Clinton Group Inc. grew its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL) by 30.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,856 shares of the insurance provider’s stock after purchasing an additional 2,971 shares during the period. Clinton Group Inc.’s holdings in Arch Capital Group were worth $383,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Captrust Financial Advisors boosted its stake in shares of Arch Capital Group by 2,284.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,078 shares of the insurance provider’s stock worth $108,000 after buying an additional 3,907 shares during the last quarter. Hall Laurie J Trustee boosted its stake in shares of Arch Capital Group by 200.0% in the 2nd quarter. Hall Laurie J Trustee now owns 4,989 shares of the insurance provider’s stock worth $132,000 after buying an additional 3,326 shares during the last quarter. D Orazio & Associates Inc. boosted its stake in shares of Arch Capital Group by 200.0% in the 2nd quarter. D Orazio & Associates Inc. now owns 5,400 shares of the insurance provider’s stock worth $143,000 after buying an additional 3,600 shares during the last quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of Arch Capital Group by 226.1% in the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 5,880 shares of the insurance provider’s stock worth $156,000 after buying an additional 4,077 shares during the last quarter. Finally, Cerebellum GP LLC purchased a new position in shares of Arch Capital Group in the 3rd quarter worth $156,000. 80.61% of the stock is owned by institutional investors and hedge funds.

In related news, insider Louis T. Petrillo sold 9,573 shares of Arch Capital Group stock in a transaction on Friday, September 14th. The stock was sold at an average price of $30.43, for a total transaction of $291,306.39. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John D. Vollaro sold 10,500 shares of Arch Capital Group stock in a transaction on Monday, September 10th. The shares were sold at an average price of $30.06, for a total value of $315,630.00. The disclosure for this sale can be found here. Insiders have sold 35,073 shares of company stock worth $1,056,936 over the last quarter. 5.10% of the stock is owned by company insiders.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Arch Capital Group from a “buy” rating to a “hold” rating in a research note on Friday, October 5th. BidaskClub downgraded Arch Capital Group from a “sell” rating to a “strong sell” rating in a research note on Thursday, September 27th. Credit Suisse Group assumed coverage on Arch Capital Group in a research note on Tuesday, August 7th. They issued a “neutral” rating and a $34.00 price target on the stock. Royal Bank of Canada restated a “buy” rating on shares of Arch Capital Group in a research note on Thursday, August 2nd. Finally, Bank of America raised their price target on Arch Capital Group from $28.00 to $30.00 and gave the stock an “underperform” rating in a research note on Wednesday, August 1st. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Arch Capital Group presently has a consensus rating of “Hold” and a consensus price target of $20.29.

NASDAQ ACGL opened at $27.20 on Friday. The firm has a market cap of $12.08 billion, a P/E ratio of 25.70, a P/E/G ratio of 1.22 and a beta of 0.69. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.31. Arch Capital Group Ltd. has a fifty-two week low of $25.71 and a fifty-two week high of $34.20.

Arch Capital Group (NASDAQ:ACGL) last released its earnings results on Tuesday, July 31st. The insurance provider reported $0.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.06. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.24 billion. Arch Capital Group had a return on equity of 6.86% and a net margin of 10.47%. During the same period in the previous year, the business earned $1.21 earnings per share. On average, equities research analysts anticipate that Arch Capital Group Ltd. will post 2.23 EPS for the current year.

Arch Capital Group Profile

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. The company's Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; 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.

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

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