University of Notre Dame DU Lac boosted its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL) by 10.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,217 shares of the insurance provider’s stock after acquiring an additional 4,681 shares during the quarter. University of Notre Dame DU Lac’s holdings in Arch Capital Group were worth $4,848,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Capstone Asset Management Co. grew its holdings in Arch Capital Group by 13.6% in the second quarter. Capstone Asset Management Co. now owns 3,748 shares of the insurance provider’s stock valued at $350,000 after purchasing an additional 450 shares during the last quarter. US Bancorp DE grew its holdings in Arch Capital Group by 4.9% in the second quarter. US Bancorp DE now owns 10,484 shares of the insurance provider’s stock valued at $978,000 after purchasing an additional 486 shares during the last quarter. Rothschild Asset Management Inc. grew its holdings in Arch Capital Group by 8.7% in the second quarter. Rothschild Asset Management Inc. now owns 7,540 shares of the insurance provider’s stock valued at $703,000 after purchasing an additional 605 shares during the last quarter. CIBC Asset Management Inc grew its holdings in Arch Capital Group by 0.7% in the second quarter. CIBC Asset Management Inc now owns 10,799 shares of the insurance provider’s stock valued at $1,007,000 after purchasing an additional 78 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in Arch Capital Group by 29.5% in the second quarter. Sei Investments Co. now owns 125,548 shares of the insurance provider’s stock valued at $11,712,000 after purchasing an additional 28,568 shares during the last quarter. Hedge funds and other institutional investors own 79.50% of the company’s stock.

Shares of Arch Capital Group Ltd. (NASDAQ ACGL) opened at $93.63 on Tuesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $12,400.00, a price-to-earnings ratio of 31.94, a P/E/G ratio of 2.67 and a beta of 0.67. Arch Capital Group Ltd. has a 52 week low of $82.66 and a 52 week high of $102.60.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings data on Wednesday, October 25th. The insurance provider reported ($0.79) EPS for the quarter, missing analysts’ consensus estimates of ($0.59) by ($0.20). The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.16 billion. Arch Capital Group had a net margin of 9.44% and a return on equity of 5.57%. The firm’s revenue was up 30.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.14 EPS. research analysts expect that Arch Capital Group Ltd. will post 3.23 EPS for the current year.

In other Arch Capital Group news, CEO Andrew Rippert sold 3,500 shares of the firm’s stock in a transaction dated Thursday, September 7th. The stock was sold at an average price of $94.25, for a total value of $329,875.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Nicolas Papadopoulo sold 54,554 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $95.53, for a total value of $5,211,543.62. Following the completion of the sale, the chief executive officer now directly owns 147,481 shares in the company, valued at $14,088,859.93. The disclosure for this sale can be found here. Over the last three months, insiders sold 187,633 shares of company stock worth $17,864,402. 6.60% of the stock is owned by corporate insiders.

Several analysts have weighed in on ACGL shares. Wells Fargo & Company set a $100.00 target price on Arch Capital Group and gave the company a “hold” rating in a report on Thursday, October 26th. Buckingham Research started coverage on Arch Capital Group in a research note on Monday, September 11th. They set a “buy” rating and a $106.00 price objective on the stock. UBS decreased their price objective on Arch Capital Group from $114.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, September 19th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $100.00 price objective on shares of Arch Capital Group in a research note on Thursday, September 21st. Finally, Zacks Investment Research lowered Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Tuesday, September 26th. Eight analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $100.70.

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Arch Capital Group 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.

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Institutional Ownership by Quarter for Arch Capital Group (NASDAQ:ACGL)

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