Diversify Advisory Services LLC Makes New $1.37 Million Investment in Markel Group Inc. $MKL

Diversify Advisory Services LLC purchased a new position in shares of Markel Group Inc. (NYSE:MKL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 681 shares of the insurance provider’s stock, valued at approximately $1,372,000.

A number of other large investors have also made changes to their positions in the company. Keybank National Association OH raised its stake in Markel Group by 0.7% during the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock worth $1,644,000 after buying an additional 5 shares during the period. Wellington Shields & Co. LLC increased its holdings in shares of 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 acquiring an additional 5 shares in the last quarter. Root Financial Partners LLC raised its position 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 worth $88,000 after purchasing an additional 5 shares during the period. Moneta Group Investment Advisors LLC lifted its holdings in shares of Markel Group by 4.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock valued at $254,000 after purchasing an additional 5 shares in the last quarter. Finally, Lido Advisors LLC grew its position in shares of Markel Group by 1.1% in the 4th quarter. Lido Advisors LLC now owns 460 shares of the insurance provider’s stock valued at $912,000 after purchasing an additional 5 shares during the period. Institutional investors own 77.12% of the company’s stock.

Markel Group Trading Down 1.0%

NYSE:MKL opened at $1,796.58 on Thursday. The company has a market cap of $22.26 billion, a P/E ratio of 9.88 and a beta of 0.66. Markel Group Inc. has a twelve month low of $1,719.41 and a twelve month high of $2,207.59. The business has a 50 day moving average price of $1,909.70 and a two-hundred day moving average price of $1,924.35. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23.

Insider Activity at Markel Group

In related news, Director Greta J. Harris sold 76 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the completion of the transaction, the director owned 645 shares in the company, valued at approximately $1,191,514.95. This represents a 10.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.08% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on MKL shares. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Truist Financial lowered their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Finally, Wolfe Research initiated coverage on shares of Markel Group in a report on Wednesday, July 1st. They set an “underperform” rating on the stock. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $2,025.00.

Markel Group 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.