Roundview Capital LLC Acquires 20 Shares of Markel Group Inc. (NYSE:MKL)

Roundview Capital LLC lifted its stake in Markel Group Inc. (NYSE:MKL) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,347 shares of the insurance provider’s stock after purchasing an additional 20 shares during the period. Roundview Capital LLC’s holdings in Markel Group were worth $7,504,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. HighPoint Advisor Group LLC boosted its holdings in Markel Group by 7.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 264 shares of the insurance provider’s stock worth $456,000 after buying an additional 18 shares during the last quarter. Cannell & Spears LLC raised its position in shares of Markel Group by 0.6% in the 4th quarter. Cannell & Spears LLC now owns 1,903 shares of the insurance provider’s stock valued at $3,285,000 after acquiring an additional 11 shares during the period. Alliancebernstein L.P. grew its holdings in Markel Group by 13.9% during the fourth quarter. Alliancebernstein L.P. now owns 10,599 shares of the insurance provider’s stock valued at $18,296,000 after purchasing an additional 1,295 shares during the period. Inkwell Capital LLC bought a new stake in Markel Group in the fourth quarter valued at approximately $4,745,000. Finally, Allstate Corp acquired a new stake in Markel Group in the fourth quarter worth $739,000. 77.12% of the stock is currently owned by institutional investors.

Markel Group Trading Up 0.6 %

NYSE:MKL opened at $1,867.00 on Tuesday. The company has a market cap of $23.84 billion, a P/E ratio of 9.38 and a beta of 0.82. Markel Group Inc. has a twelve month low of $1,417.65 and a twelve month high of $2,063.68. The business has a 50 day moving average price of $1,867.54 and a two-hundred day moving average price of $1,732.85. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share for the quarter, missing analysts’ consensus estimates of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. As a group, analysts expect that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. TD Cowen lowered shares of Markel Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, Royal Bank of Canada increased their target price on Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to MarketBeat.com, Markel Group currently has an average rating of “Hold” and a consensus target price of $1,702.20.

Insider Buying and Selling

In other news, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the acquisition, the chief executive officer now owns 48,945 shares in the company, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven A. Markel sold 88 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $1,860.03, for a total transaction of $163,682.64. Following the sale, the director now directly owns 63,436 shares in the company, valued at $117,992,863.08. This trade represents a 0.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 2,034 shares of company stock worth $3,778,952. Corporate insiders own 1.71% of the company’s stock.

Markel Group Company Profile

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.