Rathbones Group PLC Has $1.76 Million Stock Position in Arch Capital Group Ltd. $ACGL
Rathbones Group PLC significantly increased its stake in Arch Capital Group Ltd. by 357.6% in the fourth quarter, bringing its total holdings to 18,369 shares valued at $1.76 million. Arch Capital Group (NASDAQ:ACGL) has substantial institutional ownership, with 89.07% of its stock held by institutions and hedge funds. Despite a consensus "Hold" rating from analysts and an average price target of $106.32, the company recently reported strong quarterly earnings per share of $2.50 and $4.52 billion in revenue.