Beacon Investment Advisors LLC Has $552,000 Holdings in Markel Group Inc. (NYSE:MKL)

Beacon Investment Advisors LLC lifted its stake in shares of Markel Group Inc. (NYSE:MKL) by 4.9% during the fourth quarter, Holdings Channel reports. The fund owned 320 shares of the insurance provider’s stock after buying an additional 15 shares during the quarter. Beacon Investment Advisors LLC’s holdings in Markel Group were worth $552,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. FPC Investment Advisory Inc. acquired a new position in Markel Group during the 4th quarter worth approximately $37,000. SBI Securities Co. Ltd. acquired a new position in shares of Markel Group during the fourth quarter worth approximately $36,000. Global Trust Asset Management LLC acquired a new stake in Markel Group in the 4th quarter valued at $41,000. Wilmington Savings Fund Society FSB bought a new position in shares of Markel Group in the third quarter valued at $42,000. Finally, Private Trust Co. NA grew its stake in shares of Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider’s stock worth $55,000 after acquiring an additional 6 shares in the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Trading Up 0.2 %

Shares of MKL stock opened at $1,767.46 on Monday. Markel Group Inc. has a 1 year low of $1,433.06 and a 1 year high of $2,063.68. The company’s fifty day simple moving average is $1,835.67 and its two-hundred day simple moving average is $1,753.94. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market capitalization of $22.47 billion, a price-to-earnings ratio of 8.88 and a beta of 0.70.

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

Insider Buying and Selling

In other news, CEO Thomas Sinnickson Gayner bought 100 shares of Markel Group stock in a transaction that occurred on Friday, February 7th. The shares were acquired at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the purchase, the chief executive officer now directly owns 48,945 shares in the company, valued at $98,282,049.45. The trade was a 0.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Steven A. Markel sold 88 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $1,860.03, for a total value of $163,682.64. Following the transaction, the director now directly owns 63,436 shares in the company, valued at approximately $117,992,863.08. This represents a 0.14 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,034 shares of company stock valued at $3,778,952. Company insiders own 1.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MKL shares. Royal Bank of Canada upped their price objective on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $1,702.20.

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.