Markel Group Inc. (NYSE:MKL) Stock Position Trimmed by AM Investment Strategies LLC

AM Investment Strategies LLC cut its position in Markel Group Inc. (NYSE:MKL) by 20.0% during the 4th quarter, HoldingsChannel reports. The firm owned 140 shares of the insurance provider’s stock after selling 35 shares during the quarter. AM Investment Strategies LLC’s holdings in Markel Group were worth $242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of MKL. Brooklyn Investment Group acquired a new stake in shares of Markel Group during the third quarter worth approximately $31,000. Toth Financial Advisory Corp increased its position in Markel Group by 1,000.0% during the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 20 shares during the period. Larson Financial Group LLC bought a new position in Markel Group during the third quarter worth $36,000. Global Trust Asset Management LLC bought a new stake in Markel Group in the 4th quarter valued at $41,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Markel Group in the 3rd quarter valued at $42,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Stock Performance

Shares of MKL stock opened at $1,810.98 on Friday. 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 stock has a market cap of $23.29 billion, a PE ratio of 8.35 and a beta of 0.78. The stock has a 50-day moving average of $1,740.16 and a 200-day moving average of $1,632.29. Markel Group Inc. has a one year low of $1,342.66 and a one year high of $1,817.81.

Markel Group (NYSE:MKL) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $21.97 by ($4.63). The business had revenue of $3.69 billion for the quarter, compared to the consensus estimate of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%. As a group, sell-side analysts expect that Markel Group Inc. will post 86.92 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently commented on MKL shares. Jefferies Financial Group boosted their target price on shares of Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research note on Wednesday, October 9th. TD Cowen downgraded shares of Markel Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. Royal Bank of Canada reduced 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 report on Friday, November 1st. Finally, StockNews.com upgraded shares of Markel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.