Robeco Institutional Asset Management B.V. lifted its position in Arch Capital Group Ltd. (NASDAQ:ACGL) by 23.2% during the 4th quarter, Holdings Channel reports. The firm owned 1,119,225 shares of the insurance provider’s stock after acquiring an additional 210,923 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Arch Capital Group were worth $48,003,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of ACGL. Parallel Advisors LLC raised its holdings in shares of Arch Capital Group by 24.8% during the 4th quarter. Parallel Advisors LLC now owns 1,424 shares of the insurance provider’s stock worth $61,000 after acquiring an additional 283 shares in the last quarter. World Asset Management Inc raised its position in Arch Capital Group by 2.5% in the third quarter. World Asset Management Inc now owns 12,273 shares of the insurance provider’s stock valued at $515,000 after purchasing an additional 305 shares during the period. Financial Advantage Inc. raised its position in Arch Capital Group by 0.3% in the third quarter. Financial Advantage Inc. now owns 119,263 shares of the insurance provider’s stock valued at $5,006,000 after purchasing an additional 310 shares during the period. TCI Wealth Advisors Inc. raised its position in Arch Capital Group by 89.1% in the fourth quarter. TCI Wealth Advisors Inc. now owns 660 shares of the insurance provider’s stock valued at $28,000 after purchasing an additional 311 shares during the period. Finally, Oppenheimer Asset Management Inc. raised its position in Arch Capital Group by 2.2% in the third quarter. Oppenheimer Asset Management Inc. now owns 15,226 shares of the insurance provider’s stock valued at $640,000 after purchasing an additional 329 shares during the period. Hedge funds and other institutional investors own 79.34% of the company’s stock.

In related news, CEO Maamoun Rajeh sold 25,000 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $41.60, for a total transaction of $1,040,000.00. Following the completion of the transaction, the chief executive officer now directly owns 302,517 shares of the company’s stock, valued at approximately $12,584,707.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Louis T. Petrillo sold 13,349 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $40.83, for a total value of $545,039.67. Insiders have sold a total of 48,249 shares of company stock valued at $1,991,138 over the last three months. 5.20% of the stock is currently owned by insiders.

A number of equities research analysts have commented on ACGL shares. BidaskClub upgraded Arch Capital Group from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. MKM Partners lifted their target price on Arch Capital Group from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Cfra lifted their target price on Arch Capital Group from $48.00 to $55.00 and gave the company a “buy” rating in a research report on Wednesday. Wells Fargo & Co upgraded Arch Capital Group from an “equal weight” rating to an “overweight” rating and set a $48.00 target price on the stock in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. downgraded Arch Capital Group from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $44.00 to $40.00 in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, five have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $43.34.

Shares of ACGL stock traded down $0.36 on Friday, hitting $47.47. The stock had a trading volume of 461,037 shares, compared to its average volume of 1,413,417. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.69 and a quick ratio of 0.69. The firm has a market capitalization of $19.29 billion, a P/E ratio of 13.88, a P/E/G ratio of 1.56 and a beta of 0.62. Arch Capital Group Ltd. has a 1 year low of $31.09 and a 1 year high of $47.94. The company’s 50 day moving average price is $44.44 and its 200-day moving average price is $41.72.

Arch Capital Group (NASDAQ:ACGL) last released its earnings results on Tuesday, February 11th. The insurance provider reported $0.74 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.07. Arch Capital Group had a return on equity of 10.31% and a net margin of 21.97%. The firm had revenue of $1.67 billion during the quarter. On average, equities analysts forecast that Arch Capital Group Ltd. will post 2.74 EPS for the current year.

About Arch Capital Group

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; 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.

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

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