Natixis Advisors L.P. Has $18.23 Million Stock Holdings in Markel Group Inc. (NYSE:MKL)

Natixis Advisors L.P. lifted its stake in Markel Group Inc. (NYSE:MKL) by 5.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,840 shares of the insurance provider’s stock after purchasing an additional 714 shares during the quarter. Natixis Advisors L.P. owned 0.10% of Markel Group worth $18,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of MKL. Opal Wealth Advisors LLC increased its position in shares of Markel Group by 2.3% in the fourth quarter. Opal Wealth Advisors LLC now owns 318 shares of the insurance provider’s stock worth $452,000 after acquiring an additional 7 shares in the last quarter. Signaturefd LLC raised its stake in Markel Group by 4.9% during the 4th quarter. Signaturefd LLC now owns 151 shares of the insurance provider’s stock valued at $214,000 after purchasing an additional 7 shares during the period. Intellectus Partners LLC lifted its holdings in shares of Markel Group by 1.9% in the fourth quarter. Intellectus Partners LLC now owns 429 shares of the insurance provider’s stock valued at $609,000 after purchasing an additional 8 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in shares of Markel Group by 1.9% in the fourth quarter. Cary Street Partners Investment Advisory LLC now owns 434 shares of the insurance provider’s stock worth $616,000 after buying an additional 8 shares during the period. Finally, Parisi Gray Wealth Management grew its holdings in shares of Markel Group by 1.7% during the fourth quarter. Parisi Gray Wealth Management now owns 541 shares of the insurance provider’s stock valued at $768,000 after buying an additional 9 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MKL. Royal Bank of Canada upped their price target on Markel Group from $1,475.00 to $1,625.00 and gave the company a “sector perform” rating in a research report on Friday. Jefferies Financial Group lowered shares of Markel Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,680.00 to $1,500.00 in a research report on Monday, February 5th. Truist Financial boosted their price objective on shares of Markel Group from $1,400.00 to $1,600.00 and gave the company a “hold” rating in a research report on Friday. Finally, Janney Montgomery Scott reiterated a “neutral” rating and issued a $1,600.00 target price on shares of Markel Group in a research report on Friday, March 15th. One equities research 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 stock currently has a consensus rating of “Hold” and a consensus price target of $1,520.00.

Markel Group Stock Up 0.7 %

MKL opened at $1,592.43 on Tuesday. The company has a market capitalization of $20.70 billion, a PE ratio of 8.60 and a beta of 0.69. The business has a 50-day moving average of $1,491.08 and a 200-day moving average of $1,445.53. Markel Group Inc. has a fifty-two week low of $1,295.65 and a fifty-two week high of $1,619.31. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.61 and a quick ratio of 0.61.

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.