Coppell Advisory Solutions LLC Raises Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Coppell Advisory Solutions LLC lifted its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL) by 281.3% in the fourth quarter, HoldingsChannel reports. The firm owned 1,037 shares of the insurance provider’s stock after purchasing an additional 765 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Arch Capital Group were worth $95,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ACGL. Oregon Public Employees Retirement Fund increased its holdings in shares of Arch Capital Group by 0.3% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 32,147 shares of the insurance provider’s stock worth $2,969,000 after buying an additional 110 shares during the last quarter. CreativeOne Wealth LLC grew its position in Arch Capital Group by 4.9% in the fourth quarter. CreativeOne Wealth LLC now owns 2,682 shares of the insurance provider’s stock worth $248,000 after acquiring an additional 126 shares in the last quarter. HBK Sorce Advisory LLC increased its stake in Arch Capital Group by 5.7% during the fourth quarter. HBK Sorce Advisory LLC now owns 2,373 shares of the insurance provider’s stock worth $219,000 after acquiring an additional 127 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in Arch Capital Group by 5.9% during the fourth quarter. Flagship Harbor Advisors LLC now owns 2,315 shares of the insurance provider’s stock valued at $214,000 after purchasing an additional 129 shares during the period. Finally, Avidian Wealth Enterprises LLC lifted its stake in shares of Arch Capital Group by 4.5% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 3,083 shares of the insurance provider’s stock valued at $285,000 after purchasing an additional 132 shares during the last quarter. Institutional investors own 89.07% of the company’s stock.

Insider Buying and Selling

In other Arch Capital Group news, insider Louis T. Petrillo sold 11,600 shares of Arch Capital Group stock in a transaction dated 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 transaction, the insider now owns 140,023 shares in the company, valued at $12,742,093. The trade was a 7.65 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ACGL. JMP Securities restated a “market outperform” rating and issued a $125.00 price target on shares of Arch Capital Group in a research report on Tuesday, February 11th. Royal Bank of Canada lowered their target price on shares of Arch Capital Group from $125.00 to $110.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. upped their price target on shares of Arch Capital Group from $106.00 to $107.00 and gave the company a “neutral” rating in a report on Tuesday, April 8th. Barclays decreased their price objective on shares of Arch Capital Group from $100.00 to $93.00 and set an “equal weight” rating for the company in a research note on Friday, April 11th. Finally, UBS Group cut their target price on Arch Capital Group from $127.00 to $124.00 and set a “buy” rating on the stock in a research note on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $114.88.

Arch Capital Group Trading Down 1.5 %

NASDAQ:ACGL opened at $90.68 on Friday. The firm has a 50-day simple moving average of $91.85 and a 200-day simple moving average of $95.23. Arch Capital Group Ltd. has a one year low of $82.49 and a one year high of $116.47. The firm has a market cap of $34.07 billion, a P/E ratio of 8.10, a P/E/G ratio of 2.31 and a beta of 0.36. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.58 and a current ratio of 0.54.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, topping 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 prior year, the business earned $2.45 earnings per share. Equities analysts anticipate that Arch Capital Group Ltd. will post 8.42 EPS for the current fiscal year.

Arch Capital Group Company Profile

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.