128 Shares in Markel Group Inc. (NYSE:MKL) Purchased by Flagship Harbor Advisors LLC

Flagship Harbor Advisors LLC acquired a new stake in shares of Markel Group Inc. (NYSE:MKL) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 128 shares of the insurance provider’s stock, valued at approximately $221,000.

Other hedge funds also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Markel Group in the third quarter valued at approximately $31,000. Toth Financial Advisory Corp increased its stake in shares of Markel Group by 1,000.0% in the 3rd quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 20 shares during the last quarter. Larson Financial Group LLC purchased a new position in shares of Markel Group during the 3rd quarter worth $36,000. Global Trust Asset Management LLC acquired a new position in shares of Markel Group during the 4th quarter valued at about $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Markel Group in the third quarter valued at about $42,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on MKL. StockNews.com downgraded shares of Markel Group from a “buy” rating to a “hold” rating in a research note on Monday. Royal Bank of Canada reduced their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. TD Cowen lowered 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 report on Monday, December 2nd. Finally, Jefferies Financial Group lifted their target price on Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,626.83.

Markel Group Stock Down 1.2 %

Shares of NYSE MKL opened at $1,804.46 on Thursday. Markel Group Inc. has a 52-week low of $1,342.66 and a 52-week high of $1,842.48. The business’s 50 day moving average is $1,745.78 and its two-hundred day moving average is $1,636.77. The firm has a market cap of $23.21 billion, a price-to-earnings ratio of 8.32 and a beta of 0.78. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion during the quarter, compared to analyst estimates of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. Research analysts predict that Markel Group Inc. will post 86.92 EPS for the current year.

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.