469 Shares in Markel Group Inc. (NYSE:MKL) Purchased by SG Americas Securities LLC

SG Americas Securities LLC acquired a new position in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 469 shares of the insurance provider's stock, valued at approximately $810,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gold Investment Management Ltd. grew its holdings in shares of Markel Group by 0.6% during the third quarter. Gold Investment Management Ltd. now owns 1,219 shares of the insurance provider's stock worth $1,912,000 after buying an additional 7 shares during the last quarter. Freedom Day Solutions LLC increased its holdings in Markel Group by 0.5% in the third quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider's stock valued at $2,326,000 after buying an additional 8 shares in the last quarter. Hunter Associates Investment Management LLC increased its stake in Markel Group by 1.1% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider's stock valued at $1,170,000 after purchasing an additional 8 shares in the last quarter. Financial Advocates Investment Management raised its stake in shares of Markel Group by 3.2% during the 3rd quarter. Financial Advocates Investment Management now owns 259 shares of the insurance provider's stock worth $406,000 after buying an additional 8 shares during the last quarter. Finally, Venturi Wealth Management LLC raised its position in Markel Group by 3.0% during the third quarter. Venturi Wealth Management LLC now owns 343 shares of the insurance provider's stock worth $538,000 after acquiring an additional 10 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MKL shares. Jefferies Financial Group boosted their price target on Markel Group from $1,590.00 to $1,600.00 and gave the stock a "hold" rating in a report on Wednesday, October 9th. TD Cowen lowered shares of Markel Group from a "buy" rating to a "hold" rating and decreased their price target for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. Royal Bank of Canada decreased their target price on Markel Group from $1,700.00 to $1,675.00 and set a "sector perform" rating for the company in a report on Friday, November 1st. Finally, StockNews.com cut shares of Markel Group from a "buy" rating to a "hold" rating in a research report on Monday. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat, Markel Group has an average rating of "Hold" and an average price target of $1,626.83.

Markel Group Stock Up 1.6 %

MKL stock traded up $28.56 during midday trading on Thursday, hitting $1,831.59. 48,859 shares of the company's stock were exchanged, compared to its average volume of 69,403. The stock has a market capitalization of $23.55 billion, a price-to-earnings ratio of 8.45 and a beta of 0.78. The firm has a 50 day moving average price of $1,747.98 and a 200-day moving average price of $1,637.94. 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 Inc. has a 12-month low of $1,342.66 and a 12-month high of $1,842.48.

Markel Group (NYSE:MKL - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing the consensus estimate of $21.97 by ($4.63). Markel Group had a net margin of 17.03% and a return on equity of 10.86%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.74 billion. On average, analysts anticipate that Markel Group Inc. will post 86.92 EPS for the current year.

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.