1,921 Shares in Markel Group Inc. (NYSE:MKL) Acquired by OLD Mission Capital LLC

OLD Mission Capital LLC purchased a new position in Markel Group Inc. (NYSE:MKL - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 1,921 shares of the insurance provider's stock, valued at approximately $3,316,000.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Markel Group in the 4th quarter worth approximately $254,795,000. Proficio Capital Partners LLC purchased a new position in Markel Group during the fourth quarter worth $169,852,000. Davis Selected Advisers increased its position in Markel Group by 27.9% during the fourth quarter. Davis Selected Advisers now owns 370,522 shares of the insurance provider's stock valued at $639,606,000 after acquiring an additional 80,922 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Markel Group in the fourth quarter valued at $98,743,000. Finally, Boston Partners boosted its stake in shares of Markel Group by 17.6% during the 4th quarter. Boston Partners now owns 281,820 shares of the insurance provider's stock worth $486,580,000 after purchasing an additional 42,178 shares during the period. 77.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MKL has been the subject of several analyst reports. StockNews.com downgraded shares of Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada upped their price objective on Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a research report on Friday, February 7th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. According to MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus price target of $1,702.20.

Markel Group Trading Down 5.8 %

Shares of NYSE:MKL traded down $106.29 during trading on Friday, reaching $1,721.17. 90,688 shares of the company were exchanged, compared to its average volume of 47,707. 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 market capitalization of $21.98 billion, a PE ratio of 8.65 and a beta of 0.70. The business's fifty day simple moving average is $1,868.94 and its 200-day simple moving average is $1,738.75. Markel Group Inc. has a 12-month low of $1,417.65 and a 12-month high of $2,063.68.

Markel Group (NYSE:MKL - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $20.51 EPS for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. On average, research analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current year.

Insider Activity at Markel Group

In other Markel Group news, Director Steven A. Markel sold 1,146 shares of the firm's stock in a transaction dated Monday, February 24th. The shares were 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 of the company's stock, valued at approximately $118,426,699.78. This trade represents a 1.77 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Thomas Sinnickson Gayner purchased 100 shares of the stock in a transaction dated Friday, February 7th. The stock was acquired at an average cost of $2,008.01 per share, with a total value of $200,801.00. Following the transaction, the chief executive officer now directly owns 48,945 shares in the company, valued at approximately $98,282,049.45. This trade represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. Insiders sold 2,034 shares of company stock worth $3,778,952 over the last three months. 1.71% of the stock is owned by corporate insiders.

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.