Markel Group Inc. (NYSE:MKL) Stake Increased by Fox Run Management L.L.C.

Fox Run Management L.L.C. boosted its holdings in shares of Markel Group Inc. (NYSE:MKL) by 127.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 298 shares of the insurance provider’s stock after buying an additional 167 shares during the period. Fox Run Management L.L.C.’s holdings in Markel Group were worth $514,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA increased its holdings in shares of Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider’s stock valued at $55,000 after purchasing an additional 6 shares during the period. Wellington Shields & Co. LLC increased its stake in Markel Group by 4.3% in the 4th quarter. Wellington Shields & Co. LLC now owns 145 shares of the insurance provider’s stock valued at $250,000 after buying an additional 6 shares during the period. Gilbert & Cook Inc. lifted its position in Markel Group by 1.7% in the 4th quarter. Gilbert & Cook Inc. now owns 428 shares of the insurance provider’s stock worth $739,000 after buying an additional 7 shares in the last quarter. Greenleaf Trust boosted its stake in shares of Markel Group by 3.4% during the 4th quarter. Greenleaf Trust now owns 213 shares of the insurance provider’s stock valued at $368,000 after buying an additional 7 shares during the period. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of Markel Group by 1.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 469 shares of the insurance provider’s stock valued at $810,000 after acquiring an additional 7 shares in the last quarter. 77.12% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Markel Group

In related news, CEO Thomas Sinnickson Gayner acquired 100 shares of the stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the purchase, the chief executive officer now owns 48,945 shares in the company, valued at approximately $98,282,049.45. The trade was a 0.20 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven A. Markel sold 800 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $1,856.80, for a total transaction of $1,485,440.00. Following the transaction, the director now owns 64,868 shares of the company’s stock, valued at approximately $120,446,902.40. The trade was a 1.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 2,034 shares of company stock worth $3,778,952. Company insiders own 1.71% of the company’s stock.

Markel Group Trading Down 0.3 %

Shares of MKL stock opened at $1,863.65 on Wednesday. Markel Group Inc. has a 12 month low of $1,417.65 and a 12 month high of $2,063.68. The company has a market cap of $23.80 billion, a PE ratio of 9.36 and a beta of 0.82. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. The business’s 50 day moving average is $1,859.72 and its two-hundred day moving average is $1,723.67.

Markel Group (NYSE:MKL) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. Equities analysts predict that Markel Group Inc. will post 96.25 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a research report on Friday, February 14th. Royal Bank of Canada boosted their price target on Markel Group from $1,750.00 to $2,025.00 and gave the company a “sector perform” rating in a research note on Friday, February 7th. Finally, TD Cowen lowered shares of Markel Group from a “buy” rating to a “hold” rating and cut their price objective for the company from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $1,702.20.

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.