Yousif Capital Management LLC Grows Position in Markel Group Inc. (NYSE:MKL)

Yousif Capital Management LLC boosted its holdings in Markel Group Inc. (NYSE:MKL) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 274 shares of the insurance provider’s stock after acquiring an additional 14 shares during the quarter. Yousif Capital Management LLC’s holdings in Markel Group were worth $473,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Gold Investment Management Ltd. increased its position in shares of Markel Group by 0.6% in the third quarter. Gold Investment Management Ltd. now owns 1,219 shares of the insurance provider’s stock valued at $1,912,000 after buying an additional 7 shares in the last quarter. Gilbert & Cook Inc. boosted its stake in Markel Group by 1.7% in the 4th quarter. Gilbert & Cook Inc. now owns 428 shares of the insurance provider’s stock worth $739,000 after buying an additional 7 shares during the last quarter. Greenleaf Trust boosted its stake in Markel Group by 3.4% in the 4th quarter. Greenleaf Trust now owns 213 shares of the insurance provider’s stock worth $368,000 after buying an additional 7 shares during the last quarter. Freedom Day Solutions LLC boosted its stake in Markel Group by 0.5% in the 3rd quarter. Freedom Day Solutions LLC now owns 1,483 shares of the insurance provider’s stock worth $2,326,000 after buying an additional 8 shares during the last quarter. Finally, Hunter Associates Investment Management LLC lifted its stake in shares of Markel Group by 1.1% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 745 shares of the insurance provider’s stock valued at $1,170,000 after purchasing an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Thomas Sinnickson Gayner acquired 100 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were bought at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the purchase, 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 document filed with the Securities & Exchange Commission, which is available through this link. 1.71% of the stock is currently owned by insiders.

Markel Group Price Performance

Shares of MKL opened at $1,869.04 on Monday. The firm has a market cap of $24.04 billion, a price-to-earnings ratio of 9.39 and a beta of 0.78. The stock has a 50 day moving average of $1,782.63 and a 200-day moving average of $1,664.07. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 52 week low of $1,417.65 and a 52 week high of $2,063.68.

Markel Group (NYSE:MKL) last released its quarterly earnings data 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, analysts forecast that Markel Group Inc. will post 97.92 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on MKL. TD Cowen lowered Markel Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a report on Friday. Finally, Royal Bank of Canada raised their target price 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 issued a hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $1,685.17.

Markel Group 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.