Fuller & Thaler Asset Management Inc. Increases Stock Holdings in Markel Group Inc. (NYSE:MKL)

Fuller & Thaler Asset Management Inc. raised its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,963 shares of the insurance provider's stock after purchasing an additional 230 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 0.05% of Markel Group worth $12,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Trust Co. NA raised its position in Markel Group by 23.1% during the fourth quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock valued at $55,000 after purchasing an additional 6 shares in the last quarter. Wellington Shields & Co. LLC lifted its position in Markel Group by 4.3% in the 4th quarter. Wellington Shields & Co. LLC now owns 145 shares of the insurance provider's stock worth $250,000 after buying an additional 6 shares during the last quarter. Gilbert & Cook Inc. grew its position in Markel Group by 1.7% during the fourth quarter. Gilbert & Cook Inc. now owns 428 shares of the insurance provider's stock valued at $739,000 after acquiring an additional 7 shares during the last quarter. Greenleaf Trust lifted its holdings in shares of Markel Group by 3.4% in the 4th quarter. Greenleaf Trust now owns 213 shares of the insurance provider's stock worth $368,000 after acquiring an additional 7 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of Markel Group by 1.5% in the fourth quarter. Concurrent Investment Advisors LLC now owns 469 shares of the insurance provider's stock worth $810,000 after buying an additional 7 shares during the period. Hedge funds and other institutional investors own 77.12% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on MKL. Royal Bank of Canada increased 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 research report on Friday, February 7th. StockNews.com cut Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat.com, Markel Group has an average rating of "Hold" and an average target price of $1,702.20.

Insider Transactions at Markel Group

In related news, Director Steven A. Markel sold 800 shares of the company's stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $1,856.80, for a total value of $1,485,440.00. Following the transaction, the director now owns 64,868 shares in the company, valued at $120,446,902.40. The trade was a 1.22 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of Markel Group stock in a transaction on Friday, February 7th. The shares were purchased at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the purchase, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 2,034 shares of company stock valued at $3,778,952 in the last ninety days. 1.66% of the stock is currently owned by corporate insiders.

Markel Group Stock Up 0.5 %

Shares of NYSE:MKL traded up $9.83 during trading on Monday, hitting $1,812.98. The stock had a trading volume of 38,576 shares, compared to its average volume of 49,323. The company has a market capitalization of $23.04 billion, a PE ratio of 9.11 and a beta of 0.70. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. The firm's fifty day moving average is $1,826.00 and its 200 day moving average is $1,761.61. Markel Group Inc. has a 12 month low of $1,436.00 and a 12 month high of $2,063.68.

Markel Group (NYSE:MKL - Get Free Report) last announced its earnings results 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%. Analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

About Markel Group

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.