335 Shares in Markel Group Inc. $MKL Acquired by MQS Management LLC

MQS Management LLC bought a new position in shares of Markel Group Inc. (NYSE:MKL) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 335 shares of the insurance provider’s stock, valued at approximately $641,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MKL. Valley National Advisers Inc. acquired a new stake in shares of Markel Group during the 4th quarter worth about $25,000. Fideuram Asset Management Ireland dac purchased a new stake in Markel Group in the 4th quarter valued at about $26,000. Reflection Asset Management acquired a new position in Markel Group in the fourth quarter valued at about $26,000. Measured Wealth Private Client Group LLC acquired a new position in Markel Group in the third quarter valued at about $29,000. Finally, V Square Quantitative Management LLC purchased a new position in Markel Group during the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Markel Group Stock Performance

NYSE MKL opened at $1,951.01 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market cap of $24.41 billion, a P/E ratio of 14.06 and a beta of 0.67. The stock has a 50-day moving average of $1,853.68 and a two-hundred day moving average of $1,974.48. Markel Group Inc. has a 1-year low of $1,719.41 and a 1-year high of $2,207.59.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share (EPS) for the quarter, missing the consensus estimate of $26.38 by ($45.28). Markel Group had a return on equity of 7.90% and a net margin of 10.85%.The business had revenue of $3.55 billion for the quarter, compared to analyst estimates of $3.66 billion. As a group, analysts anticipate that Markel Group Inc. will post 113.55 EPS for the current year.

Insider Buying and Selling

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

Analyst Ratings Changes

A number of equities research analysts have weighed in on MKL shares. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Wall Street Zen downgraded shares of Markel Group from a “buy” rating to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings lowered Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Brean Capital started coverage on Markel Group in a research note on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price target on the stock. Five research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $2,025.00.

Markel Group Profile

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.