Arch Capital Group Ltd. (NASDAQ:ACGL) – Langen Mcalenn dropped their Q4 2017 EPS estimates for shares of Arch Capital Group in a report released on Tuesday. Langen Mcalenn analyst R. Glasspiegel now forecasts that the insurance provider will earn $1.11 per share for the quarter, down from their previous forecast of $1.21. Langen Mcalenn also issued estimates for Arch Capital Group’s FY2018 earnings at $5.90 EPS.

Arch Capital Group (NASDAQ:ACGL) last posted its earnings results on Wednesday, October 25th. The insurance provider reported ($0.79) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.59) by ($0.20). The business had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.16 billion. Arch Capital Group had a return on equity of 5.57% and a net margin of 9.44%. The firm’s revenue for the quarter was up 30.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.14 earnings per share.

ACGL has been the topic of several other reports. Barclays raised their target price on Arch Capital Group from $91.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Monday, October 16th. Zacks Investment Research raised Arch Capital Group from a “sell” rating to a “hold” rating in a research note on Thursday, October 12th. BidaskClub cut Arch Capital Group from a “hold” rating to a “sell” rating in a research note on Thursday, December 7th. UBS Group reissued a “buy” rating on shares of Arch Capital Group in a research note on Monday, October 30th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and issued a $101.00 target price on shares of Arch Capital Group in a research note on Wednesday, December 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $100.40.

Shares of Arch Capital Group (NASDAQ ACGL) opened at $91.38 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $11,868.96, a PE ratio of 29.48, a P/E/G ratio of 1.33 and a beta of 0.67. Arch Capital Group has a 12 month low of $86.46 and a 12 month high of $102.60.

In other Arch Capital Group news, CFO Mark Donald Lyons sold 5,500 shares of Arch Capital Group stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $92.04, for a total transaction of $506,220.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Nicolas Papadopoulo sold 54,554 shares of Arch Capital Group stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $95.53, for a total value of $5,211,543.62. Following the sale, the chief executive officer now directly owns 147,481 shares in the company, valued at $14,088,859.93. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 65,975 shares of company stock worth $6,256,989. Insiders own 6.60% of the company’s stock.

A number of institutional investors have recently bought and sold shares of ACGL. Vanguard Group Inc. boosted its position in shares of Arch Capital Group by 7.7% in the 2nd quarter. Vanguard Group Inc. now owns 10,331,707 shares of the insurance provider’s stock worth $963,845,000 after purchasing an additional 742,855 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Arch Capital Group by 7.7% in the 3rd quarter. Wells Fargo & Company MN now owns 2,411,267 shares of the insurance provider’s stock worth $237,510,000 after purchasing an additional 173,359 shares in the last quarter. FMR LLC boosted its position in shares of Arch Capital Group by 21.0% in the 2nd quarter. FMR LLC now owns 2,294,852 shares of the insurance provider’s stock worth $214,087,000 after purchasing an additional 398,988 shares in the last quarter. Citadel Advisors LLC boosted its position in shares of Arch Capital Group by 1,388.0% in the 2nd quarter. Citadel Advisors LLC now owns 2,088,015 shares of the insurance provider’s stock worth $194,792,000 after purchasing an additional 1,947,691 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Arch Capital Group by 0.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,967,055 shares of the insurance provider’s stock worth $193,755,000 after purchasing an additional 11,802 shares in the last quarter. 79.43% of the stock is currently owned by institutional investors and hedge funds.

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Arch Capital Group Company Profile

Arch Capital Group Ltd. provides insurance, reinsurance and mortgage insurance. The Company provides a range of property, casualty and mortgage insurance and reinsurance lines. The Company operates in five segments: insurance, reinsurance, mortgage, other and corporate. The insurance segment’s product lines include construction and national accounts; excess and surplus casualty; lenders products; professional lines; programs; property, energy, marine and aviation; travel, accident and health, and other.

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