Curi RMB Capital LLC Has $4 Million Position in Markel Group Inc. (NYSE:MKL)

Curi RMB Capital LLC decreased its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,317 shares of the insurance provider's stock after selling 157 shares during the period. Curi RMB Capital LLC's holdings in Markel Group were worth $4,000,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Anchor Investment Management LLC increased its stake in Markel Group by 6,000.0% during the 3rd quarter. Anchor Investment Management LLC now owns 61 shares of the insurance provider's stock worth $96,000 after acquiring an additional 60 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Markel Group in the third quarter worth $42,000. Blankinship & Foster LLC acquired a new position in Markel Group in the third quarter valued at about $643,000. Synovus Financial Corp lifted its position in Markel Group by 20.7% during the third quarter. Synovus Financial Corp now owns 432 shares of the insurance provider's stock worth $678,000 after purchasing an additional 74 shares during the period. Finally, Franklin Resources Inc. grew its stake in Markel Group by 10.4% during the third quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider's stock worth $8,736,000 after buying an additional 527 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. StockNews.com cut shares of Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada lifted their price target on Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a research note on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $1,702.20.

Markel Group Price Performance

Shares of NYSE MKL traded down $10.38 during mid-day trading on Friday, hitting $1,798.04. 29,746 shares of the stock traded hands, compared to its average volume of 49,056. The company has a market cap of $22.85 billion, a PE ratio of 9.02 and a beta of 0.70. Markel Group Inc. has a twelve month low of $1,433.06 and a twelve month high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a 50 day simple moving average of $1,827.36 and a two-hundred day simple moving average of $1,757.08.

Markel Group (NYSE:MKL - Get Free Report) last announced its quarterly 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%. As a group, equities research analysts forecast that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Steven A. Markel sold 88 shares of the business's stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $1,860.03, for a total value of $163,682.64. Following the sale, the director now owns 63,436 shares of the company's stock, valued at $117,992,863.08. The trade was a 0.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average cost of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the transaction, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. The trade was a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 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 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.