Markel Group Inc. (NYSE:MKL) is Greenbrier Partners Capital Management LLC’s 8th Largest Position

Greenbrier Partners Capital Management LLC lessened its holdings in Markel Group Inc. (NYSE:MKL) by 0.1% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,420 shares of the insurance provider’s stock after selling 36 shares during the period. Markel Group makes up approximately 3.4% of Greenbrier Partners Capital Management LLC’s portfolio, making the stock its 8th biggest holding. Greenbrier Partners Capital Management LLC’s holdings in Markel Group were worth $45,289,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Assenagon Asset Management S.A. raised its position in Markel Group by 6.0% in the second quarter. Assenagon Asset Management S.A. now owns 9,884 shares of the insurance provider’s stock worth $15,574,000 after acquiring an additional 558 shares during the period. Solitude Financial Services purchased a new position in Markel Group in the second quarter valued at approximately $1,182,000. SpiderRock Advisors LLC lifted its stake in Markel Group by 199.4% in the third quarter. SpiderRock Advisors LLC now owns 473 shares of the insurance provider’s stock valued at $742,000 after purchasing an additional 315 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Markel Group by 4.5% during the first quarter. Price T Rowe Associates Inc. MD now owns 8,336 shares of the insurance provider’s stock valued at $12,684,000 after purchasing an additional 359 shares during the period. Finally, Gateway Investment Advisers LLC increased its position in Markel Group by 19.8% in the second quarter. Gateway Investment Advisers LLC now owns 4,486 shares of the insurance provider’s stock worth $7,068,000 after buying an additional 740 shares during the last quarter. 77.12% of the stock is owned by institutional investors.

Markel Group Stock Up 0.5 %

MKL stock opened at $1,785.11 on Friday. The stock has a 50-day simple moving average of $1,613.70 and a two-hundred day simple moving average of $1,590.65. Markel Group Inc. has a twelve month low of $1,342.66 and a twelve month high of $1,809.11. The firm has a market capitalization of $22.96 billion, a PE ratio of 8.23 and a beta of 0.73. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL) last issued its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 EPS for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. On average, equities analysts predict that Markel Group Inc. will post 88.52 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on MKL. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a research note on Wednesday. Royal Bank of Canada cut their target price on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating for the company in a research report on Friday, November 1st. Finally, Jefferies Financial Group boosted their price target on shares of Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $1,651.83.

Markel Group 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.