$1.56 EPS Expected for Arch Capital Group Ltd. (ACGL)

March 23, 2018 - By Nellie Frank

 $1.56 EPS Expected for Arch Capital Group Ltd. (ACGL)
Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.19, from 1.22 in 2017Q2. It dived, as 38 investors sold Arch Capital Group Ltd. shares while 81 reduced holdings. 26 funds opened positions while 96 raised stakes. 102.75 million shares or 3.97% more from 98.82 million shares in 2017Q2 were reported.
Pacad Invest invested in 0.09% or 4,200 shares. 87 are owned by Point72 Asia (Hong Kong) Ltd. Royal Fincl Bank Of Canada holds 0% or 65,577 shares in its portfolio. Cubist Systematic Strategies Limited Liability Com invested in 5,915 shares. Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in Arch Capital Group Ltd. (NASDAQ:ACGL). Vident Inv Advisory Lc has invested 0.04% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL). Da Davidson stated it has 0.11% in Arch Capital Group Ltd. (NASDAQ:ACGL). Toronto Dominion Bancorp accumulated 0% or 5,489 shares. Moreover, Wells Fargo Company Mn has 0.07% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 2.41M shares. Glob Endowment Mngmt L P, North Carolina-based fund reported 5,670 shares. United Kingdom-based Pictet Asset Mngmt Ltd has invested 0.01% in Arch Capital Group Ltd. (NASDAQ:ACGL). Us Retail Bank De stated it has 11,234 shares. Pictet North America Sa holds 0.18% or 11,502 shares in its portfolio. Schwab Charles Invest accumulated 260,486 shares. M&T Bancorporation holds 16,596 shares or 0.01% of its portfolio.

Since December 11, 2017, it had 1 buy, and 4 selling transactions for $1.85 million activity. $504,963 worth of Arch Capital Group Ltd. (NASDAQ:ACGL) was sold by Lyons Mark Donald. On Thursday, February 15 the insider IORDANOU CONSTANTINE bought $237,997.

Analysts expect Arch Capital Group Ltd. (NASDAQ:ACGL) to report $1.56 EPS on April, 24.They anticipate $0.14 EPS change or 9.86 % from last quarter’s $1.42 EPS. ACGL’s profit would be $213.25M giving it 13.52 P/E if the $1.56 EPS is correct. After having $1.34 EPS previously, Arch Capital Group Ltd.’s analysts see 16.42 % EPS growth. The stock decreased 1.70% or $1.46 during the last trading session, reaching $84.36. About 729,579 shares traded or 12.93% up from the average. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 33.14% since March 23, 2017 and is uptrending. It has outperformed by 16.44% the S&P500.

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

Among 15 analysts covering Arch Capital (NASDAQ:ACGL), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Arch Capital had 43 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Nomura given on Wednesday, November 11. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Hold” rating by Keefe Bruyette & Woods on Friday, August 11. Credit Suisse initiated the shares of ACGL in report on Friday, January 6 with “Outperform” rating. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Market Perform” rating by Wood on Monday, July 11. The firm earned “Buy” rating on Monday, August 28 by RBC Capital Markets. The stock has “Hold” rating by Wells Fargo on Wednesday, July 26. The rating was maintained by Keefe Bruyette & Woods with “Market Perform” on Friday, August 5. As per Friday, July 31, the company rating was maintained by Deutsche Bank. The stock has “Outperform” rating by RBC Capital Markets on Thursday, February 11. As per Tuesday, June 13, the company rating was maintained by Wells Fargo.

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide. The company has market cap of $11.53 billion. 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. It has a 20.73 P/E ratio. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employers?? liability insurance coverages; and contract and commercial surety coverages.

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