Markel Group Inc. $MKL Shares Acquired by Hunting Hill Global Capital LLC

Hunting Hill Global Capital LLC lifted its position in shares of Markel Group Inc. (NYSE:MKL) by 146.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 492 shares of the insurance provider’s stock after acquiring an additional 292 shares during the period. Markel Group comprises 0.7% of Hunting Hill Global Capital LLC’s investment portfolio, making the stock its 24th biggest holding. Hunting Hill Global Capital LLC’s holdings in Markel Group were worth $1,058,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MKL. Valley National Advisers Inc. acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $25,000. Fideuram Asset Management Ireland dac acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $26,000. Measured Wealth Private Client Group LLC acquired a new stake in shares of Markel Group during the 3rd quarter worth approximately $29,000. V Square Quantitative Management LLC acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $32,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Greta J. Harris sold 76 shares of Markel Group stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the sale, the director owned 645 shares of the company’s stock, valued at $1,191,514.95. The trade was a 10.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Diane Leopold bought 50 shares of the stock in a transaction on Thursday, May 7th. The shares were acquired at an average cost of $1,789.19 per share, for a total transaction of $89,459.50. Following the purchase, the director owned 550 shares in the company, valued at $984,054.50. The trade was a 10.00% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.08% of the company’s stock.

Markel Group Price Performance

Markel Group stock opened at $1,868.07 on Thursday. The company’s fifty day moving average price is $1,864.28 and its 200 day moving average price is $1,985.16. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The stock has a market capitalization of $23.37 billion, a P/E ratio of 13.46 and a beta of 0.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.63 and a current ratio of 0.63.

Markel Group (NYSE:MKL) last announced its earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $26.38 by ($45.28). Markel Group had a return on equity of 7.90% and a net margin of 10.85%.The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.66 billion. As a group, equities research analysts anticipate that Markel Group Inc. will post 113.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

MKL has been the topic of a number of research analyst reports. Wall Street Zen cut shares of Markel Group from a “buy” rating to a “sell” rating in a research note on Saturday, May 2nd. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research note on Thursday, April 30th. Brean Capital initiated coverage on shares of Markel Group in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price target on the stock. Finally, Weiss Ratings cut shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Five analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $2,025.00.

Markel Group Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.