Markel Group Inc. (NYSE:MKL) Shares Bought by Freedom Day Solutions LLC

Freedom Day Solutions LLC increased its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 16.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,729 shares of the insurance provider's stock after purchasing an additional 246 shares during the quarter. Markel Group makes up 0.9% of Freedom Day Solutions LLC's holdings, making the stock its 27th largest position. Freedom Day Solutions LLC's holdings in Markel Group were worth $2,985,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Hudson Value Partners LLC increased its position in Markel Group by 4.8% during the 4th quarter. Hudson Value Partners LLC now owns 3,339 shares of the insurance provider's stock valued at $5,764,000 after buying an additional 153 shares in the last quarter. New York State Common Retirement Fund increased its position in Markel Group by 4.1% during the 4th quarter. New York State Common Retirement Fund now owns 10,041 shares of the insurance provider's stock valued at $17,333,000 after buying an additional 400 shares in the last quarter. Mraz Amerine & Associates Inc. increased its position in Markel Group by 0.9% during the 4th quarter. Mraz Amerine & Associates Inc. now owns 18,660 shares of the insurance provider's stock valued at $32,211,000 after buying an additional 171 shares in the last quarter. CIBC Asset Management Inc increased its position in Markel Group by 13.2% during the 4th quarter. CIBC Asset Management Inc now owns 532 shares of the insurance provider's stock valued at $918,000 after buying an additional 62 shares in the last quarter. Finally, Evergreen Wealth Management LLC increased its position in Markel Group by 2.3% during the 4th quarter. Evergreen Wealth Management LLC now owns 3,604 shares of the insurance provider's stock valued at $6,221,000 after buying an additional 81 shares in the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MKL has been the topic of several recent analyst reports. TD Cowen lowered Markel Group from a "buy" rating to a "hold" rating and reduced 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 target price on Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a research report on Friday, February 7th. Finally, StockNews.com lowered 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 issued a hold rating to the company's stock. Based on data from MarketBeat, Markel Group has an average rating of "Hold" and a consensus target price of $1,685.17.

Markel Group Stock Performance

Markel Group stock traded down $15.52 during midday trading on Friday, hitting $1,838.28. 35,934 shares of the company were exchanged, compared to its average volume of 73,243. The firm has a market capitalization of $23.64 billion, a PE ratio of 9.25 and a beta of 0.78. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The business has a fifty day simple moving average of $1,791.50 and a two-hundred day simple moving average of $1,670.99. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60.

Markel Group (NYSE:MKL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 EPS for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. On average, sell-side analysts forecast that Markel Group Inc. will post 96.25 earnings per share for the current year.

Insider Buying and Selling

In other Markel Group news, CEO Thomas Sinnickson Gayner purchased 100 shares of the stock in a transaction on Friday, February 7th. The shares were bought at an average price of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the transaction, the chief executive officer now 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 transaction was disclosed in a document filed with the SEC, which is available through this link. 1.71% of the stock is owned by corporate insiders.

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.