World Investment Advisors Takes Position in Markel Group Inc. $MKL

World Investment Advisors purchased a new position in shares of Markel Group Inc. (NYSE:MKL) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 272 shares of the insurance provider’s stock, valued at approximately $584,000.

A number of other institutional investors and hedge funds have also modified their holdings of MKL. Valley National Advisers Inc. acquired a new position in Markel Group during the fourth quarter worth $25,000. Fideuram Asset Management Ireland dac acquired a new stake in Markel Group in the fourth quarter valued at $26,000. Reflection Asset Management acquired a new stake in Markel Group in the fourth quarter valued at $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Markel Group in the third quarter valued at $29,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of Markel Group in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on MKL. Truist Financial decreased their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Brean Capital started coverage on shares of Markel Group in a report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 target price for the company. Weiss Ratings cut shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Wall Street Zen lowered shares of Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $2,025.00.

Markel Group Stock Up 1.8%

Shares of NYSE:MKL opened at $1,891.55 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.24. Markel Group Inc. has a 52-week low of $1,719.41 and a 52-week high of $2,207.59. The stock’s fifty day simple moving average is $1,858.65 and its 200-day simple moving average is $1,979.41. The company has a market capitalization of $23.66 billion, a P/E ratio of 13.63 and a beta of 0.67.

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

Insider Transactions at Markel Group

In other news, Director Greta J. Harris sold 76 shares of the business’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Diane Leopold acquired 50 shares of Markel Group stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average cost of $1,789.19 per share, for a total transaction of $89,459.50. Following the purchase, the director directly owned 550 shares of the company’s stock, valued at approximately $984,054.50. This trade represents a 10.00% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 1.08% of the company’s stock.

Markel Group Company 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.