EntryPoint Capital LLC Makes New $221,000 Investment in Markel Group Inc. (NYSE:MKL)

EntryPoint Capital LLC purchased a new stake in shares of Markel Group Inc. (NYSE:MKL) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 128 shares of the insurance provider’s stock, valued at approximately $221,000.

Several other large investors have also recently made changes to their positions in the business. Brooklyn Investment Group bought a new position in shares of Markel Group during the 3rd quarter valued at $31,000. Larson Financial Group LLC bought a new stake in Markel Group in the third quarter worth $36,000. SBI Securities Co. Ltd. purchased a new stake in Markel Group during the fourth quarter valued at about $36,000. FPC Investment Advisory Inc. bought a new position in shares of Markel Group during the fourth quarter valued at about $37,000. Finally, Global Trust Asset Management LLC purchased a new position in shares of Markel Group in the fourth quarter worth about $41,000. 77.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Markel Group

In related news, Director Steven A. Markel sold 88 shares of Markel Group stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $1,860.03, for a total transaction of $163,682.64. Following the sale, the director now directly owns 63,436 shares in the company, valued at $117,992,863.08. The trade was a 0.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Thomas Sinnickson Gayner acquired 100 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was purchased at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the acquisition, the chief executive officer now owns 48,945 shares of the company’s stock, valued at $98,282,049.45. This represents a 0.20 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 2,034 shares of company stock valued at $3,778,952. 1.71% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

MKL has been the subject of several analyst reports. StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. TD Cowen lowered Markel Group from a “buy” rating to a “hold” rating and dropped their price objective for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. Finally, Royal Bank of Canada raised their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,702.20.

Markel Group Stock Down 0.9 %

Shares of NYSE:MKL opened at $1,853.88 on Friday. The stock’s 50-day moving average is $1,865.72 and its 200 day moving average is $1,729.19. The company has a market cap of $23.67 billion, a PE ratio of 9.31 and a beta of 0.82. 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 posted its earnings results 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 net margin of 16.34% and a return on equity of 7.55%. Sell-side analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current year.

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.