Capitolis Liquid Global Markets LLC Makes New $32.52 Million Investment in Arch Capital Group Ltd. $ACGL

Capitolis Liquid Global Markets LLC purchased a new position in Arch Capital Group Ltd. (NASDAQ:ACGL) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 339,000 shares of the insurance provider’s stock, valued at approximately $32,517,000. Capitolis Liquid Global Markets LLC owned approximately 0.09% of Arch Capital Group at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Asset One Wealth Management LLC bought a new stake in shares of Arch Capital Group in the fourth quarter worth about $3,187,000. Balyasny Asset Management L.P. bought a new stake in shares of Arch Capital Group in the fourth quarter worth about $518,000. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Arch Capital Group by 2.0% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 11,109 shares of the insurance provider’s stock worth $1,066,000 after acquiring an additional 223 shares in the last quarter. Auxier Asset Management LLC increased its holdings in shares of Arch Capital Group by 4.0% in the fourth quarter. Auxier Asset Management LLC now owns 12,980 shares of the insurance provider’s stock worth $1,245,000 after acquiring an additional 500 shares in the last quarter. Finally, American Trust bought a new stake in shares of Arch Capital Group in the fourth quarter worth about $254,000. 89.07% of the stock is currently owned by institutional investors.

Insider Activity at Arch Capital Group

In related news, Director Daniel Joseph Houston purchased 5,300 shares of Arch Capital Group stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $94.08 per share, with a total value of $498,624.00. Following the completion of the transaction, the director owned 9,915 shares of the company’s stock, valued at approximately $932,803.20. This trade represents a 114.84% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Brian S. Posner sold 3,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $19.66, for a total value of $58,980.00. The disclosure for this sale is available in the SEC filing. Corporate insiders own 3.30% of the company’s stock.

Arch Capital Group Stock Down 0.2%

ACGL stock opened at $92.37 on Thursday. The business has a 50-day moving average of $94.18 and a 200-day moving average of $94.99. Arch Capital Group Ltd. has a fifty-two week low of $82.44 and a fifty-two week high of $103.39. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.55 and a quick ratio of 0.55. The stock has a market capitalization of $32.27 billion, a P/E ratio of 7.09, a P/E/G ratio of 4.63 and a beta of 0.32.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Tuesday, March 31st. The insurance provider reported $2.50 EPS for the quarter. Arch Capital Group had a return on equity of 17.61% and a net margin of 24.64%.The firm had revenue of $4.52 billion during the quarter. On average, sell-side analysts anticipate that Arch Capital Group Ltd. will post 9.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on ACGL shares. Weiss Ratings downgraded Arch Capital Group from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. JPMorgan Chase & Co. lowered their price target on Arch Capital Group from $117.00 to $110.00 and set a “neutral” rating for the company in a report on Monday, April 20th. Morgan Stanley set a $105.00 price objective on Arch Capital Group in a research report on Friday, May 1st. Mizuho reduced their price objective on Arch Capital Group from $102.00 to $101.00 and set a “neutral” rating for the company in a research report on Tuesday, May 5th. Finally, Citigroup upped their price objective on Arch Capital Group from $120.00 to $122.50 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Eight investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Arch Capital Group presently has an average rating of “Hold” and a consensus target price of $106.81.

Arch Capital Group Company Profile

Arch Capital Group Ltd. (NASDAQ: ACGL) is a Bermuda-based insurance and reinsurance holding company that underwrites a broad range of property and casualty, mortgage, and specialty risk products. The company operates through a group of underwriting subsidiaries and platforms to provide insurance, reinsurance and related risk solutions tailored to commercial, institutional and individual clients.

Arch’s product mix includes treaty and facultative reinsurance, primary casualty and property insurance, mortgage insurance and other specialty lines.