Kirr Marbach & Co. LLC IN Boosts Holdings in Markel Group Inc. (NYSE:MKL)

Kirr Marbach & Co. LLC IN boosted its holdings in Markel Group Inc. (NYSE:MKL) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,027 shares of the insurance provider’s stock after acquiring an additional 38 shares during the period. Markel Group accounts for about 3.0% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 12th largest holding. Kirr Marbach & Co. LLC IN owned approximately 0.06% of Markel Group worth $13,856,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. SpiderRock Advisors LLC boosted its position in shares of Markel Group by 199.4% during the 3rd quarter. SpiderRock Advisors LLC now owns 473 shares of the insurance provider’s stock worth $742,000 after purchasing an additional 315 shares during the period. Versor Investments LP lifted its stake in Markel Group by 72.4% during the third quarter. Versor Investments LP now owns 381 shares of the insurance provider’s stock worth $598,000 after purchasing an additional 160 shares in the last quarter. Fiduciary Alliance LLC boosted its position in shares of Markel Group by 25.2% during the fourth quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider’s stock worth $3,247,000 after buying an additional 379 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of Markel Group in the 2nd quarter valued at $2,803,000. Finally, Franklin Resources Inc. lifted its stake in Markel Group by 10.4% during the 3rd quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider’s stock worth $8,736,000 after acquiring an additional 527 shares in the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MKL has been the topic of several research reports. Royal Bank of Canada reduced their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. StockNews.com lowered Markel Group from a “buy” rating to a “hold” rating in a research report on Monday. TD Cowen cut Markel Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. Finally, Jefferies Financial Group increased their price target on Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $1,626.83.

Markel Group Trading Down 0.2 %

NYSE:MKL opened at $1,828.83 on Wednesday. Markel Group Inc. has a 1 year low of $1,342.66 and a 1 year high of $1,842.48. The stock has a market cap of $23.52 billion, a P/E ratio of 8.44 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 simple moving average of $1,745.78 and a 200-day simple moving average of $1,636.77.

Markel Group (NYSE:MKL) last announced its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $17.34 EPS 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 analysts’ expectations of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. As a group, analysts anticipate that Markel Group Inc. will post 86.92 earnings per share for the current fiscal year.

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.