574 Markel Group Inc. $MKL Shares Acquired by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. boosted its stake in Markel Group Inc. (NYSE:MKL) by 2.9% during the third quarter, HoldingsChannel reports. The firm owned 20,184 shares of the insurance provider’s stock after buying an additional 574 shares during the period. Markel Group comprises about 5.4% of Mraz Amerine & Associates Inc.’s portfolio, making the stock its 5th biggest holding. Mraz Amerine & Associates Inc.’s holdings in Markel Group were worth $34,564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Pin Oak Investment Advisors Inc. bought a new position in shares of Markel Group in the 2nd quarter worth $31,000. Fortitude Family Office LLC lifted its holdings in shares of Markel Group by 100.0% during the 3rd quarter. Fortitude Family Office LLC now owns 22 shares of the insurance provider’s stock worth $38,000 after acquiring an additional 11 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Markel Group during the 2nd quarter worth $39,000. NFSG Corp purchased a new position in Markel Group in the first quarter worth $40,000. Finally, Security National Bank of SO Dak purchased a new position in Markel Group in the second quarter worth $45,000. 77.12% of the stock is currently owned by institutional investors.

Markel Group Stock Performance

Markel Group stock opened at $1,897.29 on Wednesday. The firm has a fifty day simple moving average of $1,802.24 and a two-hundred day simple moving average of $1,897.60. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.24. Markel Group Inc. has a twelve month low of $1,704.17 and a twelve month high of $2,207.59. The company has a market capitalization of $23.20 billion, a PE ratio of 13.48 and a beta of 0.60.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Weiss Ratings cut Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $2,025.00.

About Markel Group

Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.

Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.