Markel Group Inc. (NYSE:MKL) Shares Purchased by Mraz Amerine & Associates Inc.

Mraz Amerine & Associates Inc. increased its holdings in Markel Group Inc. (NYSE:MKL) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,660 shares of the insurance provider’s stock after purchasing an additional 171 shares during the quarter. Markel Group makes up 5.7% of Mraz Amerine & Associates Inc.’s investment portfolio, making the stock its 6th biggest holding. Mraz Amerine & Associates Inc. owned approximately 0.15% of Markel Group worth $32,211,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. CWM LLC raised its holdings in shares of Markel Group by 16.3% during the third quarter. CWM LLC now owns 250 shares of the insurance provider’s stock valued at $392,000 after purchasing an additional 35 shares during the period. Creative Planning increased its position in Markel Group by 10.9% in the 3rd quarter. Creative Planning now owns 5,584 shares of the insurance provider’s stock valued at $8,759,000 after buying an additional 549 shares in the last quarter. Bleakley Financial Group LLC raised its stake in Markel Group by 22.2% during the 3rd quarter. Bleakley Financial Group LLC now owns 231 shares of the insurance provider’s stock worth $362,000 after buying an additional 42 shares during the period. Blue Trust Inc. boosted its holdings in Markel Group by 78.9% in the third quarter. Blue Trust Inc. now owns 195 shares of the insurance provider’s stock worth $307,000 after acquiring an additional 86 shares in the last quarter. Finally, Raymond James & Associates grew its stake in Markel Group by 5.9% in the third quarter. Raymond James & Associates now owns 30,015 shares of the insurance provider’s stock valued at $47,081,000 after acquiring an additional 1,681 shares during the period. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Price Performance

MKL opened at $1,869.04 on Tuesday. The firm’s fifty day moving average price is $1,784.88 and its two-hundred day moving average price is $1,666.20. The company has a market capitalization of $24.04 billion, a price-to-earnings ratio of 9.39 and a beta of 0.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. Markel Group Inc. has a 1 year low of $1,417.65 and a 1 year high of $2,063.68.

Markel Group (NYSE:MKL) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share 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, analysts anticipate that Markel Group Inc. will post 97.92 earnings per share for the current fiscal year.

Insider Activity at Markel Group

In related news, CEO Thomas Sinnickson Gayner purchased 100 shares of Markel Group stock in a transaction that occurred on Friday, February 7th. The stock was bought at an average price of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the transaction, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.71% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on MKL shares. TD Cowen lowered 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 report on Monday, December 2nd. StockNews.com downgraded shares of Markel Group from a “buy” rating to a “hold” rating in a report on Friday. Finally, Royal Bank of Canada lifted their price objective on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a “sector perform” rating in a report on Friday, February 7th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,685.17.

Markel Group Company 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.