Moloney Securities Asset Management LLC Decreases Stake in Arch Capital Group Ltd. (NASDAQ:ACGL)

Moloney Securities Asset Management LLC trimmed its holdings in Arch Capital Group Ltd. (NASDAQ:ACGL) by 4.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,720 shares of the insurance provider’s stock after selling 1,388 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Arch Capital Group were worth $2,468,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Quantbot Technologies LP acquired a new position in Arch Capital Group during the third quarter worth $25,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Arch Capital Group during the 3rd quarter valued at about $46,000. UMB Bank n.a. boosted its position in shares of 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 acquiring an additional 126 shares during the last quarter. Asset Dedication LLC grew its holdings in shares of Arch Capital Group by 188.1% in the third 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 Arch Capital Group during the third quarter worth about $50,000. 89.07% of the stock is currently owned by institutional investors and hedge funds.

Arch Capital Group Stock Down 0.4 %

ACGL stock opened at $93.50 on Friday. The company’s 50 day moving average price is $93.45 and its 200 day moving average price is $101.19. The firm has a market capitalization of $35.18 billion, a price-to-earnings ratio of 6.28, a PEG ratio of 1.53 and a beta of 0.64. Arch Capital Group Ltd. has a fifty-two week low of $80.97 and a fifty-two week high of $116.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.58 and a current ratio of 0.58.

Analyst Ratings Changes

Several equities analysts have weighed in on ACGL shares. JMP Securities boosted their target price on shares of Arch Capital Group from $115.00 to $125.00 and gave the company a “market outperform” rating in a report on Tuesday, October 15th. Barclays lowered their price objective on Arch Capital Group from $120.00 to $100.00 and set an “equal weight” rating for the company in a research report on Monday, January 6th. Keefe, Bruyette & Woods decreased their price target on Arch Capital Group from $121.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, January 10th. JPMorgan Chase & Co. lowered their price target on Arch Capital Group from $110.00 to $106.00 and set a “neutral” rating for the company in a report on Friday, January 3rd. Finally, BMO Capital Markets upped their target price on shares of Arch Capital Group from $98.00 to $104.00 and gave the company a “market perform” rating in a research report on Wednesday, November 6th. Six research analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.00.

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.