Markel Group Inc. (NYSE:MKL) Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its position in shares of Markel Group Inc. (NYSE:MKL) by 16.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 995 shares of the insurance provider’s stock after selling 197 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Markel Group were worth $1,860,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of MKL. SBI Securities Co. Ltd. acquired a new position in shares of Markel Group in the 4th quarter valued at $36,000. ST Germain D J Co. Inc. boosted its position in shares of Markel Group by 300.0% in the 1st quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 15 shares during the period. McIlrath & Eck LLC boosted its position in shares of Markel Group by 866.7% in the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider’s stock valued at $50,000 after purchasing an additional 26 shares during the period. Private Trust Co. NA boosted its position in shares of Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider’s stock valued at $55,000 after purchasing an additional 6 shares during the period. Finally, Assetmark Inc. boosted its position in shares of Markel Group by 140.0% in the 4th quarter. Assetmark Inc. now owns 36 shares of the insurance provider’s stock valued at $62,000 after purchasing an additional 21 shares during the period. 77.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Argus upgraded Markel Group from a “hold” rating to a “buy” rating in a research report on Friday, May 30th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,727.75.

Markel Group Trading Down 0.2%

NYSE:MKL opened at $1,994.08 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62 and a quick ratio of 0.62. Markel Group Inc. has a fifty-two week low of $1,491.03 and a fifty-two week high of $2,063.68. The stock’s 50-day moving average is $1,910.17 and its two-hundred day moving average is $1,843.91. The stock has a market cap of $25.30 billion, a PE ratio of 14.70 and a beta of 0.84.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 90 shares of Markel Group stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $1,861.44, for a total transaction of $167,529.60. Following the transaction, the director owned 632 shares of the company’s stock, valued at $1,176,430.08. The trade was a 12.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 1.66% of the stock is currently owned by company insiders.

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.