282,480 Shares in Arch Capital Group Ltd. $ACGL Purchased by PFA Pension Forsikringsaktieselskab

PFA Pension Forsikringsaktieselskab acquired a new position in shares of Arch Capital Group Ltd. (NASDAQ:ACGLFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 282,480 shares of the insurance provider’s stock, valued at approximately $27,305,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACGL. Geneos Wealth Management Inc. lifted its position in shares of Arch Capital Group by 157.9% during the first quarter. Geneos Wealth Management Inc. now owns 673 shares of the insurance provider’s stock worth $65,000 after purchasing an additional 412 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Arch Capital Group in the second quarter valued at approximately $253,000. CW Advisors LLC grew its holdings in shares of Arch Capital Group by 6.5% in the second quarter. CW Advisors LLC now owns 3,098 shares of the insurance provider’s stock valued at $282,000 after purchasing an additional 189 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Arch Capital Group in the second quarter valued at approximately $667,000. Finally, Cerity Partners LLC grew its holdings in shares of Arch Capital Group by 11.6% in the second quarter. Cerity Partners LLC now owns 47,486 shares of the insurance provider’s stock valued at $4,324,000 after purchasing an additional 4,933 shares in the last quarter. 89.07% of the stock is owned by institutional investors and hedge funds.

More Arch Capital Group News

Here are the key news stories impacting Arch Capital Group this week:

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup lifted their price objective on shares of Arch Capital Group from $120.00 to $122.50 and gave the company a “buy” rating in a report on Thursday. Keefe, Bruyette & Woods lifted their price objective on shares of Arch Capital Group from $104.00 to $105.00 and gave the company a “market perform” rating in a report on Tuesday, April 7th. JPMorgan Chase & Co. dropped their price objective on shares of Arch Capital Group from $117.00 to $110.00 and set a “neutral” rating for the company in a report on Monday, April 20th. Evercore set a $100.00 price objective on shares of Arch Capital Group and gave the company an “in-line” rating in a report on Wednesday, January 7th. Finally, Weiss Ratings upgraded shares of Arch Capital Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 4th. Eight research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Arch Capital Group has an average rating of “Hold” and an average price target of $106.61.

Check Out Our Latest Report on ACGL

Insider Buying and Selling

In other news, insider Maamoun Rajeh sold 47,430 shares of the business’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $96.12, for a total transaction of $4,558,971.60. Following the completion of the transaction, the insider directly owned 433,589 shares of the company’s stock, valued at approximately $41,676,574.68. The trade was a 9.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Nicolas Papadopoulo sold 21,930 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $96.31, for a total value of $2,112,078.30. Following the transaction, the chief executive officer directly owned 871,594 shares of the company’s stock, valued at approximately $83,943,218.14. This represents a 2.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 78,267 shares of company stock valued at $7,291,637. Corporate insiders own 3.30% of the company’s stock.

Arch Capital Group Stock Performance

Shares of Arch Capital Group stock opened at $93.82 on Monday. Arch Capital Group Ltd. has a one year low of $82.44 and a one year high of $103.39. The company has a market cap of $33.43 billion, a PE ratio of 7.21, a P/E/G ratio of 5.12 and a beta of 0.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.53 and a current ratio of 0.55. The business has a 50-day simple moving average of $96.37 and a 200-day simple moving average of $94.23.

Arch Capital Group (NASDAQ:ACGLGet Free Report) last announced its quarterly earnings data 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 business had revenue of $4.52 billion during the quarter. On average, equities research analysts forecast that Arch Capital Group Ltd. will post 9.35 EPS for the current fiscal year.

Arch Capital Group Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ACGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Arch Capital Group Ltd. (NASDAQ:ACGLFree Report).

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

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