205 Shares in Markel Group Inc. (NYSE:MKL) Bought by DRW Securities LLC

DRW Securities LLC acquired a new position in Markel Group Inc. (NYSE:MKL - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 205 shares of the insurance provider's stock, valued at approximately $354,000.

A number of other institutional investors also recently made changes to their positions in MKL. SBI Securities Co. Ltd. acquired a new stake in Markel Group in the 4th quarter valued at approximately $36,000. FPC Investment Advisory Inc. acquired a new position in Markel Group during the fourth quarter valued at $37,000. Global Trust Asset Management LLC acquired a new stake in shares of Markel Group during the 4th quarter valued at $41,000. Wilmington Savings Fund Society FSB acquired a new position in Markel Group in the 3rd quarter worth about $42,000. Finally, Private Trust Co. NA lifted its stake in Markel Group by 23.1% in the fourth quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock valued at $55,000 after acquiring an additional 6 shares during the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on MKL shares. StockNews.com cut Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Royal Bank of Canada lifted their price target on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. According to MarketBeat.com, Markel Group currently has an average rating of "Hold" and a consensus target price of $1,702.20.

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Insider Buying and Selling at Markel Group

In other Markel Group news, Director Steven A. Markel sold 1,146 shares of the stock in a transaction on Monday, February 24th. The stock was sold at an average price of $1,858.49, for a total transaction of $2,129,829.54. Following the sale, the director now owns 63,722 shares in the company, valued at $118,426,699.78. This represents a 1.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the business's stock in a transaction dated Friday, February 7th. The stock was purchased at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the transaction, the chief executive officer now directly owns 48,945 shares of the company's stock, valued at $98,282,049.45. This trade represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 2,034 shares of company stock valued at $3,778,952. Corporate insiders own 1.66% of the company's stock.

Markel Group Stock Performance

Shares of MKL traded up $4.32 during mid-day trading on Wednesday, hitting $1,785.37. 15,274 shares of the company's stock were exchanged, compared to its average volume of 63,422. 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 Inc. has a 52 week low of $1,417.65 and a 52 week high of $2,063.68. The firm has a market cap of $22.69 billion, a price-to-earnings ratio of 8.97 and a beta of 0.70. The stock's 50-day simple moving average is $1,848.95 and its 200-day simple moving average is $1,748.49.

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 for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. On average, equities research analysts expect that Markel Group Inc. will post 96.25 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.