Vestor Capital LLC Purchases 558 Shares of Markel Group Inc. $MKL

Vestor Capital LLC raised its holdings in shares of Markel Group Inc. (NYSE:MKL) by 2,066.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 585 shares of the insurance provider’s stock after purchasing an additional 558 shares during the quarter. Vestor Capital LLC’s holdings in Markel Group were worth $1,168,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its position in shares of Markel Group by 2.2% in the second quarter. Charles Schwab Investment Management Inc. now owns 62,065 shares of the insurance provider’s stock valued at $123,966,000 after purchasing an additional 1,326 shares during the period. American Century Companies Inc. grew its stake in Markel Group by 10.8% in the 2nd quarter. American Century Companies Inc. now owns 26,527 shares of the insurance provider’s stock valued at $52,984,000 after buying an additional 2,575 shares in the last quarter. Pettyjohn Wood & White Inc. bought a new stake in Markel Group during the 2nd quarter valued at $220,000. Evelyn Partners Investment Management Services Ltd lifted its position in shares of Markel Group by 105.0% during the second quarter. Evelyn Partners Investment Management Services Ltd now owns 82 shares of the insurance provider’s stock worth $164,000 after acquiring an additional 42 shares in the last quarter. Finally, Evelyn Partners Investment Management LLP boosted its holdings in shares of Markel Group by 6,375.9% in the second quarter. Evelyn Partners Investment Management LLP now owns 3,756 shares of the insurance provider’s stock worth $7,502,000 after acquiring an additional 3,698 shares during the period. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on MKL shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Markel Group in a research report on Tuesday, November 11th. Cowen restated a “hold” rating on shares of Markel Group in a research note on Tuesday, October 7th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,930.50.

Markel Group Trading Down 0.2%

Shares of MKL stock opened at $2,036.00 on Friday. The company has a market capitalization of $25.67 billion, a PE ratio of 12.75 and a beta of 0.77. Markel Group Inc. has a 52-week low of $1,621.89 and a 52-week high of $2,109.91. The business’s fifty day moving average is $1,952.50 and its 200 day moving average is $1,952.28. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.59 and a current ratio of 0.59.

Markel Group (NYSE:MKL) last posted its earnings results on Wednesday, October 29th. The insurance provider reported $30.90 EPS for the quarter, topping the consensus estimate of $22.77 by $8.13. Markel Group had a return on equity of 7.91% and a net margin of 12.99%.The business had revenue of $3.93 billion during the quarter, compared to analysts’ expectations of $3.77 billion. On average, equities research analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

About Markel Group

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.