Markel Group Inc. (NYSE:MKL) Shares Sold by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV lessened its holdings in shares of Markel Group Inc. (NYSE:MKL) by 4.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 337 shares of the insurance provider’s stock after selling 17 shares during the quarter. Massmutual Trust Co. FSB ADV’s holdings in Markel Group were worth $529,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Watchman Group Inc. grew its stake in shares of Markel Group by 0.3% in the 4th quarter. Watchman Group Inc. now owns 2,355 shares of the insurance provider’s stock worth $3,344,000 after purchasing an additional 8 shares during the last quarter. Opal Wealth Advisors LLC increased its holdings in shares of Markel Group by 2.5% in the first quarter. Opal Wealth Advisors LLC now owns 326 shares of the insurance provider’s stock valued at $496,000 after buying an additional 8 shares in the last quarter. Wambolt & Associates LLC lifted its position in shares of Markel Group by 3.4% during the 1st quarter. Wambolt & Associates LLC now owns 240 shares of the insurance provider’s stock valued at $362,000 after acquiring an additional 8 shares during the last quarter. Epic Trust Investment Advisors LLC boosted its stake in shares of Markel Group by 4.6% during the 2nd quarter. Epic Trust Investment Advisors LLC now owns 181 shares of the insurance provider’s stock worth $285,000 after acquiring an additional 8 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of Markel Group by 0.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,095 shares of the insurance provider’s stock worth $4,395,000 after acquiring an additional 9 shares during the last quarter. Institutional investors own 77.12% of the company’s stock.

Markel Group Trading Up 2.4 %

Shares of MKL stock opened at $1,602.69 on Friday. The business’s 50 day moving average is $1,562.31 and its two-hundred day moving average is $1,557.60. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.29. Markel Group Inc. has a 12 month low of $1,295.65 and a 12 month high of $1,670.24. The company has a market cap of $20.84 billion, a PE ratio of 8.66 and a beta of 0.73.

Markel Group (NYSE:MKL) last announced its earnings results on Wednesday, July 31st. The insurance provider reported $25.95 EPS for the quarter, topping the consensus estimate of $20.76 by $5.19. Markel Group had a net margin of 13.00% and a return on equity of 11.12%. The firm had revenue of $3.83 billion for the quarter, compared to the consensus estimate of $3.86 billion. Equities analysts predict that Markel Group Inc. will post 89.1 EPS for the current year.

Analyst Upgrades and Downgrades

MKL has been the subject of several analyst reports. Citigroup upped their target price on Markel Group from $1,435.00 to $1,450.00 and gave the company a “sell” rating in a report on Tuesday, July 23rd. TD Cowen began coverage on shares of Markel Group in a report on Tuesday, July 9th. They issued a “buy” rating and a $1,986.00 target price for the company. Finally, StockNews.com raised shares of Markel Group from a “hold” rating to a “buy” rating in a research report on Wednesday, September 25th. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $1,626.83.

Insider Buying and Selling

In other Markel Group news, Director Lawrence A. Cunningham bought 20 shares of the stock in a transaction on Monday, August 5th. The shares were purchased at an average price of $1,512.50 per share, with a total value of $30,250.00. Following the acquisition, the director now directly owns 743 shares of the company’s stock, valued at $1,123,787.50. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.71% of the stock is owned by insiders.

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.