FFT Wealth Management LLC and VELA Investment Management LLC have increased their stakes in
Arch Capital Group Ltd. (ACGL). Meanwhile, QRG Capital Management Inc. has $4.86 million holdings, and the National Pension Service sold 22,236 shares of ACGL. Despite a reduction of positions by Los Angeles Capital Management LLC and Asset Management One Co. Ltd., many institutions continue to acquire new shares, including South Dakota Investment Council and AustralianSuper Pty Ltd. Notably,
Bank of New York Mellon Corp and
Sanctuary Advisors LLC hold significant positions amounting to $205 million and $11.66 million respectively. Amidst these stake adjustments, ACGL has declared dividends on preferred shares with a
special cash dividend of $1.9 billion and announced leadership transitions. The group also welcomed Alexander Moczarski and other executives to the board of directors. ACGL's Q4 earnings surpassed market estimates and reported strong performance despite challenging market conditions. However, its share prices have experienced fluctuations recently, influenced by factors like LA wildfires and concerns over a looming cyclical slowdown. Finally, the company's SWOT analysis details its resilience as an insurer in navigating market shifts.
Arch Capital Group Ltd ACGL News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:12:52 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 2
