Seizert Capital Partners LLC Increases Position in Markel Group Inc. (NYSE:MKL)

Seizert Capital Partners LLC lifted its position in shares of Markel Group Inc. (NYSE:MKL) by 0.1% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,285 shares of the insurance provider’s stock after buying an additional 12 shares during the quarter. Seizert Capital Partners LLC owned approximately 0.09% of Markel Group worth $17,701,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MKL. Gold Investment Management Ltd. raised its position in shares of Markel Group by 0.6% during the third quarter. Gold Investment Management Ltd. now owns 1,219 shares of the insurance provider’s stock valued at $1,912,000 after buying an additional 7 shares during the last quarter. Epic Trust Investment Advisors LLC grew its stake in Markel Group by 4.6% during the second quarter. Epic Trust Investment Advisors LLC now owns 181 shares of the insurance provider’s stock valued at $285,000 after acquiring an additional 8 shares in the last quarter. Freedom Day Solutions LLC increased its holdings in Markel Group by 0.5% in the 3rd quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider’s stock valued at $2,326,000 after acquiring an additional 8 shares during the last quarter. Hunter Associates Investment Management LLC lifted its stake in Markel Group by 1.1% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider’s stock worth $1,170,000 after purchasing an additional 8 shares in the last quarter. Finally, Financial Advocates Investment Management boosted its holdings in shares of Markel Group by 3.2% during the 3rd quarter. Financial Advocates Investment Management now owns 259 shares of the insurance provider’s stock valued at $406,000 after purchasing an additional 8 shares during the last quarter. Institutional investors own 77.12% of the company’s stock.

Markel Group Price Performance

Shares of Markel Group stock opened at $1,707.64 on Friday. The stock has a market cap of $21.96 billion, a price-to-earnings ratio of 7.88 and a beta of 0.73. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The stock has a 50 day moving average price of $1,581.08 and a 200-day moving average price of $1,580.65. Markel Group Inc. has a one year low of $1,342.66 and a one year high of $1,733.58.

Markel Group (NYSE:MKL) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 EPS for the quarter, missing the consensus estimate of $21.97 by ($4.63). Markel Group had a return on equity of 10.86% and a net margin of 17.03%. The firm had revenue of $3.69 billion for the quarter, compared to analysts’ expectations of $3.74 billion. Equities analysts expect that Markel Group Inc. will post 89.27 EPS for the current year.

Analyst Upgrades and Downgrades

MKL has been the topic of several research reports. Citigroup lifted their target price on Markel Group from $1,435.00 to $1,450.00 and gave the stock a “sell” rating in a report on Tuesday, July 23rd. Jefferies Financial Group lifted their price objective on Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Royal Bank of Canada reduced their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,651.83.

Markel Group Profile

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.