423 Shares in Markel Group Inc. $MKL Purchased by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in shares of Markel Group Inc. (NYSE:MKL) during the 4th quarter, Holdings Channel reports. The institutional investor bought 423 shares of the insurance provider’s stock, valued at approximately $909,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cerity Partners LLC raised its holdings in Markel Group by 2.2% during the fourth quarter. Cerity Partners LLC now owns 4,507 shares of the insurance provider’s stock worth $9,689,000 after acquiring an additional 96 shares in the last quarter. LPL Financial LLC raised its holdings in Markel Group by 5.6% during the fourth quarter. LPL Financial LLC now owns 8,671 shares of the insurance provider’s stock worth $18,640,000 after acquiring an additional 463 shares in the last quarter. Franklin Resources Inc. raised its holdings in Markel Group by 12.2% during the fourth quarter. Franklin Resources Inc. now owns 10,778 shares of the insurance provider’s stock worth $23,169,000 after acquiring an additional 1,174 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in Markel Group during the fourth quarter worth about $120,000. Finally, MCF Advisors LLC raised its holdings in Markel Group by 155.0% during the fourth quarter. MCF Advisors LLC now owns 510 shares of the insurance provider’s stock worth $1,096,000 after acquiring an additional 310 shares in the last quarter. Institutional investors own 77.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on MKL shares. Brean Capital started coverage on Markel Group in a research report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price target on the stock. Wall Street Zen downgraded Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Truist Financial lowered their price target on 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. Finally, Weiss Ratings downgraded Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $2,025.00.

Insider Activity at Markel Group

In other news, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the transaction, the director owned 645 shares of the company’s stock, valued at approximately $1,191,514.95. This represents a 10.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Diane Leopold purchased 100 shares of Markel Group stock in a transaction that occurred on Wednesday, May 6th. The shares were bought at an average cost of $1,792.61 per share, for a total transaction of $179,261.00. Following the transaction, the director directly owned 2,190 shares of the company’s stock, valued at $3,925,815.90. This represents a 4.78% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.08% of the stock is currently owned by corporate insiders.

Markel Group Price Performance

Markel Group stock opened at $1,819.46 on Thursday. Markel Group Inc. has a 12 month low of $1,719.41 and a 12 month high of $2,207.59. The stock’s 50 day moving average is $1,868.89 and its 200-day moving average is $1,992.47. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $22.76 billion, a price-to-earnings ratio of 13.11 and a beta of 0.67.

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

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.