Values Added Financial LLC Takes Position in Markel Group Inc. (NYSE:MKL)

Values Added Financial LLC acquired a new stake in Markel Group Inc. (NYSE:MKL - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 603 shares of the insurance provider's stock, valued at approximately $946,000.

A number of other institutional investors also recently bought and sold shares of MKL. Toth Financial Advisory Corp boosted its position in Markel Group by 1,000.0% in the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider's stock valued at $35,000 after buying an additional 20 shares during the last quarter. UMB Bank n.a. lifted its holdings in Markel Group by 833.3% in the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider's stock valued at $44,000 after acquiring an additional 25 shares during the period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Markel Group in the 2nd quarter worth approximately $45,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Markel Group during the 2nd quarter worth approximately $55,000. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of Markel Group during the 2nd quarter valued at approximately $65,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Markel Group

In other news, Director Lawrence A. Cunningham bought 20 shares of the firm's stock in a transaction on Monday, August 5th. The shares were bought at an average cost of $1,512.50 per share, for a total transaction of $30,250.00. Following the acquisition, the director now directly owns 743 shares of the company's stock, valued at $1,123,787.50. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. 1.71% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on MKL. Jefferies Financial Group lifted 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 target on Markel Group from $1,435.00 to $1,450.00 and gave the stock a "sell" rating in a report on Tuesday, July 23rd. StockNews.com cut Markel Group from a "buy" rating to a "hold" rating in a research report on Monday, October 7th. TD Cowen assumed coverage on shares of Markel Group in a research report on Tuesday, July 9th. They set a "buy" rating and a $1,986.00 price objective for the company. Finally, Royal Bank of Canada decreased 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $1,651.83.

Markel Group Price Performance

MKL traded up $2.99 during trading on Friday, reaching $1,545.00. The company's stock had a trading volume of 68,475 shares, compared to its average volume of 42,650. The company has a market cap of $19.99 billion, a price-to-earnings ratio of 7.15 and a beta of 0.73. The firm has a fifty day simple moving average of $1,568.21 and a two-hundred day simple moving average of $1,566.46. Markel Group Inc. has a 1 year low of $1,295.65 and a 1 year high of $1,670.24. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.29.

Markel Group (NYSE:MKL - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 EPS for the quarter, missing analysts' consensus estimates of $21.97 by ($4.63). Markel Group had a return on equity of 11.14% and a net margin of 17.03%. The company had revenue of $3.69 billion for the quarter, compared to analysts' expectations of $3.74 billion. As a group, analysts anticipate that Markel Group Inc. will post 91.55 EPS 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.