Dimensional Fund Advisors LP raised its position in Arch Capital Group Ltd. (NASDAQ:ACGL) by 1.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 813,542 shares of the insurance provider’s stock after acquiring an additional 12,810 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.62% of Arch Capital Group worth $80,135,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. increased its position in shares of Arch Capital Group by 5.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 401,129 shares of the insurance provider’s stock valued at $37,422,000 after buying an additional 19,287 shares during the period. State of Wisconsin Investment Board increased its position in shares of Arch Capital Group by 152.0% during the second quarter. State of Wisconsin Investment Board now owns 86,703 shares of the insurance provider’s stock valued at $8,089,000 after buying an additional 52,300 shares during the period. Legal & General Group Plc increased its position in shares of Arch Capital Group by 9.4% during the second quarter. Legal & General Group Plc now owns 740,439 shares of the insurance provider’s stock valued at $69,088,000 after buying an additional 63,379 shares during the period. Marshall Wace North America L.P. increased its position in shares of Arch Capital Group by 84.7% during the second quarter. Marshall Wace North America L.P. now owns 9,724 shares of the insurance provider’s stock valued at $904,000 after buying an additional 4,459 shares during the period. Finally, Aviva PLC increased its position in shares of Arch Capital Group by 5.6% during the second quarter. Aviva PLC now owns 74,831 shares of the insurance provider’s stock valued at $6,979,000 after buying an additional 3,985 shares during the period. Hedge funds and other institutional investors own 79.41% of the company’s stock.

ACGL has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Arch Capital Group from a “sell” rating to a “hold” rating in a research report on Thursday, October 12th. Royal Bank of Canada reiterated a “buy” rating and set a $113.00 price target on shares of Arch Capital Group in a research report on Friday, October 27th. BidaskClub cut shares of Arch Capital Group from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. Wells Fargo & Co set a $100.00 price target on shares of Arch Capital Group and gave the company a “hold” rating in a research report on Sunday, December 10th. Finally, UBS Group reiterated a “buy” rating on shares of Arch Capital Group in a research report on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. Arch Capital Group has an average rating of “Hold” and a consensus price target of $100.80.

In other Arch Capital Group news, CFO Mark Donald Lyons sold 5,500 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $92.04, for a total value of $506,220.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Louis T. Petrillo sold 5,921 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $91.07, for a total transaction of $539,225.47. Following the completion of the sale, the insider now owns 43,268 shares in the company, valued at approximately $3,940,416.76. The disclosure for this sale can be found here. In the last 90 days, insiders sold 65,975 shares of company stock worth $6,256,989. Corporate insiders own 6.60% of the company’s stock.

Shares of Arch Capital Group Ltd. (NASDAQ ACGL) opened at $89.71 on Friday. The firm has a market cap of $11,770.00, a PE ratio of 29.03, a price-to-earnings-growth ratio of 2.59 and a beta of 0.67. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.49. Arch Capital Group Ltd. has a fifty-two week low of $84.21 and a fifty-two week high of $102.60.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings data on Wednesday, October 25th. The insurance provider reported ($0.79) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.59) by ($0.20). The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Arch Capital Group had a return on equity of 5.57% and a net margin of 9.44%. Arch Capital Group’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.14 EPS. equities analysts expect that Arch Capital Group Ltd. will post 3.15 EPS for the current year.

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About Arch Capital Group

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

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

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