Yousif Capital Management LLC lifted its stake in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 5.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 274 shares of the insurance provider’s stock after acquiring an additional 14 shares during the period. Yousif Capital Management LLC’s holdings in Markel Group were worth $473,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in MKL. Brooklyn Investment Group bought a new stake in shares of Markel Group during the 3rd quarter worth about $31,000. Toth Financial Advisory Corp boosted its stake in shares of Markel Group by 1,000.0% during the 3rd quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 20 shares in the last quarter. Larson Financial Group LLC bought a new stake in shares of Markel Group during the 3rd quarter worth about $36,000. Global Trust Asset Management LLC acquired a new position in shares of Markel Group during the 4th quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Markel Group during the 3rd quarter worth about $42,000. Institutional investors own 77.12% of the company’s stock.
Analyst Ratings Changes
Several equities analysts recently weighed in on MKL shares. Royal Bank of Canada boosted their price objective on Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. TD Cowen cut Markel Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. Finally, StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a research report on Friday. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $1,685.17.
Markel Group Stock Down 1.5 %
NYSE:MKL opened at $1,869.04 on Monday. Markel Group Inc. has a 12-month low of $1,417.65 and a 12-month high of $2,063.68. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $24.04 billion, a P/E ratio of 9.39 and a beta of 0.78. The stock’s fifty day simple moving average is $1,782.63 and its 200-day simple moving average is $1,664.07.
Markel Group (NYSE:MKL – Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $20.51 EPS for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. Equities research analysts expect that Markel Group Inc. will post 97.92 earnings per share for the current year.
Insider Buying and Selling at Markel Group
In other news, CEO Thomas Sinnickson Gayner purchased 100 shares of the company’s stock in a transaction on Friday, February 7th. The shares were purchased at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the purchase, the chief executive officer now directly owns 48,945 shares of the company’s stock, valued at $98,282,049.45. This trade represents a 0.20 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.71% of the company’s stock.
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.
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