400 Shares in Markel Group Inc. (NYSE:MKL) Bought by Two Sigma Securities LLC

Two Sigma Securities LLC acquired a new position in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 400 shares of the insurance provider's stock, valued at approximately $690,000.

Several other hedge funds have also bought and sold shares of MKL. Anchor Investment Management LLC lifted its stake in Markel Group by 6,000.0% in the 3rd quarter. Anchor Investment Management LLC now owns 61 shares of the insurance provider's stock valued at $96,000 after purchasing an additional 60 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Markel Group in the 3rd quarter valued at about $42,000. Blankinship & Foster LLC acquired a new stake in Markel Group in the 3rd quarter valued at about $643,000. Synovus Financial Corp lifted its stake in Markel Group by 20.7% in the 3rd quarter. Synovus Financial Corp now owns 432 shares of the insurance provider's stock valued at $678,000 after purchasing an additional 74 shares during the last quarter. Finally, Franklin Resources Inc. lifted its stake in Markel Group by 10.4% in the 3rd quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider's stock valued at $8,736,000 after purchasing an additional 527 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

MKL has been the subject of several recent analyst reports. Royal Bank of Canada raised their target price on shares of 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. StockNews.com cut shares of Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus price target of $1,702.20.

Insider Buying and Selling

In other Markel Group news, Director Steven A. Markel sold 800 shares of the business's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $1,856.80, for a total transaction of $1,485,440.00. Following the sale, the director now owns 64,868 shares of the company's stock, valued at approximately $120,446,902.40. The trade was a 1.22 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the acquisition, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 2,034 shares of company stock worth $3,778,952 in the last three months. 1.66% of the stock is owned by corporate insiders.

Markel Group Price Performance

Shares of NYSE MKL traded up $9.83 during midday trading on Monday, reaching $1,812.98. The company's stock had a trading volume of 38,576 shares, compared to its average volume of 49,323. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market cap of $23.04 billion, a P/E ratio of 9.11 and a beta of 0.70. The business's 50 day moving average price is $1,825.14 and its two-hundred day moving average price is $1,763.40. Markel Group Inc. has a fifty-two week low of $1,436.00 and a fifty-two week high of $2,063.68.

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

Markel Group 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.