Generali Investments CEE investicni spolecnost a.s. Invests $475,000 in Markel Group Inc. (NYSE:MKL)

Generali Investments CEE investicni spolecnost a.s. purchased a new stake in Markel Group Inc. (NYSE:MKL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 275 shares of the insurance provider’s stock, valued at approximately $475,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank Julius Baer & Co. Ltd Zurich boosted its stake in Markel Group by 7.1% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 73,771 shares of the insurance provider’s stock valued at $135,667,000 after purchasing an additional 4,885 shares during the last quarter. Bradyco Inc. bought a new position in shares of Markel Group in the fourth quarter valued at approximately $4,271,000. Andra AP fonden boosted its position in shares of Markel Group by 6.9% during the fourth quarter. Andra AP fonden now owns 4,640 shares of the insurance provider’s stock valued at $8,010,000 after buying an additional 300 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Markel Group by 14.6% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 471 shares of the insurance provider’s stock worth $813,000 after buying an additional 60 shares in the last quarter. Finally, Inceptionr LLC raised its position in Markel Group by 361.9% in the 4th quarter. Inceptionr LLC now owns 896 shares of the insurance provider’s stock valued at $1,547,000 after buying an additional 702 shares during the last quarter. Institutional investors own 77.12% of the company’s stock.

Insider Buying and Selling at Markel Group

In related news, Director Steven A. Markel sold 1,146 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $1,858.49, for a total transaction of $2,129,829.54. Following the sale, the director now directly owns 63,722 shares in the company, valued at approximately $118,426,699.78. This represents a 1.77 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the business’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 acquisition, the chief executive officer now owns 48,945 shares in the company, valued at $98,282,049.45. This trade represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 2,034 shares of company stock valued at $3,778,952. Company insiders own 1.71% of the company’s stock.

Markel Group Price Performance

Shares of NYSE:MKL opened at $1,895.12 on Friday. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The company’s 50-day moving average is $1,826.91 and its 200 day moving average is $1,699.93. 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 $24.20 billion, a P/E ratio of 9.52 and a beta of 0.82.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share for the quarter, missing analysts’ consensus estimates of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. On average, equities research analysts forecast that Markel Group Inc. will post 96.25 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. TD Cowen downgraded shares of Markel Group from a “buy” rating to a “hold” rating and cut their price objective for the stock from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com cut shares of Markel Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. Finally, Royal Bank of Canada upped their price objective on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to data from MarketBeat, the company 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.