Markel Group Inc. (NYSE:MKL) Stock Holdings Lifted by HighTower Advisors LLC

HighTower Advisors LLC boosted its stake in Markel Group Inc. (NYSE:MKL - Free Report) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72,005 shares of the insurance provider's stock after acquiring an additional 1,648 shares during the period. HighTower Advisors LLC owned 0.56% of Markel Group worth $124,297,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Brooklyn Investment Group purchased a new stake in Markel Group in the 3rd quarter valued at approximately $31,000. FPC Investment Advisory Inc. acquired a new stake in shares of Markel Group during the 4th quarter worth $37,000. SBI Securities Co. Ltd. acquired a new stake in Markel Group in the 4th quarter valued at $36,000. Larson Financial Group LLC acquired a new stake in Markel Group in the 3rd quarter valued at $36,000. Finally, Global Trust Asset Management LLC acquired a new stake in Markel Group in the 4th quarter valued at $41,000. Institutional investors and hedge funds own 77.12% of the company's stock.

Insider Transactions at Markel Group

In other Markel Group news, CEO Thomas Sinnickson Gayner acquired 100 shares of Markel Group stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost 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 in the company, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Steven A. Markel sold 1,146 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $1,858.49, for a total value of $2,129,829.54. Following the transaction, the director now owns 63,722 shares of the company's stock, valued at approximately $118,426,699.78. This represents a 1.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 2,034 shares of company stock worth $3,778,952. Company insiders own 1.71% of the company's stock.

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Wall Street Analyst Weigh In

A number of analysts have recently issued reports on MKL shares. Royal Bank of Canada lifted their target price 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. StockNews.com lowered Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Finally, TD Cowen downgraded Markel Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $1,685.17.

Markel Group Stock Performance

MKL stock traded up $3.49 during midday trading on Thursday, reaching $1,819.62. The company had a trading volume of 37,088 shares, compared to its average volume of 70,877. 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 stock has a 50 day moving average price of $1,833.08 and a 200 day moving average price of $1,705.36. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The firm has a market capitalization of $23.24 billion, a PE ratio of 9.14 and a beta of 0.81.

Markel Group (NYSE:MKL - Get Free Report) last issued 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 earnings per share for the current 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.