Leuthold Group LLC Sells 84 Shares of Markel Group Inc. (NYSE:MKL)

Leuthold Group LLC lowered its holdings in shares of Markel Group Inc. (NYSE:MKL) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,977 shares of the insurance provider’s stock after selling 84 shares during the period. Leuthold Group LLC’s holdings in Markel Group were worth $3,413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of MKL. Brooklyn Investment Group acquired a new stake in shares of Markel Group during the 3rd quarter valued at about $31,000. Larson Financial Group LLC acquired a new stake in Markel Group during the third quarter valued at approximately $36,000. Global Trust Asset Management LLC acquired a new stake in Markel Group during the fourth quarter valued at approximately $41,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Markel Group in the 3rd quarter valued at approximately $42,000. Finally, Quarry LP raised its holdings in shares of Markel Group by 3,000.0% in the 3rd quarter. Quarry LP now owns 31 shares of the insurance provider’s stock worth $49,000 after buying an additional 30 shares in the last quarter. Institutional investors own 77.12% of the company’s stock.

Markel Group Trading Down 0.9 %

Shares of NYSE MKL opened at $1,837.64 on Friday. Markel Group Inc. has a 1-year low of $1,417.65 and a 1-year high of $2,063.68. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The company has a 50-day moving average of $1,791.50 and a two-hundred day moving average of $1,670.99. The company has a market cap of $23.63 billion, a PE ratio of 9.23 and a beta of 0.78.

Markel Group (NYSE:MKL) last posted its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (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%. As a group, equities analysts expect that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Insider Activity at Markel Group

In other Markel Group news, CEO Thomas Sinnickson Gayner purchased 100 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was acquired at an average cost of $2,008.01 per share, with a total value of $200,801.00. Following the completion of the purchase, the chief executive officer now directly owns 48,945 shares in the company, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.71% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on MKL shares. StockNews.com lowered Markel Group from a “buy” rating to a “hold” rating in a research note on Friday, February 14th. Royal Bank of Canada boosted their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a “sector perform” rating in a research note on Friday, February 7th. Finally, TD Cowen cut shares of Markel Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $1,986.00 to $1,836.00 in a research report on Monday, December 2nd. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,685.17.

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.