Bradyco Inc. Buys Shares of 2,474 Markel Group Inc. (NYSE:MKL)

Bradyco Inc. acquired a new position in shares of Markel Group Inc. (NYSE:MKL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,474 shares of the insurance provider's stock, valued at approximately $4,271,000. Markel Group comprises approximately 3.0% of Bradyco Inc.'s holdings, making the stock its 8th largest holding.

Other large investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in shares of Markel Group during the 3rd quarter valued at approximately $31,000. FPC Investment Advisory Inc. purchased a new stake in Markel Group in the fourth quarter valued at $37,000. SBI Securities Co. Ltd. acquired a new position in shares of Markel Group in the 4th quarter valued at $36,000. Larson Financial Group LLC purchased a new position in shares of Markel Group during the 3rd quarter worth $36,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Markel Group during the 4th quarter worth about $41,000. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Markel Group Stock Down 0.3 %

NYSE:MKL traded down $6.18 during midday trading on Tuesday, hitting $1,829.63. 88,665 shares of the company were exchanged, compared to its average volume of 72,119. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $23.36 billion, a PE ratio of 9.19 and a beta of 0.82. The company has a fifty day simple moving average of $1,829.20 and a 200 day simple moving average of $1,702.80.

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Markel Group (NYSE:MKL - Get Free Report) last released its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 analysts anticipate that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Insider Transactions at Markel Group

In other Markel Group news, Director Steven A. Markel sold 1,146 shares of the business's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $1,858.49, for a total transaction of $2,129,829.54. Following the sale, the director now directly owns 63,722 shares in the company, valued at approximately $118,426,699.78. The trade was a 1.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas Sinnickson Gayner purchased 100 shares of the stock in a transaction dated Friday, February 7th. The shares were 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 owns 48,945 shares in the company, valued at approximately $98,282,049.45. This trade represents a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 2,034 shares of company stock worth $3,778,952 over the last ninety days. 1.71% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MKL shares. TD Cowen cut shares of Markel Group from a "buy" rating to a "hold" rating and decreased their target price for the company from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. Royal Bank of Canada upped their price objective on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a "sector perform" rating in a report on Friday, February 7th. Finally, StockNews.com downgraded shares of Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to data from MarketBeat, Markel Group currently has a consensus rating of "Hold" and a consensus price target of $1,685.17.

Markel Group 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.