Arch Capital Group Ltd (NASDAQ:ACGL) Covered By Yet Another Research Firm

September 17, 2017 - By Vivian Currie

 Arch Capital Group Ltd (NASDAQ:ACGL) Covered By Yet Another Research Firm

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.03, from 0.97 in 2016Q3. It fall, 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.

Howe & Rusling invested in 0% or 97 shares. Deutsche Commercial Bank Ag accumulated 201,865 shares. Citigroup has invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Teacher Retirement Sys Of Texas reported 32,489 shares. Rafferty Asset Management Ltd Liability, New York-based fund reported 5,768 shares. 5,000 were reported by Old Mutual Customised Solutions (Proprietary) Limited. Livforsakringsbolaget Skandia Omsesidigt has 0.04% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 8,950 shares. Lazard Asset Management Ltd Llc owns 156,917 shares. Pinebridge Invests L P holds 18,372 shares or 0.05% of its portfolio. France-based Credit Agricole S A has invested 0.06% in Arch Capital Group Ltd. (NASDAQ:ACGL). Moreover, Los Angeles Capital And Equity Research has 0.08% invested in Arch Capital Group Ltd. (NASDAQ:ACGL). Franklin Resource stated it has 1.06M shares or 0.05% of all its holdings. 27,399 were reported by Zacks Inv. Amer Intl Gp holds 8,547 shares. Cornerstone Holdg Limited Com holds 280 shares.

Since May 2, 2017, it had 0 insider buys, and 9 sales for $15.64 million activity. 2,033 shares were sold by Vollaro John D, worth $197,842. $773,103 worth of Arch Capital Group Ltd. (NASDAQ:ACGL) was sold by Lyons Mark Donald. Papadopoulo Nicolas also sold $1.91M worth of Arch Capital Group Ltd. (NASDAQ:ACGL) on Thursday, May 18. PETRILLO LOUIS T sold 2,990 shares worth $283,998. Another trade for 62,832 shares valued at $5.97 million was sold by IORDANOU CONSTANTINE.

Why Has Buckingham Given Arch Capital Group Ltd (NASDAQ:ACGL) a $106.0 Price Target

Equities researchers at Buckingham has started coverage on shares of Arch Capital Group Ltd (NASDAQ:ACGL) in a research note shared with investors and clients on Monday morning. The financial company set Buy rating on the stock. Buckingham’s target of $106.0 suggests potential of 9.95 % from the stock’s previous stock close.

Investors sentiment decreased to 0.94 in 2016 Q4. Its down 0.03, from 0.97 in 2016Q3. It fall, 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.

Howe & Rusling invested in 0% or 97 shares. Deutsche Commercial Bank Ag accumulated 201,865 shares. Citigroup has invested 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Teacher Retirement Sys Of Texas reported 32,489 shares. Rafferty Asset Management Ltd Liability, New York-based fund reported 5,768 shares. 5,000 were reported by Old Mutual Customised Solutions (Proprietary) Limited. Livforsakringsbolaget Skandia Omsesidigt has 0.04% invested in Arch Capital Group Ltd. (NASDAQ:ACGL) for 8,950 shares. Lazard Asset Management Ltd Llc owns 156,917 shares. Pinebridge Invests L P holds 18,372 shares or 0.05% of its portfolio. France-based Credit Agricole S A has invested 0.06% in Arch Capital Group Ltd. (NASDAQ:ACGL). Moreover, Los Angeles Capital And Equity Research has 0.08% invested in Arch Capital Group Ltd. (NASDAQ:ACGL). Franklin Resource stated it has 1.06M shares or 0.05% of all its holdings. 27,399 were reported by Zacks Inv. Amer Intl Gp holds 8,547 shares. Cornerstone Holdg Limited Com holds 280 shares.

Since May 2, 2017, it had 0 insider buys, and 9 sales for $15.64 million activity. 2,033 shares were sold by Vollaro John D, worth $197,842. $773,103 worth of Arch Capital Group Ltd. (NASDAQ:ACGL) was sold by Lyons Mark Donald. Papadopoulo Nicolas also sold $1.91M worth of Arch Capital Group Ltd. (NASDAQ:ACGL) on Thursday, May 18. PETRILLO LOUIS T sold 2,990 shares worth $283,998. Another trade for 62,832 shares valued at $5.97 million was sold by IORDANOU CONSTANTINE.

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 has $120.0 highest and $67 lowest target. $90.55’s average target is -6.08% below currents $96.41 stock price. Arch Capital had 35 analyst reports since July 31, 2015 according to SRatingsIntel. Wood maintained the shares of ACGL in report on Wednesday, August 17 with “Market Perform” rating. UBS upgraded the shares of ACGL in report on Tuesday, September 6 to “Buy” rating. The rating was maintained by RBC Capital Markets with “Buy” on Monday, August 28. The rating was maintained by Keefe Bruyette & Woods on Monday, May 29 with “Hold”. The rating was maintained by Keefe Bruyette & Woods with “Market Perform” on Friday, August 5. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Buy” rating by RBC Capital Markets on Thursday, July 27. The company was maintained on Thursday, July 30 by M Partners. The firm has “Hold” rating by Deutsche Bank given on Friday, July 31. The firm has “Outperform” rating by RBC Capital Markets given on Friday, July 31. The rating was downgraded by Barclays Capital to “Equal-Weight” on Thursday, September 15.

The stock decreased 0.07% or $0.07 on September 15, reaching $96.41. About 1.05M shares traded or 72.25% up from the average. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 33.14% since September 17, 2016 and is uptrending. It has outperformed by 16.44% the S&P500.

Analysts expect Arch Capital Group Ltd. (NASDAQ:ACGL) to report $1.14 EPS on October, 25.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $1.14 EPS. ACGL’s profit would be $148.99M giving it 21.14 P/E if the $1.14 EPS is correct. After having $1.21 EPS previously, Arch Capital Group Ltd.’s analysts see -5.79 % EPS growth.

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The company has market cap of $12.60 billion. The Firm provides a range of property, casualty and mortgage insurance and reinsurance lines. It has a 17.63 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: Nasdaq.com which released: “Arch Capital Group Ltd (ACGL) CEO of Arch Reinsurance Group Nicolas …” on September 11, 2017, also Businesswire.com with their article: “Arch Capital Group Ltd. Announces Secondary Public Offering of 6381410 Common …” published on June 08, 2017, Seekingalpha.com published: “Hurricane Irma slams into Florida” on September 10, 2017. More interesting news about Arch Capital Group Ltd. (NASDAQ:ACGL) were released by: Nasdaq.com and their article: “Arch Capital Group is Now Oversold (ACGL)” published on September 07, 2017 as well as Businesswire.com‘s news article titled: “Arch Capital Group Ltd. Announces Closing of $200 Million Public Offering of …” with publication date: August 17, 2017.

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