Dynamic Advisor Solutions LLC Takes Position in Markel Group Inc. (NYSE:MKL)

Dynamic Advisor Solutions LLC bought a new position in shares of Markel Group Inc. (NYSE:MKL) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 116 shares of the insurance provider’s stock, valued at approximately $217,000.

Other large investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in Markel Group by 14.5% during the 4th quarter. Royal Bank of Canada now owns 49,144 shares of the insurance provider’s stock worth $84,833,000 after buying an additional 6,241 shares during the period. Korea Investment CORP increased its stake in Markel Group by 1.9% during the 4th quarter. Korea Investment CORP now owns 8,247 shares of the insurance provider’s stock worth $14,236,000 after buying an additional 155 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Markel Group by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 57,922 shares of the insurance provider’s stock worth $99,987,000 after buying an additional 2,204 shares during the period. Aviva PLC increased its stake in Markel Group by 1,501.8% during the 4th quarter. Aviva PLC now owns 7,801 shares of the insurance provider’s stock worth $13,466,000 after buying an additional 7,314 shares during the period. Finally, Alpha Omega Wealth Management LLC increased its stake in Markel Group by 6.6% during the 1st quarter. Alpha Omega Wealth Management LLC now owns 3,577 shares of the insurance provider’s stock worth $6,688,000 after buying an additional 220 shares during the period. 77.12% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Markel Group

In other news, Director Greta J. Harris sold 90 shares of the company’s stock in a transaction on Friday, May 23rd. The shares were sold at an average price of $1,861.44, for a total value of $167,529.60. Following the completion of the transaction, the director now owns 632 shares in the company, valued at approximately $1,176,430.08. This represents a 12.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.66% of the company’s stock.

Markel Group Trading Up 0.5%

Shares of NYSE:MKL opened at $1,952.13 on Friday. Markel Group Inc. has a 52 week low of $1,491.03 and a 52 week high of $2,063.68. The company’s 50 day moving average is $1,871.89 and its two-hundred day moving average is $1,829.11. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.26. The company has a market cap of $24.77 billion, a PE ratio of 14.39 and a beta of 0.85.

Wall Street Analysts Forecast Growth

Separately, Argus raised shares of Markel Group from a “hold” rating to a “buy” rating in a research note on Friday, May 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Markel Group has an average rating of “Hold” and a consensus target price of $1,727.75.

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.