Arch Capital Group Ltd. (NASDAQ:ACGL) has received a consensus recommendation of “Hold” from the twelve analysts that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $99.33.

ACGL has been the topic of several research reports. UBS Group reaffirmed a “buy” rating on shares of Arch Capital Group in a research report on Monday, October 30th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $113.00 target price on shares of Arch Capital Group in a research report on Friday, October 27th. Barclays upped their target price on Arch Capital Group from $91.00 to $95.00 and gave the stock an “equal weight” rating in a research report on Monday, October 16th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $96.00 target price on shares of Arch Capital Group in a research report on Tuesday, January 9th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $101.00 target price on shares of Arch Capital Group in a research report on Wednesday, December 6th.

In other news, insider Louis T. Petrillo sold 5,921 shares of the stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $91.07, for a total transaction of $539,225.47. Following the transaction, the insider now owns 43,268 shares of the company’s stock, valued at approximately $3,940,416.76. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Nicolas Papadopoulo sold 54,554 shares of the stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $95.53, for a total value of $5,211,543.62. Following the transaction, the chief executive officer now directly owns 147,481 shares in the company, valued at approximately $14,088,859.93. The disclosure for this sale can be found here. In the last three months, insiders have sold 65,975 shares of company stock worth $6,256,989. 6.60% of the stock is currently owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Nordea Investment Management AB increased its holdings in shares of Arch Capital Group by 3.1% during the 2nd quarter. Nordea Investment Management AB now owns 3,300 shares of the insurance provider’s stock valued at $308,000 after acquiring an additional 100 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Arch Capital Group by 3.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,577 shares of the insurance provider’s stock valued at $706,000 after acquiring an additional 237 shares during the last quarter. Toronto Dominion Bank increased its holdings in shares of Arch Capital Group by 18.8% during the 2nd quarter. Toronto Dominion Bank now owns 1,596 shares of the insurance provider’s stock valued at $149,000 after acquiring an additional 253 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of Arch Capital Group by 8.8% during the 2nd quarter. Prudential Financial Inc. now owns 6,160 shares of the insurance provider’s stock valued at $575,000 after acquiring an additional 500 shares during the last quarter. Finally, Neuberger Berman Group LLC boosted its stake in Arch Capital Group by 22.6% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,730 shares of the insurance provider’s stock valued at $255,000 after purchasing an additional 503 shares during the period. 79.43% of the stock is currently owned by institutional investors and hedge funds.

Arch Capital Group (NASDAQ ACGL) traded up $1.23 during trading hours on Friday, reaching $91.15. The company had a trading volume of 473,337 shares, compared to its average volume of 427,208. The firm has a market capitalization of $11,768.19, a price-to-earnings ratio of 29.40, a price-to-earnings-growth ratio of 1.31 and a beta of 0.67. Arch Capital Group has a 52-week low of $86.58 and a 52-week high of $102.60. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.49.

Arch Capital Group (NASDAQ:ACGL) last issued its earnings results on Wednesday, October 25th. The insurance provider reported ($0.79) earnings per share for the quarter, missing the consensus estimate of ($0.59) by ($0.20). Arch Capital Group had a return on equity of 5.57% and a net margin of 9.44%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the company earned $1.14 earnings per share. The business’s revenue for the quarter was up 30.7% on a year-over-year basis. sell-side analysts anticipate that Arch Capital Group will post 3 earnings per share for the current year.

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Arch Capital Group Company Profile

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

Analyst Recommendations for Arch Capital Group (NASDAQ:ACGL)

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