Markel Group Inc. $MKL Holdings Decreased by Sather Financial Group Inc

Sather Financial Group Inc decreased its holdings in shares of Markel Group Inc. (NYSE:MKL) by 1.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 27,478 shares of the insurance provider’s stock after selling 276 shares during the quarter. Markel Group makes up 3.2% of Sather Financial Group Inc’s investment portfolio, making the stock its 11th largest position. Sather Financial Group Inc’s holdings in Markel Group were worth $59,068,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of Markel Group by 172.8% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 1,683 shares of the insurance provider’s stock valued at $3,217,000 after buying an additional 1,066 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Markel Group by 1.8% during the third quarter. Principal Financial Group Inc. now owns 547,188 shares of the insurance provider’s stock valued at $1,045,947,000 after buying an additional 9,496 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Markel Group during the third quarter valued at $2,104,000. Ervin Investment Management LLC grew its stake in Markel Group by 259.2% in the fourth quarter. Ervin Investment Management LLC now owns 9,110 shares of the insurance provider’s stock valued at $19,583,000 after purchasing an additional 6,574 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in Markel Group by 121.2% in the second quarter. Osaic Holdings Inc. now owns 2,853 shares of the insurance provider’s stock valued at $5,705,000 after purchasing an additional 1,563 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Insider Buying and Selling at Markel Group

In other Markel Group news, CEO Simon Wilson sold 100 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total value of $207,948.00. Following the completion of the sale, the chief executive officer owned 2,397 shares of the company’s stock, valued at $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.08% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of brokerages have commented on MKL. Zacks Research downgraded Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Truist Financial boosted their target price on Markel Group from $2,000.00 to $2,100.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Brean Capital began coverage on Markel Group in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 target price on the stock. Wall Street Zen upgraded Markel Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Markel Group in a research note on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $2,100.00.

Markel Group Stock Performance

Shares of NYSE MKL opened at $1,985.35 on Thursday. The business’s 50-day moving average price is $1,986.38 and its two-hundred day moving average price is $2,020.80. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. Markel Group Inc. has a one year low of $1,698.99 and a one year high of $2,207.59. The company has a market capitalization of $24.91 billion, a P/E ratio of 11.70 and a beta of 0.79.

About Markel Group

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.