Corient Private Wealth LP Invests $6.56 Million in Markel Group Inc. $MKL

Corient Private Wealth LP acquired a new position in Markel Group Inc. (NYSE:MKL) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 3,361 shares of the insurance provider’s stock, valued at approximately $6,564,000.

Several other large investors have also recently bought and sold shares of the stock. Keybank National Association OH raised its position in shares of Markel Group by 0.7% during the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after buying an additional 5 shares in the last quarter. Wellington Shields & Co. LLC boosted its stake in Markel Group by 3.2% during the 4th quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock valued at $344,000 after purchasing an additional 5 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Markel Group by 13.9% during the 4th quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock valued at $88,000 after purchasing an additional 5 shares during the period. Moneta Group Investment Advisors LLC raised its stake in shares of Markel Group by 4.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock worth $254,000 after buying an additional 5 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in shares of Markel Group by 1.1% in the 4th quarter. Lido Advisors LLC now owns 460 shares of the insurance provider’s stock worth $912,000 after buying an additional 5 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MKL. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 17th. Finally, Wolfe Research assumed coverage on shares of Markel Group in a report on Wednesday, July 1st. They issued an “underperform” rating for the company. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Markel Group currently has an average rating of “Hold” and a consensus price target of $2,025.00.

Markel Group Trading Up 0.1%

Markel Group stock opened at $1,821.21 on Monday. The firm has a market cap of $22.56 billion, a price-to-earnings ratio of 10.01 and a beta of 0.66. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The firm’s 50 day moving average price is $1,902.99 and its two-hundred day moving average price is $1,911.84. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63.

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.