Yousif Capital Management LLC Has $543,000 Holdings in Markel Group Inc. $MKL

Yousif Capital Management LLC lessened its stake in shares of Markel Group Inc. (NYSE:MKL) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 272 shares of the insurance provider’s stock after selling 11 shares during the period. Yousif Capital Management LLC’s holdings in Markel Group were worth $543,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Axxcess Wealth Management LLC increased its position in Markel Group by 0.7% in the 1st quarter. Axxcess Wealth Management LLC now owns 878 shares of the insurance provider’s stock worth $1,642,000 after purchasing an additional 6 shares during the last quarter. Baxter Bros Inc. increased its position in Markel Group by 1.0% in the 2nd quarter. Baxter Bros Inc. now owns 637 shares of the insurance provider’s stock worth $1,272,000 after purchasing an additional 6 shares during the last quarter. Resonant Capital Advisors LLC increased its position in Markel Group by 1.1% in the 1st quarter. Resonant Capital Advisors LLC now owns 654 shares of the insurance provider’s stock worth $1,223,000 after purchasing an additional 7 shares during the last quarter. GAMMA Investing LLC increased its position in Markel Group by 12.7% in the 1st quarter. GAMMA Investing LLC now owns 62 shares of the insurance provider’s stock worth $116,000 after purchasing an additional 7 shares during the last quarter. Finally, Checchi Capital Advisers LLC increased its position in Markel Group by 5.8% in the 1st quarter. Checchi Capital Advisers LLC now owns 128 shares of the insurance provider’s stock worth $239,000 after purchasing an additional 7 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Price Performance

Shares of NYSE:MKL opened at $1,894.12 on Friday. The business has a 50 day moving average price of $1,933.88 and a 200 day moving average price of $1,920.19. Markel Group Inc. has a twelve month low of $1,521.25 and a twelve month high of $2,075.92. The company has a market cap of $23.96 billion, a price-to-earnings ratio of 11.36 and a beta of 0.78. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25.

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

Analysts Set New Price Targets

MKL has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Markel Group in a research report on Wednesday, October 8th. Cowen reaffirmed a “hold” rating on shares of Markel Group in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Markel Group has an average rating of “Hold” and an average target price of $1,930.50.

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.