$1.40 EPS Expected for Arch Capital Group Ltd. (ACGL)

July 17, 2017 - By Nellie Frank

 $1.40 EPS Expected for Arch Capital Group Ltd. (ACGL)
Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.03, from 0.97 in 2016Q3. It is negative, as 15 investors sold Arch Capital Group Ltd. shares while 119 reduced holdings. 44 funds opened positions while 82 raised stakes. 93.26 million shares or 1.55% more from 91.83 million shares in 2016Q3 were reported.
Caisse De Depot Et Placement Du Quebec has invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Blackrock Ltd Liability Corp has 91,576 shares for 0.01% of their portfolio. Canada Pension Plan Invest Board reported 122,524 shares stake. Sumitomo Mitsui Asset Management Comm, a Japan-based fund reported 8,549 shares. Commonwealth Equity invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Commonwealth National Bank Of Aus accumulated 13,115 shares. Jfs Wealth Advisors Ltd Llc stated it has 0.22% in Arch Capital Group Ltd. (NASDAQ:ACGL). Legal General Public Ltd Co invested in 628,425 shares. Denali Advisors Ltd Liability Co holds 1.06% or 70,995 shares in its portfolio. Natixis Asset Mngmt holds 0.04% or 5,206 shares. Aqr Ltd Limited Liability Company holds 0.07% or 562,593 shares. Evercore Wealth Management Limited Liability Company owns 2,150 shares for 0.01% of their portfolio. Ibm Retirement Fund stated it has 9,239 shares. Carroll Fin Associate invested in 0% or 55 shares. Ruane Cunniff & Goldfarb Inc invested in 0.01% or 9,488 shares.

Since February 15, 2017, it had 0 buys, and 16 selling transactions for $29.05 million activity. The insider Lyons Mark Donald sold 13,000 shares worth $1.23 million. Hutchings W Preston sold 8,000 shares worth $751,280. Papadopoulo Nicolas also sold $1.50 million worth of Arch Capital Group Ltd. (NASDAQ:ACGL) on Tuesday, May 2. 37,168 shares valued at $3.55M were sold by IORDANOU CONSTANTINE on Thursday, May 18. Vollaro John D sold 10,000 shares worth $973,065. PETRILLO LOUIS T sold $283,998 worth of Arch Capital Group Ltd. (NASDAQ:ACGL) on Wednesday, May 24. $2.22M worth of Arch Capital Group Ltd. (NASDAQ:ACGL) shares were sold by GRANDISSON MARC.

Analysts await Arch Capital Group Ltd. (NASDAQ:ACGL) to report earnings on July, 26. They expect $1.40 EPS, up 23.89 % or $0.27 from last year’s $1.13 per share. ACGL’s profit will be $172.72 million for 17.24 P/E if the $1.40 EPS becomes a reality. After $1.42 actual EPS reported by Arch Capital Group Ltd. for the previous quarter, Wall Street now forecasts -1.41 % negative EPS growth. The stock increased 0.40% or $0.38 during the last trading session, reaching $96.54. About 367,305 shares traded. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 33.14% since July 18, 2016 and is uptrending. It has outperformed by 16.44% the S&P500.

Arch Capital Group Ltd. (NASDAQ:ACGL) Ratings Coverage

Among 14 analysts covering Arch Capital (NASDAQ:ACGL), 5 have Buy rating, 1 Sell and 8 Hold. Therefore 36% are positive. Arch Capital had 29 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, August 10 by Zacks. On Tuesday, August 30 the stock rating was maintained by M Partners with “Buy”. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) has “Equal-Weight” rating given on Thursday, September 15 by Barclays Capital. RBC Capital Markets maintained Arch Capital Group Ltd. (NASDAQ:ACGL) on Monday, July 10 with “Buy” rating. The rating was downgraded by Bank of America on Friday, October 30 to “Underperform”. The firm earned “Market Perform” rating on Wednesday, August 17 by Wood. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, May 29 report. Deutsche Bank maintained it with “Hold” rating and $69 target in Friday, July 31 report. The company was initiated on Friday, January 6 by Credit Suisse. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, February 11 report.

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The company has market cap of $11.91 billion. The Firm provides a range of property, casualty and mortgage insurance and reinsurance lines. It has a 16.44 P/E ratio. The Firm operates in five divisions: insurance, reinsurance, mortgage, other and corporate.

More notable recent Arch Capital Group Ltd. (NASDAQ:ACGL) news were published by: Businesswire.com which released: “Arch Capital Group Ltd. Announces Secondary Public Offering of 6381410 Common …” on June 08, 2017, also Businesswire.com with their article: “Arch Capital Group Ltd. Announces Closing of Partial Exercise of Option for an …” published on June 19, 2017, Reuters.com published: “BRIEF-Arch Capital Group expects Q2 pre-tax underwriting income to be …” on June 06, 2017. More interesting news about Arch Capital Group Ltd. (NASDAQ:ACGL) were released by: Businesswire.com and their article: “Arch Capital Group Ltd. Announces Closing of Acquisition of AIG United …” published on July 05, 2017 as well as Businesswire.com‘s news article titled: “Arch Capital Group Ltd. to Report 2017 Second Quarter Results on July 26, 2017” with publication date: June 27, 2017.

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