. Townsquare Capital LLC now owns 7,969 shares of the insurance provider’s stock valued at $892,000 after purchasing an additional 2,347 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in Arch Capital Group in the third quarter valued at approximately $1,873,000. Finally, Janus Henderson Group PLC raised its holdings in Arch Capital Group by 1.4% in the third quarter. Janus Henderson Group PLC now owns 44,916 shares of the insurance provider’s stock worth $5,025,000 after purchasing an additional 600 shares during the period. Institutional investors own 89.07% of the company’s stock.

Arch Capital Group Trading Down 0.0 %

NASDAQ ACGL opened at $96.14 on Wednesday. Arch Capital Group Ltd. has a 12 month low of $87.42 and a 12 month high of $116.47. The company has a current ratio of 0.54, a quick ratio of 0.58 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average of $92.19 and a 200-day moving average of $97.88. The company has a market cap of $36.12 billion, a PE ratio of 8.58, a PEG ratio of 2.31 and a beta of 0.62.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.36. Arch Capital Group had a net margin of 24.73% and a return on equity of 17.96%. During the same period in the previous year, the company earned $2.45 earnings per share. On average, equities research analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on ACGL shares. Wells Fargo & Company lowered their price objective on shares of Arch Capital Group from $107.00 to $106.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. JMP Securities reaffirmed a “market outperform” rating and set a $125.00 price target on shares of Arch Capital Group in a research report on Tuesday, February 11th. Morgan Stanley cut their price objective on Arch Capital Group from $115.00 to $110.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. JPMorgan Chase & Co. lowered their target price on Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Friday, January 3rd. Finally, Royal Bank of Canada cut their price target on shares of Arch Capital Group from $125.00 to $110.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 12th. Six research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $117.19.

Insider Activity at Arch Capital Group

In other Arch Capital Group news, insider Louis T. Petrillo sold 11,600 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $91.00, for a total value of $1,055,600.00. Following the sale, the insider now owns 140,023 shares in the company, valued at $12,742,093. This represents a 7.65 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 4.20% of the stock is currently 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.