2 weeks Ago By ABMN Staff
CreativeOne Wealth LLC lifted its stake in shares of Arch Capital Group Ltd. ( NASDAQ:ACGL – Free Report ) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The fund owned 2,682 shares of the insurance provider’s stock after buying an additional 126 shares during the period. CreativeOne Wealth LLC’s holdings in Arch Capital Group were worth $248,000 at the end of the most recent quarter. Several other institutional investors have also bought and sold shares of the stock.
Vanguard Group Inc. boosted its holdings in Arch Capital Group by 0.4% during the 4th quarter.
Vanguard Group Inc. now owns 41,999,603 shares of the insurance provider’s stock worth $3,878,663,000 after acquiring an additional 182,150 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Arch Capital Group by 1.
7% during the fourth quarter. Geode Capital Management LLC now owns 11,010,756 shares of the insurance provider’s stock worth $1,014,648,000 after purchasing an additional 180,493 shares during the last quarter. Principal Financial Group Inc.
grew its position in Arch Capital Group by 10.5% in the 4th quarter. Principal Financial Group Inc.
now owns 8,222,244 shares of the insurance provider’s stock worth $759,324,000 after purchasing an additional 783,506 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Arch Capital Group by 4.4% in the 4th quarter.
Allspring Global Investments Holdings LLC now owns 5,350,868 shares of the insurance provider’s stock valued at $488,992,000 after buying an additional 226,617 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Arch Capital Group during the 4th quarter worth approximately $437,291,000. Institutional investors own 89.
07% of the company’s stock. Insider Buying and Selling at Arch Capital Group In related news, insider Louis T. Petrillo sold 11,600 shares of the stock in a transaction on Wednesday, March 5th.
The stock was sold at an average price of $91.00, for a total value of $1,055,600.00.
Following the sale, the insider now owns 140,023 shares in the company, valued at approximately $12,742,093. This trade represents a 7.65 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the SEC, which is accessible through the SEC website . Insiders own 4.20% of the company’s stock.
Wall Street Analysts Forecast Growth Read Our Latest Stock Report on Arch Capital Group Arch Capital Group Stock Performance Shares of ACGL opened at $92.59 on Monday. The company has a debt-to-equity ratio of 0.
15, a quick ratio of 0.58 and a current ratio of 0.54.
The stock has a market capitalization of $34.79 billion, a price-to-earnings ratio of 8.27, a price-to-earnings-growth ratio of 2.
31 and a beta of 0.36. Arch Capital Group Ltd.
has a 52-week low of $82.49 and a 52-week high of $116.47.
The stock’s 50-day simple moving average is $91.55 and its 200 day simple moving average is $95.68.
Arch Capital Group ( NASDAQ:ACGL – Get Free Report ) last announced its quarterly earnings results on Monday, February 10th. The insurance provider reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.
90 by $0.36. Arch Capital Group had a net margin of 24.
73% and a return on equity of 17.96%. During the same period in the prior year, the business earned $2.
45 EPS. Research analysts forecast that Arch Capital Group Ltd. will post 8.
42 EPS for the current fiscal year. About Arch Capital Group ( Free Report ) 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. Featured Articles Receive News & Ratings for Arch Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arch Capital Group and related companies with MarketBeat.com's FREE daily email newsletter .
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