Markel Group Inc. (NYSE:MKL) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 134.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,192 shares of the insurance provider's stock after acquiring an additional 683 shares during the period. Robeco Institutional Asset Management B.V.'s holdings in Markel Group were worth $1,870,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Epic Trust Investment Advisors LLC boosted its holdings in Markel Group by 4.6% in the second quarter. Epic Trust Investment Advisors LLC now owns 181 shares of the insurance provider's stock valued at $285,000 after purchasing an additional 8 shares during the period. Freedom Day Solutions LLC increased its stake in shares of Markel Group by 0.5% during the third quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider's stock worth $2,326,000 after buying an additional 8 shares during the period. Hunter Associates Investment Management LLC raised its holdings in Markel Group by 1.1% in the third quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider's stock valued at $1,170,000 after acquiring an additional 8 shares in the last quarter. Financial Advocates Investment Management lifted its stake in Markel Group by 3.2% in the third quarter. Financial Advocates Investment Management now owns 259 shares of the insurance provider's stock worth $406,000 after acquiring an additional 8 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC grew its holdings in Markel Group by 5.3% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 198 shares of the insurance provider's stock worth $312,000 after acquiring an additional 10 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Markel Group Stock Performance

MKL traded up $14.60 during trading on Friday, hitting $1,650.74. 40,707 shares of the stock were exchanged, compared to its average volume of 48,689. The firm has a market capitalization of $21.23 billion, a P/E ratio of 7.61 and a beta of 0.73. Markel Group Inc. has a 1-year low of $1,325.00 and a 1-year high of $1,675.51. The stock has a fifty day moving average price of $1,569.99 and a two-hundred day moving average price of $1,573.63. 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 issued its quarterly earnings results 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). The business had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%. As a group, sell-side analysts predict that Markel Group Inc. will post 89.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Jefferies Financial Group raised their price objective on shares of Markel Group from $1,590.00 to $1,600.00 and gave the company a "hold" rating in a report on Wednesday, October 9th. Citigroup upped their price objective on Markel Group from $1,435.00 to $1,450.00 and gave the stock a "sell" rating in a research report on Tuesday, July 23rd. StockNews.com raised Markel Group from a "hold" rating to a "buy" rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada dropped their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a "sector perform" rating on the stock in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. According to MarketBeat, Markel Group currently has a consensus rating of "Hold" and an average price target of $1,651.83.

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.