Arch Capital Group LTD (NASDAQ:ACGL) 2018 Q1 Sentiment Change, Now at 1.43

June 29, 2018 - By Robert Case

Arch Capital Group Ltd. (NASDAQ:ACGL) Corporate Logo

“Big money” Positions

“Big money sentiment for Arch Capital Group LTD (NASDAQ:ACGL) in Q1 2018 increased to 1.43, according to SEC.gov filings. So its up 0.45, from 2017Q4’s 0.98. 147 hedge funds opened new or increased stock positions, while 103 sold and decreased holdings in Arch Capital Group LTD so the sentiment is better. Funds own 107.01 million shares, up from 103.87 million shares in 2017Q4. Funds holding Arch Capital Group LTD in top 10 increased from 6 to 8 for an increase of 2. In total 18 funds closed positions, 85 reduced and 103 increased. Also 44 funds bought new Arch Capital Group LTD stakes.

Largest Arch Capital Group LTD Shareholders

As of Q1 2018 Fpr Partners Llc has 9.97% invested in Arch Capital Group LTD. Arch Capital Group LTD’s shareholder Marshfield Associates owns 1.44 million shares as of Q1 2018. Robertson Opportunity Capital Llc reported 91,702 shares. The New York-based fund General American Investors Co Inc have invested about 3.25% of the fund’s stock portfolio in Arch Capital Group LTD. The New York-based fund Steinberg Asset Management Llc looks positive on Arch Capital Group LTD, possessing 84,538 shares.

Arch Capital Group Ltd., together with its subsidiaries, provides property, casualty, and mortgage insurance and reinsurance products worldwide.The company has $10.90 billion market cap. The Company’s Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directorsÂ’ and officersÂ’ 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 workersÂ’ compensation and umbrella liability, as well as commercial automobile and inland marine products.The P/E ratio is 24.16. It also provides property, energy, marine, and aviation insurance; travel insurance; accident, disability, and medical plan insurance coverages; captive insurance programs; employersÂ’ liability insurance coverages; and contract and commercial surety coverages.

ACGL touched $26.75 during the last trading session after $0.33 change.Currently Arch Capital Group Ltd. is downtrending after 16.87% change in last June 29, 2017. ACGL has 264,951 shares volume. ACGL underperformed the S&P500 by 29.44%.

On July, 25. Investors expect Arch Capital Group Ltd. (NASDAQ:ACGL) to announce its quarterly earnings, according to Zacks. Analysts predict $1.54 earnings per share. That’s $0.33 up or 27.27 % from 2017’s earnings of $1.21. ACGL’s profit could be $627.28M with 4.34 P/E in case $1.54 earnings per share is published. Wall Street predicts -8.88 % negative EPS growth as of July, 25.

Renaissance Techs Limited Company holds 0.19% or 2.08 million shs in its capital. 110,194 were accumulated by Alliancebernstein Lp. State Of New Jersey Common Pension Fund D owns 338,556 shs. First Manhattan holds 0% or 627 shs in its capital. 173,239 were accumulated by State Board Of Administration Of Florida Retirement System. Teacher Retirement System Of Texas invested 0.02% in Arch Capital Group Ltd. (NASDAQ:ACGL). 883 were reported by Prelude Mngmt Lc. Commerzbank Aktiengesellschaft Fi accumulated 5,807 shs. Sumitomo Mitsui Asset Management Ltd reported 11,025 shs. Moreover, Swiss Fincl Bank has 0.09% invested in Arch Capital Group Ltd. (NASDAQ:ACGL). Birch Hill Investment Advisors Limited Com holds 0.02% of its capital in Arch Capital Group Ltd. (NASDAQ:ACGL) for 3,444 shs. Carroll Assocs reported 0% stake. Numerixs Technologies reported 0.07% stake. Williams Jones And Associate Limited Liability reported 0.07% of its capital in Arch Capital Group Ltd. (NASDAQ:ACGL). Commonwealth Bancorporation Of invested 0.01% in Arch Capital Group Ltd. (NASDAQ:ACGL).

Arch Capital Group Ltd. had 5 insider sales and 2 insider purchases since February 15, 2018. This’s net activity of $2.17 million. Rippert Andrew had sold 6,170 shs worth $499,019. Shares for $237,997 were bought by IORDANOU CONSTANTINE. Shares for $235,876 were bought by Posner Brian S. On Monday, June 11 Shares for $161,072 were sold by Morin Francois.

Arch Capital Group Ltd. (NASDAQ:ACGL) Ratings Coverage

A total of 6 analysts rate Arch Capital Group Ltd (NASDAQ:ACGL) as follows: 3 “Buy”, 3 “Hold” and 0 “Sell”. Тherefore 50% are bullish. (NASDAQ:ACGL) has 6 ratings reports on 29 Jun 2018 according to StockzIntelligence. On Tuesday, February 13 the company was maintained by RBC Capital Markets. On Thursday, June 21 the stock of Arch Capital Group Ltd. (NASDAQ:ACGL) has “Equal-Weight” rating given by Morgan Stanley. On Monday, May 14 the stock of Arch Capital Group Ltd. (NASDAQ:ACGL) has “Hold” rating given by Wells Fargo. On Thursday, March 22 Keefe Bruyette & Woods upgraded the shares of ACGL in report to “Buy” rating. On Thursday, March 22 the firm has “Outperform” rating given by Wood.

Another two news for Arch Capital Group Ltd. (NASDAQ:ACGL) were briefly brought out by: Nasdaq.com on June 01, 2018 with title “Consolidated Research: 2018 Summary Expectations for Seaspan, Canadian Imperial Bank of Commerce, Bank Of …”. The other Businesswire.com‘s article was titled “Arch Insurance Company (Europe) Limited and Alwyn Insurance Company Limited to Write EU Business from Ireland” and brought out on June 07, 2018.

Arch Capital Group Ltd. (NASDAQ:ACGL) Analyst Ratings Chart

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