Motley Fool Wealth Management LLC Has $15.30 Million Stock Position in Markel Group Inc. (NYSE:MKL)

Motley Fool Wealth Management LLC reduced its stake in Markel Group Inc. (NYSE:MKL - Free Report) by 1.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,882 shares of the insurance provider's stock after selling 165 shares during the quarter. Motley Fool Wealth Management LLC owned 0.07% of Markel Group worth $15,300,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Intech Investment Management LLC grew its stake in shares of Markel Group by 18.4% during the 3rd quarter. Intech Investment Management LLC now owns 862 shares of the insurance provider's stock worth $1,352,000 after acquiring an additional 134 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Markel Group by 1.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 55,718 shares of the insurance provider's stock worth $87,398,000 after buying an additional 766 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of Markel Group by 16.0% during the 3rd quarter. Cerity Partners LLC now owns 4,540 shares of the insurance provider's stock worth $7,121,000 after buying an additional 625 shares during the last quarter. Larson Financial Group LLC bought a new position in shares of Markel Group in the 3rd quarter valued at about $36,000. Finally, Daiwa Securities Group Inc. increased its position in shares of Markel Group by 12.5% in the third quarter. Daiwa Securities Group Inc. now owns 990 shares of the insurance provider's stock valued at $1,553,000 after acquiring an additional 110 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

A number of research firms have weighed in on MKL. Royal Bank of Canada raised 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. TD Cowen cut shares of Markel Group from a "buy" rating to a "hold" rating and decreased their target price for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. Finally, StockNews.com lowered shares of Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $1,702.20.

Markel Group Stock Performance

Shares of NYSE:MKL traded down $17.68 on Friday, hitting $1,853.88. The company had a trading volume of 37,426 shares, compared to its average volume of 47,245. The stock has a market cap of $23.67 billion, a price-to-earnings ratio of 9.31 and a beta of 0.82. The stock has a 50 day moving average price of $1,865.72 and a 200 day moving average price of $1,729.19. Markel Group Inc. has a 1-year low of $1,417.65 and a 1-year high of $2,063.68. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26.

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%. Analysts expect that Markel Group Inc. will post 96.25 EPS for the current year.

Insider Buying and Selling

In other Markel Group news, CEO Thomas Sinnickson Gayner acquired 100 shares of the company's stock in a transaction on Friday, February 7th. The stock was acquired at an average price of $2,008.01 per share, for a total transaction of $200,801.00. Following the purchase, the chief executive officer now directly owns 48,945 shares of the company's stock, valued at $98,282,049.45. This trade represents a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Steven A. Markel sold 1,146 shares of the 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 transaction of $2,129,829.54. Following the transaction, the director now owns 63,722 shares in the company, valued at approximately $118,426,699.78. The trade was a 1.77 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,034 shares of company stock valued at $3,778,952. Insiders own 1.71% of the company's stock.

Markel Group Company 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.