Markel Group Inc. (NYSE:MKL) Shares Sold by AM Investment Strategies LLC

AM Investment Strategies LLC lessened its stake in Markel Group Inc. (NYSE:MKLFree Report) by 20.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund 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 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC acquired a new position in Markel Group during the 4th quarter valued at about $236,000. Hengehold Capital Management LLC lifted its holdings in shares of Markel Group by 61.6% during the 4th quarter. Hengehold Capital Management LLC now owns 236 shares of the insurance provider’s stock worth $407,000 after acquiring an additional 90 shares during the period. Seneca House Advisors increased its position in Markel Group by 2.6% in the 4th quarter. Seneca House Advisors now owns 6,253 shares of the insurance provider’s stock valued at $10,793,000 after acquiring an additional 157 shares in the last quarter. Inspire Investing LLC grew its position in shares of Markel Group by 14.7% during the 4th quarter. Inspire Investing LLC now owns 819 shares of the insurance provider’s stock worth $1,414,000 after buying an additional 105 shares during the period. Finally, SG Americas Securities LLC acquired a new stake in shares of Markel Group during the fourth quarter worth $810,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Price Performance

Shares of MKL opened at $1,810.98 on Friday. Markel Group Inc. has a fifty-two week low of $1,342.66 and a fifty-two week high of $1,817.81. 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 capitalization of $23.29 billion, a P/E ratio of 8.35 and a beta of 0.78. The business’s 50-day moving average is $1,740.16 and its two-hundred day moving average is $1,632.29.

Markel Group (NYSE:MKLGet Free Report) last posted its earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing the consensus estimate of $21.97 by ($4.63). The company had revenue of $3.69 billion during the quarter, compared to analyst estimates of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. Research analysts predict that Markel Group Inc. will post 86.92 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Royal Bank of Canada decreased their target price 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. TD Cowen lowered Markel Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com upgraded Markel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. Finally, Jefferies Financial Group boosted their target price on 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. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Markel Group presently has a consensus rating of “Hold” and an average target price of $1,626.83.

View Our Latest Research Report on Markel Group

Markel Group Profile

(Free Report)

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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Institutional Ownership by Quarter for Markel Group (NYSE:MKL)

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