Farther Finance Advisors LLC Has $308,000 Stock Holdings in Markel Group Inc. $MKL

Farther Finance Advisors LLC raised its holdings in Markel Group Inc. (NYSE:MKL) by 17.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 154 shares of the insurance provider’s stock after acquiring an additional 23 shares during the quarter. Farther Finance Advisors LLC’s holdings in Markel Group were worth $308,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Sierra Ocean LLC acquired a new stake in Markel Group in the first quarter valued at approximately $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in Markel Group by 183.3% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider’s stock valued at $32,000 after acquiring an additional 11 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new stake in Markel Group in the first quarter valued at approximately $32,000. ST Germain D J Co. Inc. lifted its stake in Markel Group by 300.0% in the first quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider’s stock valued at $37,000 after acquiring an additional 15 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in Markel Group in the first quarter valued at approximately $54,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Trading Down 0.7%

NYSE:MKL opened at $1,901.25 on Tuesday. Markel Group Inc. has a 12 month low of $1,521.25 and a 12 month high of $2,075.92. The firm has a market cap of $24.05 billion, a price-to-earnings ratio of 11.40 and a beta of 0.82. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. The company’s 50 day moving average is $1,951.29 and its 200-day moving average is $1,910.81.

Markel Group (NYSE:MKL) last released its quarterly earnings results on Wednesday, July 30th. The insurance provider reported $25.46 EPS for the quarter, beating analysts’ consensus estimates of $24.74 by $0.72. Markel Group had a net margin of 13.39% and a return on equity of 7.18%. The company had revenue of $4.82 billion for the quarter, compared to analyst estimates of $3.96 billion. During the same quarter last year, the firm posted $18.62 earnings per share. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. Equities analysts anticipate that Markel Group Inc. will post 96.25 EPS for the current year.

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.