Markel Group Inc. (NYSE:MKL) Stock Has Consensus Price Target of $2,025.00

Shares of Markel Group Inc. (NYSE:MKL) have earned an average recommendation of “Reduce” from the six research firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $2,025.00.

A number of research analysts recently commented on MKL shares. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Wolfe Research assumed coverage on Markel Group in a research report on Wednesday, July 1st. They issued an “underperform” rating on the stock. Finally, Weiss Ratings lowered Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, September 17th.

Markel Group Price Performance

Markel Group stock opened at $1,736.14 on Wednesday. The business has a 50 day simple moving average of $1,818.15 and a 200 day simple moving average of $1,866.49. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $21.51 billion, a PE ratio of 9.55 and a beta of 0.64. Markel Group has a one year low of $1,704.17 and a one year high of $2,207.59.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. QRG Capital Management Inc. raised its holdings in shares of Markel Group by 13.2% in the 2nd quarter. QRG Capital Management Inc. now owns 619 shares of the insurance provider’s stock worth $1,209,000 after purchasing an additional 72 shares during the period. Andra AP fonden lifted its position in Markel Group by 98.6% during the second quarter. Andra AP fonden now owns 2,659 shares of the insurance provider’s stock valued at $5,193,000 after purchasing an additional 1,320 shares during the last quarter. Silicon Valley Capital Partners grew its stake in Markel Group by 283.3% in the 2nd quarter. Silicon Valley Capital Partners now owns 23 shares of the insurance provider’s stock worth $45,000 after buying an additional 17 shares in the last quarter. Security National Bank of SO Dak bought a new position in shares of Markel Group in the 2nd quarter worth $45,000. Finally, Blue Edge Capital LLC increased its holdings in shares of Markel Group by 79.3% in the 2nd quarter. Blue Edge Capital LLC now owns 1,997 shares of the insurance provider’s stock worth $3,900,000 after buying an additional 883 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

About Markel Group

Markel Group Inc (NYSE: MKL) is a diversified holding company focused primarily on specialty insurance and investments. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets, including commercial, professional liability, marine, casualty and other specialty lines.

Markel’s insurance business operates through a network of underwriting platforms and subsidiaries serving businesses and individuals in the United States and international markets, including the United Kingdom, Europe, Canada and other regions.