Evelyn Partners Investment Management Services Ltd Has $164,000 Holdings in Markel Group Inc. $MKL

Evelyn Partners Investment Management Services Ltd lifted its stake in Markel Group Inc. (NYSE:MKL) by 105.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 82 shares of the insurance provider’s stock after acquiring an additional 42 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Markel Group were worth $164,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of MKL. Clearstead Trust LLC raised its position in shares of Markel Group by 180.0% during the second quarter. Clearstead Trust LLC now owns 14 shares of the insurance provider’s stock valued at $28,000 after buying an additional 9 shares during the last quarter. Chilton Capital Management LLC acquired a new stake in Markel Group during the second quarter worth about $32,000. Cary Street Partners Investment Advisory LLC increased its position in shares of Markel Group by 183.3% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider’s stock valued at $32,000 after purchasing an additional 11 shares during the period. Atlas Capital Advisors Inc. acquired a new position in shares of Markel Group in the first quarter valued at $32,000. Finally, Ameritas Advisory Services LLC bought a new position in Markel Group in the second quarter worth $38,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MKL has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Markel Group in a report on Tuesday, November 11th. Cowen restated a “hold” rating on shares of Markel Group in a research report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Markel Group currently has an average rating of “Hold” and an average price target of $1,930.50.

Markel Group Stock Down 0.2%

Shares of NYSE MKL opened at $2,036.00 on Friday. The firm’s 50-day moving average is $1,952.50 and its 200-day moving average is $1,951.76. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.25. Markel Group Inc. has a 1 year low of $1,621.89 and a 1 year high of $2,109.91. The firm has a market capitalization of $25.67 billion, a PE ratio of 12.75 and a beta of 0.77.

Markel Group (NYSE:MKL) last posted its quarterly earnings results on Wednesday, October 29th. The insurance provider reported $30.90 earnings per share for the quarter, beating analysts’ consensus estimates of $22.77 by $8.13. Markel Group had a return on equity of 7.91% and a net margin of 12.99%.The company had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.77 billion. Equities analysts expect that Markel Group Inc. will post 96.25 EPS for the current year.

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.