Integrated Quantitative Investments LLC Buys Shares of 220 Markel Group Inc. (NYSE:MKL)

Integrated Quantitative Investments LLC purchased a new position in Markel Group Inc. (NYSE:MKL) during the fourth quarter, HoldingsChannel reports. The firm purchased 220 shares of the insurance provider’s stock, valued at approximately $380,000.

Several other large investors also recently modified their holdings of MKL. FPC Investment Advisory Inc. purchased a new position in Markel Group in the fourth quarter worth about $37,000. SBI Securities Co. Ltd. bought a new stake in Markel Group during the fourth quarter valued at approximately $36,000. Global Trust Asset Management LLC bought a new stake in Markel Group during the fourth quarter valued at approximately $41,000. Wilmington Savings Fund Society FSB purchased a new stake in Markel Group during the third quarter valued at approximately $42,000. Finally, Quarry LP boosted its stake in shares of Markel Group by 3,000.0% during the 3rd quarter. Quarry LP now owns 31 shares of the insurance provider’s stock worth $49,000 after acquiring an additional 30 shares during the last quarter. Institutional investors own 77.12% of the company’s stock.

Insider Transactions at Markel Group

In other Markel Group news, Director Steven A. Markel sold 800 shares of Markel Group stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $1,856.80, for a total value of $1,485,440.00. Following the sale, the director now owns 64,868 shares of the company’s stock, valued at $120,446,902.40. The trade was a 1.22 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction dated Friday, February 7th. The shares were purchased at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the transaction, the chief executive officer now directly owns 48,945 shares in the company, valued at approximately $98,282,049.45. The trade was a 0.20 % increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 2,034 shares of company stock valued at $3,778,952. 1.71% of the stock is currently owned by corporate insiders.

Markel Group Trading Down 5.8 %

Shares of MKL stock opened at $1,721.17 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The stock has a fifty day simple moving average of $1,868.94 and a two-hundred day simple moving average of $1,737.63. The firm has a market capitalization of $21.98 billion, a PE ratio of 8.65 and a beta of 0.82. Markel Group Inc. has a 52-week low of $1,417.65 and a 52-week high of $2,063.68.

Markel Group (NYSE:MKL) last issued its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. On average, analysts predict that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. StockNews.com lowered Markel Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Royal Bank of Canada raised their price objective on Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research note on Friday, February 7th. One analyst has rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $1,702.20.

About Markel Group

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.