Markel Group Inc. (NYSE:MKL) Shares Sold by PYA Waltman Capital LLC

PYA Waltman Capital LLC decreased its position in Markel Group Inc. (NYSE:MKL) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,839 shares of the insurance provider’s stock after selling 40 shares during the period. Markel Group comprises approximately 6.0% of PYA Waltman Capital LLC’s holdings, making the stock its 4th largest holding. PYA Waltman Capital LLC’s holdings in Markel Group were worth $18,711,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group acquired a new position in Markel Group in the 3rd quarter valued at approximately $31,000. Larson Financial Group LLC acquired a new position in shares of Markel Group in the 3rd quarter worth approximately $36,000. Global Trust Asset Management LLC acquired a new position in shares of Markel Group in the 4th quarter worth approximately $41,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Markel Group in the 3rd quarter worth 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 and hedge funds own 77.12% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MKL. TD Cowen cut 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 report on Monday, December 2nd. Royal Bank of Canada increased their target price on 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. Finally, StockNews.com cut Markel Group from a “buy” rating to a “hold” rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, Markel Group has an average rating of “Hold” and a consensus target price of $1,685.17.

Markel Group Trading Down 0.1 %

MKL stock opened at $1,855.37 on Friday. The business has a fifty day moving average price of $1,791.50 and a 200 day moving average price of $1,670.99. Markel Group Inc. has a fifty-two week low of $1,417.65 and a fifty-two week high of $2,063.68. The stock has a market capitalization of $23.86 billion, a price-to-earnings ratio of 9.32 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 (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 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%. Analysts expect that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Insider Buying and Selling at Markel Group

In other news, CEO Thomas Sinnickson Gayner acquired 100 shares of the firm’s stock in a transaction on Friday, February 7th. The shares were purchased at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the transaction, the chief executive officer now owns 48,945 shares of the company’s stock, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate 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.