UBS Group Issues Pessimistic Forecast for Arch Capital Group (NASDAQ:ACGL) Stock Price

Arch Capital Group (NASDAQ:ACGL) had its price target reduced by UBS Group from $131.00 to $127.00 in a report issued on Tuesday morning,Benzinga reports. They currently have a buy rating on the insurance provider’s stock.

A number of other equities research analysts have also recently issued reports on ACGL. Keefe, Bruyette & Woods decreased their price objective on shares of Arch Capital Group from $120.00 to $113.00 and set an “outperform” rating for the company in a report on Thursday, February 13th. JMP Securities reaffirmed a “market outperform” rating and set a $125.00 price objective on shares of Arch Capital Group in a research report on Tuesday, February 11th. Barclays decreased their price objective on Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating on the stock in a report on Monday, January 6th. JPMorgan Chase & Co. cut their price objective on Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating for the company in a research report on Friday, January 3rd. Finally, BMO Capital Markets lifted their target price on shares of Arch Capital Group from $98.00 to $104.00 and gave the stock a “market perform” rating in a report on Wednesday, November 6th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $117.19.

Arch Capital Group Trading Up 0.1 %

Arch Capital Group stock opened at $88.33 on Tuesday. Arch Capital Group has a 12-month low of $83.97 and a 12-month high of $116.47. The stock has a market capitalization of $33.23 billion, a PE ratio of 5.93, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64. The firm has a 50 day simple moving average of $92.27 and a 200-day simple moving average of $100.85. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.58 and a quick ratio of 0.58.

Arch Capital Group (NASDAQ:ACGL) last announced its quarterly earnings data on Monday, February 10th. The insurance provider reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $1.90 by $0.36. Arch Capital Group had a return on equity of 18.94% and a net margin of 33.86%. During the same quarter in the prior year, the firm posted $2.45 earnings per share. As a group, equities research analysts expect that Arch Capital Group will post 8.86 EPS for the current fiscal year.

Hedge Funds Weigh In On Arch Capital Group

Several institutional investors and hedge funds have recently made changes to their positions in ACGL. Quantbot Technologies LP purchased a new position in shares of Arch Capital Group during the third quarter valued at about $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Arch Capital Group in the fourth quarter worth $37,000. Ashton Thomas Securities LLC bought a new stake in Arch Capital Group during the 3rd quarter valued at about $50,000. Golden State Wealth Management LLC bought a new stake in shares of Arch Capital Group during the fourth quarter valued at approximately $42,000. Finally, Y.D. More Investments Ltd raised its stake in shares of Arch Capital Group by 125.6% in the fourth quarter. Y.D. More Investments Ltd now owns 467 shares of the insurance provider’s stock worth $43,000 after purchasing an additional 260 shares during the last quarter. Institutional investors own 89.07% of the company’s stock.

Arch Capital Group Company Profile

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.