Markel Group Inc. (NYSE:MKL) Shares Bought by Values Added Financial LLC

Values Added Financial LLC increased its stake in Markel Group Inc. (NYSE:MKL) by 76.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,064 shares of the insurance provider’s stock after acquiring an additional 461 shares during the period. Markel Group makes up approximately 1.1% of Values Added Financial LLC’s investment portfolio, making the stock its 24th biggest position. Values Added Financial LLC’s holdings in Markel Group were worth $1,837,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Brooklyn Investment Group bought a new position in Markel Group during the 3rd quarter valued at $31,000. Toth Financial Advisory Corp boosted its stake in Markel Group by 1,000.0% during the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock valued at $35,000 after buying an additional 20 shares in the last quarter. Larson Financial Group LLC acquired a new position in Markel Group during the third quarter worth about $36,000. Global Trust Asset Management LLC acquired a new position in Markel Group during the fourth quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in Markel Group in the third quarter worth about $42,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. TD Cowen cut shares of Markel Group from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. StockNews.com cut shares of Markel Group from a “buy” rating to a “hold” rating in a report on Friday. Finally, Royal Bank of Canada upped their price target on 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 equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,685.17.

Markel Group Stock Performance

Markel Group stock opened at $1,896.18 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. The company has a market cap of $24.39 billion, a P/E ratio of 9.53 and a beta of 0.78. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The firm’s 50 day simple moving average is $1,777.65 and its 200-day simple moving average is $1,660.43.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) 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%. As a group, equities research analysts predict that Markel Group Inc. will post 97.92 EPS for the current year.

Insider Buying and Selling

In related news, CEO Thomas Sinnickson Gayner purchased 100 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were 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 owns 48,945 shares of the company’s stock, valued at $98,282,049.45. The trade was a 0.20 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.71% of the company’s stock.

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.