Toronto Dominion Bank Purchases 382 Shares of Markel Group Inc. (NYSE:MKL)

Toronto Dominion Bank boosted its holdings in Markel Group Inc. (NYSE:MKL - Free Report) by 30.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,657 shares of the insurance provider's stock after buying an additional 382 shares during the period. Toronto Dominion Bank's holdings in Markel Group were worth $2,599,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Coldstream Capital Management Inc. lifted its holdings in Markel Group by 3.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 273 shares of the insurance provider's stock worth $430,000 after purchasing an additional 10 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Markel Group by 5.2% in the third quarter. Geode Capital Management LLC now owns 209,054 shares of the insurance provider's stock worth $327,131,000 after buying an additional 10,254 shares in the last quarter. Adalta Capital Management LLC boosted its position in shares of Markel Group by 1.2% in the third quarter. Adalta Capital Management LLC now owns 1,814 shares of the insurance provider's stock valued at $2,845,000 after acquiring an additional 21 shares during the period. PYA Waltman Capital LLC grew its stake in Markel Group by 4.0% during the third quarter. PYA Waltman Capital LLC now owns 10,879 shares of the insurance provider's stock valued at $17,064,000 after acquiring an additional 420 shares in the last quarter. Finally, Hamilton Capital LLC bought a new stake in Markel Group during the 3rd quarter worth approximately $270,000. Institutional investors own 77.12% of the company's stock.

Markel Group Price Performance

NYSE MKL traded down $8.28 on Monday, reaching $1,727.51. 42,492 shares of the company's stock traded hands, compared to its average volume of 43,878. The stock has a market cap of $22.22 billion, a PE ratio of 7.96 and a beta of 0.77. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. Markel Group Inc. has a 12 month low of $1,342.66 and a 12 month high of $1,809.11. The stock has a 50-day simple moving average of $1,654.10 and a 200 day simple moving average of $1,599.61.

Markel Group (NYSE:MKL - Get Free Report) last issued its earnings results 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 10.86% and a net margin of 17.03%. The business had revenue of $3.69 billion during the quarter, compared to analysts' expectations of $3.74 billion. As a group, research analysts predict that Markel Group Inc. will post 86.73 earnings per share for the current year.

Analyst Ratings Changes

MKL has been the subject of several analyst reports. TD Cowen downgraded shares of Markel Group from a "buy" rating to a "hold" rating and cut their price target for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com lowered Markel Group from a "buy" rating to a "hold" rating in a research note on Wednesday, November 27th. 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 on the stock in a research note on Friday, November 1st. Finally, Jefferies Financial Group lifted their price target on Markel Group from $1,590.00 to $1,600.00 and gave the company a "hold" rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Markel Group currently has a consensus rating of "Hold" and an average target price of $1,626.83.

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.