Sunflower Bank N.A. Has $254,000 Stock Holdings in Arch Capital Group Ltd. (NASDAQ:ACGL)

Sunflower Bank N.A. lifted its stake in shares of Arch Capital Group Ltd. (NASDAQ:ACGL) by 12.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,745 shares of the insurance provider’s stock after acquiring an additional 295 shares during the period. Sunflower Bank N.A.’s holdings in Arch Capital Group were worth $254,000 at the end of the most recent quarter.

Other large investors have 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 worth approximately $25,000. Compagnie Lombard Odier SCmA acquired a new stake in Arch Capital Group in the 3rd quarter valued at $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 worth $48,000 after buying an additional 126 shares in the last quarter. Asset Dedication LLC boosted its stake in shares of Arch Capital Group by 188.1% during the 3rd quarter. Asset Dedication LLC now owns 435 shares of the insurance provider’s stock worth $49,000 after buying an additional 284 shares during the last quarter. Finally, Ashton Thomas Securities LLC bought a new position in shares of Arch Capital Group in the 3rd quarter valued at about $50,000. Institutional investors own 89.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Evercore ISI raised their price target on Arch Capital Group from $104.00 to $107.00 and gave the company an “in-line” rating in a research note on Wednesday, October 9th. JPMorgan Chase & Co. decreased their price objective on shares of 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. Bank of America dropped their price target on Arch Capital Group from $143.00 to $136.00 and set a “buy” rating on the stock in a research note on Friday, November 15th. JMP Securities boosted their price objective on Arch Capital Group from $115.00 to $125.00 and gave the stock a “market outperform” rating in a report on Tuesday, October 15th. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Arch Capital Group from $121.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday. Six equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, Arch Capital Group currently has an average rating of “Moderate Buy” and a consensus target price of $118.13.

Arch Capital Group Trading Up 0.7 %

NASDAQ ACGL traded up $0.66 during trading hours on Monday, reaching $90.83. The company’s stock had a trading volume of 1,512,450 shares, compared to its average volume of 1,813,745. 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 Ltd. has a 52 week low of $77.53 and a 52 week high of $116.47. The firm has a fifty day simple moving average of $95.69 and a 200-day simple moving average of $101.80. The stock has a market cap of $34.17 billion, a P/E ratio of 6.10, a P/E/G ratio of 1.49 and a beta of 0.64.

Arch Capital Group (NASDAQ:ACGL) last issued its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.99 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $4.05 billion. During the same quarter in the prior year, the firm posted $2.31 earnings per share. Equities analysts forecast that Arch Capital Group Ltd. will post 8.99 earnings per share for the current fiscal year.

Arch Capital Group Dividend Announcement

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

Arch Capital Group 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.