Markel Group Inc. (NYSE:MKL) Stock Holdings Increased by Blair William & Co. IL

Blair William & Co. IL boosted its stake in shares of Markel Group Inc. (NYSE:MKL) by 10.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,294 shares of the insurance provider’s stock after purchasing an additional 999 shares during the period. Blair William & Co. IL’s holdings in Markel Group were worth $17,770,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Davis Selected Advisers boosted its stake in shares of Markel Group by 27.9% during the 4th quarter. Davis Selected Advisers now owns 370,522 shares of the insurance provider’s stock valued at $639,606,000 after buying an additional 80,922 shares during the period. State Street Corp grew its stake in Markel Group by 4.2% in the third quarter. State Street Corp now owns 329,209 shares of the insurance provider’s stock valued at $516,391,000 after purchasing an additional 13,372 shares in the last quarter. Boston Partners increased its position in Markel Group by 17.6% in the 4th quarter. Boston Partners now owns 281,820 shares of the insurance provider’s stock worth $486,580,000 after purchasing an additional 42,178 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Markel Group by 5.2% during the 3rd quarter. Geode Capital Management LLC now owns 209,054 shares of the insurance provider’s stock worth $327,131,000 after purchasing an additional 10,254 shares in the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in shares of Markel Group during the 4th quarter valued at about $169,852,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Wall Street Analysts Forecast Growth

MKL has been the topic of several recent research reports. 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. StockNews.com lowered shares of Markel Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada increased their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $1,702.20.

Markel Group Price Performance

NYSE:MKL opened at $1,853.88 on Friday. 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 firm has a market cap of $23.67 billion, a PE ratio of 9.31 and a beta of 0.82. Markel Group Inc. has a 12 month low of $1,417.65 and a 12 month high of $2,063.68. The company’s 50-day moving average price is $1,865.72 and its two-hundred day moving average price is $1,727.77.

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

Insider Buying and Selling

In other Markel Group news, Director Steven A. Markel sold 1,146 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,858.49, for a total transaction of $2,129,829.54. Following the sale, the director now directly owns 63,722 shares in the company, valued at approximately $118,426,699.78. This trade represents a 1.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The stock was bought at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the transaction, the chief executive officer now directly owns 48,945 shares in the company, valued at $98,282,049.45. This represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 2,034 shares of company stock valued at $3,778,952 over the last ninety days. Insiders own 1.71% of the company’s stock.

Markel Group Company 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.