Buttonwood Financial Advisors Inc. Purchases 107 Shares of Markel Group Inc. (NYSE:MKL)

Buttonwood Financial Advisors Inc. grew its holdings in Markel Group Inc. (NYSE:MKL) by 3.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,877 shares of the insurance provider’s stock after buying an additional 107 shares during the period. Markel Group makes up 2.2% of Buttonwood Financial Advisors Inc.’s holdings, making the stock its 14th biggest holding. Buttonwood Financial Advisors Inc.’s holdings in Markel Group were worth $4,967,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of MKL. Brooklyn Investment Group acquired a new position in Markel Group in the 3rd quarter worth about $31,000. Toth Financial Advisory Corp increased its position in shares of 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 purchasing an additional 20 shares in the last quarter. Larson Financial Group LLC acquired a new stake in shares of Markel Group in the third quarter valued at about $36,000. Global Trust Asset Management LLC acquired a new stake in Markel Group in the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Markel Group in the third quarter valued at approximately $42,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Markel Group Stock Up 0.0 %

NYSE:MKL opened at $1,810.98 on Monday. Markel Group Inc. has a 52 week low of $1,342.66 and a 52 week high of $1,817.81. The stock’s fifty day moving average is $1,740.16 and its two-hundred day moving average is $1,633.36. The stock has a market capitalization of $23.29 billion, a price-to-earnings ratio of 8.35 and a beta of 0.78. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL) last issued its quarterly 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 analysts’ expectations of $3.74 billion. Markel Group had a return on equity of 10.86% and a net margin of 17.03%. Research analysts anticipate that Markel Group Inc. will post 86.92 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on MKL shares. Jefferies Financial Group boosted their price objective on Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research note on Wednesday, October 9th. TD Cowen cut Markel Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com raised Markel Group from a “hold” rating to a “buy” rating in a research note on Monday, December 30th. Finally, Royal Bank of Canada decreased their price target on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research note on Friday, November 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average 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.