24 Shares in Markel Group Inc. (NYSE:MKL) Acquired by Global Trust Asset Management LLC

Global Trust Asset Management LLC bought a new stake in Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 24 shares of the insurance provider’s stock, valued at approximately $41,000.

Other large investors have also modified their holdings of the company. SpiderRock Advisors LLC raised its holdings in Markel Group by 199.4% in the 3rd quarter. SpiderRock Advisors LLC now owns 473 shares of the insurance provider’s stock valued at $742,000 after buying an additional 315 shares during the period. Versor Investments LP raised its stake in shares of Markel Group by 72.4% in the 3rd quarter. Versor Investments LP now owns 381 shares of the insurance provider’s stock valued at $598,000 after acquiring an additional 160 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of Markel Group by 25.2% in the 4th quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider’s stock worth $3,247,000 after acquiring an additional 379 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Markel Group during the 2nd quarter worth approximately $2,803,000. Finally, Franklin Resources Inc. increased its holdings in Markel Group by 10.4% in the 3rd quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider’s stock valued at $8,736,000 after purchasing an additional 527 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Trading Up 1.2 %

NYSE:MKL opened at $1,809.89 on Thursday. The stock has a fifty day moving average price of $1,733.12 and a 200 day moving average price of $1,627.98. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 12-month low of $1,342.66 and a 12-month high of $1,811.81. The firm has a market cap of $23.28 billion, a PE ratio of 8.35 and a beta of 0.78.

Markel Group (NYSE:MKL) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $21.97 by ($4.63). Markel Group had a net margin of 17.03% and a return on equity of 10.86%. The company had revenue of $3.69 billion during the quarter, compared to analysts’ expectations of $3.74 billion. Sell-side analysts anticipate that Markel Group Inc. will post 86.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on MKL shares. Royal Bank of Canada decreased their price target on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research note on Friday, November 1st. TD Cowen lowered Markel Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. StockNews.com raised Markel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. Finally, Jefferies Financial Group increased their price target on shares of Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, Markel Group has a consensus rating of “Hold” and a consensus price target of $1,626.83.

About Markel Group

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.