Universal Beteiligungs und Servicegesellschaft mbH Boosts Stake in Arch Capital Group Ltd. $ACGL

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in Arch Capital Group Ltd. (NASDAQ:ACGL) by 33.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 292,070 shares of the insurance provider’s stock after purchasing an additional 73,161 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.08% of Arch Capital Group worth $28,045,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ACGL. WealthCollab LLC raised its holdings in shares of Arch Capital Group by 410.3% in the 3rd quarter. WealthCollab LLC now owns 296 shares of the insurance provider’s stock valued at $27,000 after buying an additional 238 shares during the period. JPL Wealth Management LLC purchased a new position in Arch Capital Group during the 3rd quarter valued at about $28,000. Aventura Private Wealth LLC acquired a new position in Arch Capital Group in the 4th quarter valued at about $30,000. Grove Bank & Trust purchased a new stake in Arch Capital Group during the fourth quarter worth about $30,000. Finally, TD Waterhouse Canada Inc. increased its stake in Arch Capital Group by 72.7% during the fourth quarter. TD Waterhouse Canada Inc. now owns 323 shares of the insurance provider’s stock worth $31,000 after purchasing an additional 136 shares during the period. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently commented on ACGL shares. Royal Bank Of Canada raised their price objective on shares of Arch Capital Group from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. UBS Group reaffirmed a “buy” rating and set a $114.00 target price (up from $113.00) on shares of Arch Capital Group in a research note on Tuesday, February 17th. The Goldman Sachs Group reissued a “sell” rating and issued a $93.00 price target (up from $84.00) on shares of Arch Capital Group in a research report on Wednesday, January 7th. Morgan Stanley set a $125.00 price target on shares of Arch Capital Group in a research note on Friday, January 16th. Finally, Wells Fargo & Company increased their price objective on Arch Capital Group from $106.00 to $109.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Arch Capital Group presently has an average rating of “Hold” and an average price target of $108.93.

Insider Transactions at Arch Capital Group

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 value of $4,558,971.60. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David Gansberg sold 5,907 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $96.37, for a total value of $569,257.59. Following the completion of the sale, the insider directly owned 336,559 shares of the company’s stock, valued at approximately $32,434,190.83. This trade represents a 1.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 78,267 shares of company stock worth $7,291,637 over the last three months. 3.30% of the stock is currently owned by company insiders.

Arch Capital Group Trading Up 1.3%

Shares of Arch Capital Group stock opened at $98.07 on Friday. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $96.68 and a 200-day simple moving average of $94.11. The stock has a market cap of $34.94 billion, a price-to-earnings ratio of 8.44, a PEG ratio of 4.82 and a beta of 0.41. Arch Capital Group Ltd. has a 12-month low of $82.44 and a 12-month high of $103.39.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings results on Monday, February 9th. The insurance provider reported $2.98 EPS for the quarter, topping the consensus estimate of $2.34 by $0.64. Arch Capital Group had a net margin of 22.07% and a return on equity of 16.73%. The firm had revenue of $4.93 billion for the quarter, compared to analyst estimates of $3.94 billion. During the same period last year, the business earned $2.26 EPS. On average, equities analysts forecast that Arch Capital Group Ltd. will post 9.34 EPS for the current fiscal year.

Arch Capital Group Company Profile

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.