Kathleen S. Wright Associates Inc. Grows Position in Markel Group Inc. (NYSE:MKL)

Kathleen S. Wright Associates Inc. grew its position in shares of Markel Group Inc. (NYSE:MKL) by 0.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,464 shares of the insurance provider’s stock after buying an additional 10 shares during the period. Markel Group comprises approximately 1.0% of Kathleen S. Wright Associates Inc.’s portfolio, making the stock its 23rd biggest holding. Kathleen S. Wright Associates Inc.’s holdings in Markel Group were worth $2,537,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in MKL. Brooklyn Investment Group acquired a new stake in Markel Group in the third quarter valued at approximately $31,000. Toth Financial Advisory Corp grew its stake in Markel Group by 1,000.0% in the 3rd quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 20 shares during the period. Larson Financial Group LLC purchased a new stake in Markel Group in the 3rd quarter worth $36,000. Global Trust Asset Management LLC acquired a new position in Markel Group during the fourth quarter worth $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in Markel Group during the third quarter valued at $42,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on MKL shares. Jefferies Financial Group upped their price target on shares of Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. TD Cowen downgraded Markel Group from a “buy” rating to a “hold” rating and decreased their target price for the company from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a research report on Monday, January 27th. Finally, Royal Bank of Canada decreased their price objective on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,626.83.

Markel Group Price Performance

NYSE:MKL opened at $1,823.17 on Tuesday. Markel Group Inc. has a one year low of $1,405.11 and a one year high of $1,842.48. The stock has a market cap of $23.45 billion, a PE ratio of 8.41 and a beta of 0.78. 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 stock has a 50 day moving average price of $1,751.84 and a 200 day moving average price of $1,641.26.

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.