Markel Group Inc. (NYSE:MKL) Position Lessened by Leuthold Group LLC

Leuthold Group LLC lowered its position in Markel Group Inc. (NYSE:MKL) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,977 shares of the insurance provider’s stock after selling 84 shares during the quarter. Leuthold Group LLC’s holdings in Markel Group were worth $3,413,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MKL. Concurrent Investment Advisors LLC grew its stake in shares of Markel Group by 1.5% in the 4th quarter. Concurrent Investment Advisors LLC now owns 469 shares of the insurance provider’s stock valued at $810,000 after buying an additional 7 shares in the last quarter. Handelsbanken Fonder AB lifted its stake in Markel Group by 14.7% in the fourth quarter. Handelsbanken Fonder AB now owns 2,870 shares of the insurance provider’s stock valued at $4,954,000 after acquiring an additional 368 shares during the last quarter. Ieq Capital LLC grew its position in Markel Group by 109.5% in the fourth quarter. Ieq Capital LLC now owns 442 shares of the insurance provider’s stock worth $763,000 after acquiring an additional 231 shares in the last quarter. Freedom Day Solutions LLC increased its stake in shares of Markel Group by 16.6% during the 4th quarter. Freedom Day Solutions LLC now owns 1,729 shares of the insurance provider’s stock worth $2,985,000 after purchasing an additional 246 shares during the last quarter. Finally, Hudson Value Partners LLC raised its holdings in shares of Markel Group by 4.8% during the 4th quarter. Hudson Value Partners LLC now owns 3,339 shares of the insurance provider’s stock valued at $5,764,000 after purchasing an additional 153 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Thomas Sinnickson Gayner acquired 100 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were bought at an average price of $2,008.01 per share, for a total transaction of $200,801.00. Following the acquisition, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This trade represents a 0.20 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.71% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MKL has been the subject of a number of recent research reports. StockNews.com cut shares of Markel Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Royal Bank of Canada upped their price target 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. Finally, TD Cowen downgraded Markel Group from a “buy” rating to a “hold” rating and cut their price objective for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $1,685.17.

Markel Group Stock Down 0.9 %

MKL stock opened at $1,837.64 on Friday. The stock has a market capitalization of $23.63 billion, a price-to-earnings ratio of 9.23 and a beta of 0.78. The company has a 50-day moving average of $1,791.50 and a two-hundred day moving average of $1,670.99. Markel Group Inc. has a 52-week low of $1,417.65 and a 52-week high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60.

Markel Group (NYSE:MKL) last announced its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share 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%. As a group, equities research analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current year.

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.