Tyler Stone Wealth Management Invests $479,000 in Markel Group Inc. $MKL

Tyler Stone Wealth Management purchased a new stake in shares of Markel Group Inc. (NYSE:MKL) in the second quarter, Holdings Channel reports. The firm purchased 240 shares of the insurance provider’s stock, valued at approximately $479,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of Markel Group in the fourth quarter valued at about $236,000. Invesco Ltd. grew its stake in shares of Markel Group by 2.6% in the first quarter. Invesco Ltd. now owns 17,338 shares of the insurance provider’s stock worth $32,415,000 after purchasing an additional 435 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Markel Group by 1.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 118,851 shares of the insurance provider’s stock valued at $222,177,000 after purchasing an additional 2,187 shares during the period. Aberdeen Group plc raised its position in Markel Group by 167.3% during the 1st quarter. Aberdeen Group plc now owns 5,809 shares of the insurance provider’s stock valued at $10,861,000 after purchasing an additional 3,636 shares during the last quarter. Finally, Ethic Inc. lifted its holdings in Markel Group by 15.6% in the 1st quarter. Ethic Inc. now owns 976 shares of the insurance provider’s stock worth $1,815,000 after buying an additional 132 shares during the period. Institutional investors own 77.12% of the company’s stock.

Markel Group Stock Performance

Shares of Markel Group stock opened at $2,165.51 on Monday. Markel Group Inc. has a 12 month low of $1,621.89 and a 12 month high of $2,169.95. The firm has a market capitalization of $27.31 billion, a P/E ratio of 13.56 and a beta of 0.81. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.24. The business has a fifty day simple moving average of $1,999.24 and a two-hundred day simple moving average of $1,972.40.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, October 29th. The insurance provider reported $30.90 earnings per share for the quarter, topping analysts’ consensus estimates of $22.77 by $8.13. Markel Group had a net margin of 12.99% and a return on equity of 7.76%. The firm had revenue of $3.93 billion for the quarter, compared to the consensus estimate of $3.77 billion. On average, equities analysts forecast that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on MKL shares. Weiss Ratings restated a “buy (b+)” rating on shares of Markel Group in a report on Monday, December 8th. Cowen restated a “hold” rating on shares of Markel Group in a report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $2,025.00.

Insider Transactions at Markel Group

In other Markel Group news, CEO Simon Wilson sold 75 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were sold at an average price of $2,072.94, for a total transaction of $155,470.50. Following the completion of the transaction, the chief executive officer owned 1,770 shares of the company’s stock, valued at approximately $3,669,103.80. This trade represents a 4.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven A. Markel sold 100 shares of Markel Group stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $2,100.00, for a total transaction of $210,000.00. Following the transaction, the director owned 61,698 shares of the company’s stock, valued at $129,565,800. The trade was a 0.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 245 shares of company stock worth $512,471. Corporate insiders own 1.66% of the company’s stock.

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.