Barr E S & Co. Has $139.57 Million Stake in Markel Group Inc. (NYSE:MKL)

Barr E S & Co. raised its holdings in Markel Group Inc. (NYSE:MKL - Free Report) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,853 shares of the insurance provider's stock after purchasing an additional 1,957 shares during the period. Markel Group accounts for approximately 8.3% of Barr E S & Co.'s portfolio, making the stock its 2nd largest holding. Barr E S & Co. owned approximately 0.63% of Markel Group worth $139,571,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Private Trust Co. NA grew its holdings in shares of Markel Group by 23.1% during the fourth quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock worth $55,000 after buying an additional 6 shares in the last quarter. Wellington Shields & Co. LLC lifted its stake in shares of Markel Group by 4.3% during the 4th quarter. Wellington Shields & Co. LLC now owns 145 shares of the insurance provider's stock worth $250,000 after purchasing an additional 6 shares during the period. Gilbert & Cook Inc. boosted its holdings in shares of Markel Group by 1.7% during the fourth quarter. Gilbert & Cook Inc. now owns 428 shares of the insurance provider's stock worth $739,000 after purchasing an additional 7 shares during the last quarter. Greenleaf Trust grew its position in shares of Markel Group by 3.4% in the fourth quarter. Greenleaf Trust now owns 213 shares of the insurance provider's stock valued at $368,000 after purchasing an additional 7 shares during the period. Finally, Concurrent Investment Advisors LLC increased its stake in Markel Group by 1.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 469 shares of the insurance provider's stock valued at $810,000 after purchasing an additional 7 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

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Markel Group Trading Down 0.3 %

Shares of NYSE:MKL traded down $5.69 during trading on Tuesday, reaching $1,782.56. 44,039 shares of the stock were exchanged, compared to its average volume of 48,025. The firm's 50-day moving average price is $1,848.95 and its 200 day moving average price is $1,748.49. The firm has a market cap of $22.66 billion, a price-to-earnings ratio of 8.96 and a beta of 0.70. Markel Group Inc. has a 12-month low of $1,417.65 and a 12-month high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60.

Markel Group (NYSE:MKL - Get Free Report) last released its quarterly earnings data 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 return on equity of 7.55% and a net margin of 16.34%. On average, sell-side analysts anticipate that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Insider Activity at Markel Group

In other Markel Group news, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction dated Friday, February 7th. The stock was bought at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the purchase, the chief executive officer now directly owns 48,945 shares of the company's stock, valued at approximately $98,282,049.45. The trade was a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Steven A. Markel sold 800 shares of the business's stock in a transaction dated 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 completion of the transaction, the director now owns 64,868 shares in the company, valued at approximately $120,446,902.40. This trade represents a 1.22 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 2,034 shares of company stock worth $3,778,952. Corporate insiders own 1.71% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on the company. StockNews.com cut Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada increased their price target on shares of 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 equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus 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.