Fiduciary Alliance LLC Boosts Stock Holdings in Markel Group Inc. (NYSE:MKL)

Fiduciary Alliance LLC boosted its holdings in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 25.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,881 shares of the insurance provider's stock after purchasing an additional 379 shares during the period. Fiduciary Alliance LLC's holdings in Markel Group were worth $3,247,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new stake in shares of Markel Group during the third quarter worth approximately $31,000. Toth Financial Advisory Corp lifted its position in Markel Group by 1,000.0% in the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider's stock valued at $35,000 after purchasing an additional 20 shares during the period. Larson Financial Group LLC purchased a new stake in Markel Group in the 3rd quarter valued at approximately $36,000. Wilmington Savings Fund Society FSB acquired a new position in Markel Group during the third quarter worth $42,000. Finally, UMB Bank n.a. increased its holdings in shares of Markel Group by 833.3% in the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider's stock valued at $44,000 after purchasing an additional 25 shares in the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Price Performance

Shares of MKL traded up $7.32 during trading hours on Monday, reaching $1,667.46. 77,504 shares of the company traded hands, compared to its average volume of 55,443. The stock has a market capitalization of $21.45 billion, a PE ratio of 7.69 and a beta of 0.78. The stock has a fifty day simple moving average of $1,717.49 and a 200 day simple moving average of $1,619.41. Markel Group Inc. has a fifty-two week low of $1,342.66 and a fifty-two week high of $1,809.11. 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 (NYSE:MKL - Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing analysts' consensus estimates of $21.97 by ($4.63). Markel Group had a net margin of 17.03% and a return on equity of 10.86%. The firm had revenue of $3.69 billion during the quarter, compared to analyst estimates of $3.74 billion. As a group, research analysts predict that Markel Group Inc. will post 86.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on MKL shares. StockNews.com raised shares of Markel Group from a "hold" rating to a "buy" rating in a report on Monday, December 30th. Jefferies Financial Group raised their price objective on Markel Group from $1,590.00 to $1,600.00 and gave the company a "hold" rating in a research note on Wednesday, October 9th. Royal Bank of Canada decreased their target price on Markel Group from $1,700.00 to $1,675.00 and set a "sector perform" rating on the stock in a research report on Friday, November 1st. Finally, TD Cowen cut Markel Group from a "buy" rating to a "hold" rating and dropped their price target for the company from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. One analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $1,626.83.

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.