Captrust Financial Advisors Grows Holdings in Markel Group Inc. (NYSE:MKL)

Captrust Financial Advisors grew its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 15.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,993 shares of the insurance provider's stock after acquiring an additional 1,218 shares during the period. Captrust Financial Advisors owned about 0.07% of Markel Group worth $14,106,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Van Lanschot Kempen Investment Management N.V. lifted its stake in Markel Group by 15.4% in the second quarter. Van Lanschot Kempen Investment Management N.V. now owns 85,247 shares of the insurance provider's stock valued at $134,320,000 after purchasing an additional 11,357 shares during the last quarter. International Assets Investment Management LLC lifted its position in shares of Markel Group by 156,757.1% during the 3rd quarter. International Assets Investment Management LLC now owns 10,980 shares of the insurance provider's stock valued at $17,223,000 after buying an additional 10,973 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Markel Group during the 2nd quarter worth $15,596,000. D. E. Shaw & Co. Inc. increased its holdings in Markel Group by 52.2% in the 2nd quarter. D. E. Shaw & Co. Inc. now owns 22,341 shares of the insurance provider's stock worth $35,202,000 after acquiring an additional 7,659 shares during the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in Markel Group in the 2nd quarter valued at about $11,518,000. Hedge funds and other institutional investors own 77.12% of the company's stock.

Analyst Ratings Changes

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

Markel Group Price Performance

Markel Group stock traded down $2.19 during midday trading on Friday, reaching $1,782.92. 27,208 shares of the stock were exchanged, compared to its average volume of 49,948. Markel Group Inc. has a 52 week low of $1,342.66 and a 52 week high of $1,809.11. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The firm has a market cap of $22.93 billion, a PE ratio of 8.22 and a beta of 0.73. The company's fifty day moving average is $1,617.95 and its 200-day moving average is $1,591.31.

Markel Group (NYSE:MKL - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%. On average, sell-side analysts forecast 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.