Henshaw Capital LLC Reduces Position in Markel Group Inc. $MKL

Henshaw Capital LLC decreased its holdings in shares of Markel Group Inc. (NYSE:MKL) by 16.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,720 shares of the insurance provider’s stock after selling 342 shares during the period. Henshaw Capital LLC’s holdings in Markel Group were worth $3,292,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Valley National Advisers Inc. bought a new stake in Markel Group during the fourth quarter valued at about $25,000. Fideuram Asset Management Ireland dac purchased a new stake in Markel Group in the fourth quarter worth about $26,000. Reflection Asset Management bought a new position in shares of Markel Group in the fourth quarter worth about $26,000. Measured Wealth Private Client Group LLC bought a new position in shares of Markel Group in the third quarter worth about $29,000. Finally, V Square Quantitative Management LLC purchased a new position in shares of Markel Group during the 4th quarter valued at about $32,000. 77.12% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MKL. Weiss Ratings downgraded Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Wall Street Zen raised shares of Markel Group from a “sell” rating to a “hold” rating in a report on Saturday. Wolfe Research began coverage on shares of Markel Group in a research report on Wednesday, July 1st. They issued an “underperform” rating for the company. Finally, Truist Financial reduced their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research note on Thursday, April 30th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $2,025.00.

Insider Activity at Markel Group

In related news, Director Diane Leopold acquired 50 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was acquired at an average cost of $1,789.19 per share, with a total value of $89,459.50. Following the acquisition, the director directly owned 550 shares in the company, valued at $984,054.50. This represents a 10.00% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Greta J. Harris sold 76 shares of Markel Group stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the sale, the director owned 645 shares in the company, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.08% of the stock is currently owned by company insiders.

Markel Group Price Performance

Shares of Markel Group stock opened at $1,882.00 on Friday. The company has a market capitalization of $23.32 billion, a price-to-earnings ratio of 10.35 and a beta of 0.66. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. The stock’s 50-day simple moving average is $1,902.13 and its 200-day simple moving average is $1,944.19. Markel Group Inc. has a 52 week low of $1,719.41 and a 52 week high of $2,207.59.

About Markel Group

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.