Bramshill Investments LLC Makes New $462,000 Investment in Arch Capital Group Ltd. (NASDAQ:ACGL)

Bramshill Investments LLC acquired a new stake in Arch Capital Group Ltd. (NASDAQ:ACGL) during the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 5,000 shares of the insurance provider’s stock, valued at approximately $462,000.

Other institutional investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new position in Arch Capital Group during the 4th quarter valued at approximately $37,000. Golden State Wealth Management LLC purchased a new stake in Arch Capital Group in the fourth quarter worth $42,000. Y.D. More Investments Ltd increased its position in Arch Capital Group by 125.6% during the 4th quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock valued at $43,000 after purchasing an additional 260 shares during the period. Quarry LP purchased a new stake in Arch Capital Group in the fourth quarter worth about $58,000. Finally, UMB Bank n.a. boosted its holdings in shares of Arch Capital Group by 97.0% during the 4th quarter. UMB Bank n.a. now owns 841 shares of the insurance provider’s stock valued at $78,000 after buying an additional 414 shares in the last quarter. 89.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Louis T. Petrillo sold 11,600 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $91.00, for a total transaction of $1,055,600.00. Following the completion of the transaction, the insider now directly owns 140,023 shares in the company, valued at approximately $12,742,093. This represents a 7.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 4.20% of the company’s stock.

Arch Capital Group Trading Up 3.1 %

Arch Capital Group stock opened at $92.48 on Monday. The business has a 50-day simple moving average of $92.06 and a two-hundred day simple moving average of $94.33. Arch Capital Group Ltd. has a 52-week low of $82.49 and a 52-week high of $116.47. The company has a quick ratio of 0.58, a current ratio of 0.54 and a debt-to-equity ratio of 0.15. The company has a market cap of $34.75 billion, a P/E ratio of 8.26, a P/E/G ratio of 2.31 and a beta of 0.57.

Arch Capital Group (NASDAQ:ACGL) last posted its quarterly earnings data on Tuesday, April 29th. The insurance provider reported $1.54 EPS for the quarter, missing the consensus estimate of $1.59 by ($0.05). The company had revenue of $4.52 billion during the quarter, compared to the consensus estimate of $4.75 billion. Arch Capital Group had a return on equity of 17.96% and a net margin of 24.73%. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the business earned $2.45 EPS. Analysts predict that Arch Capital Group Ltd. will post 8.42 EPS for the current year.

Analyst Upgrades and Downgrades

ACGL has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price target on shares of Arch Capital Group from $106.00 to $107.00 and gave the company a “neutral” rating in a research report on Tuesday, April 8th. Keefe, Bruyette & Woods dropped their price target on Arch Capital Group from $120.00 to $113.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Barclays reduced their price objective on Arch Capital Group from $100.00 to $93.00 and set an “equal weight” rating for the company in a research report on Friday, April 11th. JMP Securities reissued a “market outperform” rating and issued a $125.00 target price on shares of Arch Capital Group in a report on Wednesday, April 30th. Finally, UBS Group reduced their price target on Arch Capital Group from $127.00 to $124.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $115.00.

About Arch Capital Group

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