MCF Advisors LLC Buys 310 Shares of Markel Group Inc. $MKL

MCF Advisors LLC boosted its position in Markel Group Inc. (NYSE:MKL) by 155.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 510 shares of the insurance provider’s stock after buying an additional 310 shares during the quarter. MCF Advisors LLC’s holdings in Markel Group were worth $1,096,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Diversify Advisory Services LLC lifted its stake in Markel Group by 4.5% in the fourth quarter. Diversify Advisory Services LLC now owns 116 shares of the insurance provider’s stock worth $239,000 after acquiring an additional 5 shares during the period. Keybank National Association OH raised its holdings in Markel Group by 0.7% in the fourth quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after purchasing an additional 5 shares in the last quarter. Wellington Shields & Co. LLC raised its holdings in Markel Group by 3.2% in the fourth quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock worth $344,000 after purchasing an additional 5 shares in the last quarter. Root Financial Partners LLC increased its holdings in shares of Markel Group by 13.9% during the fourth quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock valued at $88,000 after acquiring an additional 5 shares in the last quarter. Finally, Lido Advisors LLC increased its holdings in shares of Markel Group by 1.1% during the fourth quarter. Lido Advisors LLC now owns 460 shares of the insurance provider’s stock valued at $912,000 after acquiring an additional 5 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Markel Group Stock Performance

NYSE MKL opened at $1,819.19 on Friday. The business’s 50 day moving average price is $1,873.23 and its 200-day moving average price is $1,997.78. The company has a market cap of $22.76 billion, a P/E ratio of 13.11 and a beta of 0.67. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.63 and a current ratio of 0.63. Markel Group Inc. has a fifty-two week low of $1,719.41 and a fifty-two week high of $2,207.59.

Markel Group (NYSE:MKL) last announced its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) EPS for the quarter, missing the consensus estimate of $26.38 by ($45.28). The business had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.66 billion. Markel Group had a net margin of 10.85% and a return on equity of 7.90%. Sell-side analysts predict that Markel Group Inc. will post 113.55 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on MKL shares. Weiss Ratings cut Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Wall Street Zen cut Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Truist Financial lowered their price objective on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research report on Thursday, April 30th. Finally, Brean Capital assumed coverage on Markel Group in a research report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price objective on the stock. Five equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $2,025.00.

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the sale, the director directly owned 645 shares in the company, valued at approximately $1,191,514.95. This represents a 10.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diane Leopold bought 50 shares of the stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of $1,789.19 per share, with a total value of $89,459.50. Following the completion of the acquisition, the director directly owned 550 shares in the company, valued at approximately $984,054.50. This trade represents a 10.00% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.08% of the stock is currently owned by corporate insiders.

Markel Group Company Profile

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.