Check Capital Management Inc. CA Sells 188 Shares of Markel Group Inc. (NYSE:MKL)

Check Capital Management Inc. CA trimmed its position in Markel Group Inc. (NYSE:MKL - Free Report) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,165 shares of the insurance provider's stock after selling 188 shares during the quarter. Markel Group comprises 4.0% of Check Capital Management Inc. CA's investment portfolio, making the stock its 4th biggest position. Check Capital Management Inc. CA owned 0.60% of Markel Group worth $133,205,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new stake in shares of Markel Group during the 3rd quarter worth about $31,000. Toth Financial Advisory Corp lifted its stake in Markel Group by 1,000.0% during the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider's stock worth $35,000 after purchasing an additional 20 shares in the last quarter. Larson Financial Group LLC purchased a new position in Markel Group during the 3rd quarter valued at about $36,000. Global Trust Asset Management LLC acquired a new position in Markel Group in the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Markel Group during the third quarter worth about $42,000. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on MKL shares. StockNews.com downgraded shares of Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada upped their price objective on Markel Group from $1,750.00 to $2,025.00 and gave the stock a "sector perform" rating in a research report on Friday, February 7th. Finally, TD Cowen lowered 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 report on Monday, December 2nd. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus target price of $1,685.17.

Markel Group Stock Down 0.9 %

Shares of MKL stock traded down $17.69 on Wednesday, reaching $1,856.10. 66,185 shares of the stock were exchanged, compared to its average volume of 74,731. The company has a market capitalization of $23.87 billion, a price-to-earnings ratio of 9.33 and a beta of 0.78. The business's 50 day moving average price is $1,789.25 and its 200 day moving average price is $1,669.70. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a twelve month low of $1,417.65 and a twelve month high of $2,063.68.

Markel Group (NYSE:MKL - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $20.51 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, sell-side analysts expect that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Thomas Sinnickson Gayner acquired 100 shares of the company's stock in a transaction on Friday, February 7th. The shares were bought at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the acquisition, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This trade represents a 0.20 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.71% of the stock is owned by corporate insiders.

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.