Markel Group Inc. (NYSE:MKL) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC decreased its holdings in Markel Group Inc. (NYSE:MKL) by 20.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 5,743 shares of the insurance provider’s stock after selling 1,487 shares during the quarter. Seizert Capital Partners LLC’s holdings in Markel Group were worth $10,737,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Axxcess Wealth Management LLC raised its holdings in shares of Markel Group by 0.7% during the first quarter. Axxcess Wealth Management LLC now owns 878 shares of the insurance provider’s stock valued at $1,642,000 after acquiring an additional 6 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Markel Group by 12.7% during the first quarter. GAMMA Investing LLC now owns 62 shares of the insurance provider’s stock valued at $116,000 after acquiring an additional 7 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in shares of Markel Group by 1.1% during the first quarter. Resonant Capital Advisors LLC now owns 654 shares of the insurance provider’s stock valued at $1,223,000 after acquiring an additional 7 shares during the last quarter. Checchi Capital Advisers LLC raised its holdings in shares of Markel Group by 5.8% during the first quarter. Checchi Capital Advisers LLC now owns 128 shares of the insurance provider’s stock valued at $239,000 after acquiring an additional 7 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC raised its holdings in shares of Markel Group by 3.4% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 242 shares of the insurance provider’s stock valued at $418,000 after acquiring an additional 8 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Analyst Ratings Changes

Separately, Argus raised Markel Group from a “hold” rating to a “buy” rating in a report on Friday, May 30th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $1,820.33.

Insider Activity

In other news, Director Greta J. Harris sold 90 shares of the company’s stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of $1,861.44, for a total value of $167,529.60. Following the completion of the sale, the director directly owned 632 shares in the company, valued at $1,176,430.08. This represents a 12.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.66% of the stock is owned by company insiders.

Markel Group Price Performance

MKL stock opened at $2,017.17 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62 and a quick ratio of 0.62. The business has a 50 day simple moving average of $1,964.82 and a 200-day simple moving average of $1,883.27. The firm has a market capitalization of $25.59 billion, a PE ratio of 14.87 and a beta of 0.84. Markel Group Inc. has a 1 year low of $1,491.03 and a 1 year high of $2,063.68.

Markel Group Company Profile

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.