Bensler LLC Has $1.90 Million Stock Position in Arch Capital Group Ltd. (NASDAQ:ACGL)

Bensler LLC raised its holdings in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 8.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,589 shares of the insurance provider’s stock after purchasing an additional 1,668 shares during the period. Bensler LLC’s holdings in Arch Capital Group were worth $1,901,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP acquired a new position in Arch Capital Group during the 3rd quarter valued at about $25,000. Compagnie Lombard Odier SCmA acquired a new position in Arch Capital Group during the 3rd quarter valued at about $46,000. UMB Bank n.a. lifted its position in Arch Capital Group by 41.9% during the 3rd quarter. UMB Bank n.a. now owns 427 shares of the insurance provider’s stock valued at $48,000 after purchasing an additional 126 shares during the period. Asset Dedication LLC lifted its position in Arch Capital Group by 188.1% during the 3rd quarter. Asset Dedication LLC now owns 435 shares of the insurance provider’s stock valued at $49,000 after purchasing an additional 284 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of Arch Capital Group in the 3rd quarter valued at approximately $50,000. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Arch Capital Group Stock Up 3.8 %

Shares of NASDAQ ACGL opened at $96.33 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.58 and a current ratio of 0.58. Arch Capital Group Ltd. has a 52 week low of $79.00 and a 52 week high of $116.47. The stock has a market capitalization of $36.24 billion, a P/E ratio of 6.46, a PEG ratio of 1.52 and a beta of 0.64. The stock’s fifty day moving average is $94.43 and its 200 day moving average is $101.43.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.99 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.05. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. The company had revenue of $4.72 billion for the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter last year, the business earned $2.31 earnings per share. Sell-side analysts forecast that Arch Capital Group Ltd. will post 8.86 earnings per share for the current fiscal year.

Arch Capital Group Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, December 4th. Investors of record on Monday, November 18th were given a $5.00 dividend. The ex-dividend date was Monday, November 18th.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on ACGL shares. Bank of America cut their price target on shares of Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a research report on Friday, November 15th. JMP Securities increased their price target on shares of Arch Capital Group from $115.00 to $125.00 and gave the company a “market outperform” rating in a research report on Tuesday, October 15th. Barclays cut their price target on shares of Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating on the stock in a research report on Monday, January 6th. Jefferies Financial Group increased their target price on Arch Capital Group from $114.00 to $134.00 and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. lowered their target price on Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating for the company in a research note on Friday, January 3rd. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $118.00.

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.