B. Metzler seel. Sohn & Co. Holding AG Makes New $551,000 Investment in Markel Group Inc. (NYSE:MKL)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Markel Group Inc. (NYSE:MKL - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 351 shares of the insurance provider's stock, valued at approximately $551,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Gold Investment Management Ltd. increased its holdings in shares of Markel Group by 0.6% in the third quarter. Gold Investment Management Ltd. now owns 1,219 shares of the insurance provider's stock valued at $1,912,000 after purchasing an additional 7 shares during the last quarter. Epic Trust Investment Advisors LLC raised its holdings in shares of Markel Group by 4.6% during the 2nd quarter. Epic Trust Investment Advisors LLC now owns 181 shares of the insurance provider's stock worth $285,000 after acquiring an additional 8 shares during the period. Freedom Day Solutions LLC grew its holdings in shares of Markel Group by 0.5% in the third quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider's stock valued at $2,326,000 after purchasing an additional 8 shares during the period. Hunter Associates Investment Management LLC increased its position in Markel Group by 1.1% during the third quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider's stock worth $1,170,000 after purchasing an additional 8 shares during the last quarter. Finally, Financial Advocates Investment Management boosted its holdings in Markel Group by 3.2% in the 3rd quarter. Financial Advocates Investment Management now owns 259 shares of the insurance provider's stock valued at $406,000 after purchasing an additional 8 shares during the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Royal Bank of Canada reduced their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a "sector perform" rating on the stock in a research report on Friday, November 1st. Jefferies Financial Group upped their price target on Markel Group from $1,590.00 to $1,600.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Finally, StockNews.com downgraded Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $1,651.83.

Markel Group Trading Up 0.6 %

NYSE:MKL traded up $10.34 during trading hours on Monday, reaching $1,760.34. 87,178 shares of the stock were exchanged, compared to its average volume of 43,367. Markel Group Inc. has a twelve month low of $1,342.66 and a twelve month high of $1,774.98. The business has a 50-day moving average of $1,597.58 and a two-hundred day moving average of $1,586.16. The company has a market capitalization of $22.64 billion, a price-to-earnings ratio of 8.12 and a beta of 0.73. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL - Get Free Report) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%. On average, equities analysts predict that Markel Group Inc. will post 88.52 EPS for the current year.

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.