Robeco Institutional Asset Management B.V. Grows Stock Position in Arch Capital Group Ltd. (NASDAQ:ACGL)

Robeco Institutional Asset Management B.V. boosted its stake in Arch Capital Group Ltd. (NASDAQ:ACGL) by 8.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,062,324 shares of the insurance provider’s stock after acquiring an additional 81,757 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.28% of Arch Capital Group worth $98,106,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ACGL. Quantbot Technologies LP purchased a new position in Arch Capital Group in the 3rd quarter worth approximately $25,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Arch Capital Group in the 3rd quarter valued at approximately $46,000. UMB Bank n.a. raised its position in shares of Arch Capital Group by 41.9% in the 3rd quarter. UMB Bank n.a. now owns 427 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 126 shares in the last quarter. Asset Dedication LLC raised its position in shares of Arch Capital Group by 188.1% in the 3rd quarter. Asset Dedication LLC now owns 435 shares of the insurance provider’s stock valued at $49,000 after purchasing an additional 284 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Arch Capital Group in the 3rd quarter valued at approximately $50,000. Hedge funds and other institutional investors own 89.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ACGL shares. StockNews.com lowered Arch Capital Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 24th. Keefe, Bruyette & Woods cut their target price on Arch Capital Group from $121.00 to $120.00 and set an “outperform” rating on the stock in a research report on Friday, January 10th. Jefferies Financial Group upped their target price on Arch Capital Group from $114.00 to $134.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Evercore ISI upped their target price on Arch Capital Group from $104.00 to $107.00 and gave the company an “in-line” rating in a research report on Wednesday, October 9th. Finally, JMP Securities upped their price target on Arch Capital Group from $115.00 to $125.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, Arch Capital Group has an average rating of “Moderate Buy” and an average target price of $118.00.

Arch Capital Group Price Performance

Shares of NASDAQ ACGL opened at $95.21 on Wednesday. Arch Capital Group Ltd. has a 1-year low of $79.00 and a 1-year high of $116.47. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.58 and a quick ratio of 0.58. The business’s fifty day moving average price is $94.43 and its two-hundred day moving average price is $101.42. The firm has a market capitalization of $35.82 billion, a PE ratio of 6.39, a P/E/G ratio of 1.52 and a beta of 0.64.

Arch Capital Group (NASDAQ:ACGL) last issued its earnings results on Wednesday, October 30th. The insurance provider reported $1.99 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.05. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. The firm had revenue of $4.72 billion for the quarter, compared to analyst estimates of $4.05 billion. During the same period last year, the company earned $2.31 earnings per share. On average, research analysts expect that Arch Capital Group Ltd. will post 8.86 EPS for the current year.

Arch Capital Group Announces Dividend

The firm also recently declared a special dividend, which was paid on Wednesday, December 4th. Stockholders of record on Monday, November 18th were paid a $5.00 dividend. The ex-dividend date of this dividend was Monday, November 18th.

About Arch Capital Group

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.