Tidal Investments LLC Acquires 4,602 Shares of Markel Group Inc. $MKL

Tidal Investments LLC grew its holdings in Markel Group Inc. (NYSE:MKL) by 30.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,585 shares of the insurance provider’s stock after purchasing an additional 4,602 shares during the quarter. Tidal Investments LLC’s holdings in Markel Group were worth $38,250,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in MKL. Fideuram Asset Management Ireland dac acquired a new position in Markel Group in the fourth quarter valued at approximately $26,000. Reflection Asset Management acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $26,000. Basepoint Wealth LLC bought a new stake in shares of Markel Group in the 4th quarter valued at $32,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Markel Group during the 3rd quarter valued at $29,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of Markel Group during the 2nd quarter valued at $31,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Trading Up 0.0%

NYSE:MKL opened at $1,786.42 on Thursday. 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 $1,719.41 and a one year high of $2,207.59. The company has a market cap of $22.13 billion, a PE ratio of 9.82 and a beta of 0.65. The firm has a 50-day moving average of $1,887.29 and a 200-day moving average of $1,896.79.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MKL shares. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Finally, Wolfe Research started coverage on shares of Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $2,025.00.

About Markel Group

Markel Group Inc is a diversified financial holding company headquartered in Glen Allen, Virginia. Its principal business is specialty insurance, including commercial and personal lines, excess and surplus lines, professional liability, marine, workers’ compensation, and other niche coverage. The company also provides reinsurance and insurance-related services through subsidiaries and underwriting platforms.

Markel serves customers and business partners in the United States and international markets, including the United Kingdom, Europe, Canada, Asia-Pacific and other regions.