Markel Group Inc. $MKL Holdings Increased by Barclays PLC

Barclays PLC lifted its stake in Markel Group Inc. (NYSE:MKLFree Report) by 1.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,091 shares of the insurance provider’s stock after acquiring an additional 309 shares during the period. Barclays PLC owned 0.15% of Markel Group worth $36,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC bought a new position in Markel Group during the 4th quarter valued at $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Markel Group by 13.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock valued at $204,000 after buying an additional 13 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in Markel Group by 9.7% during the first quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock worth $64,883,000 after acquiring an additional 3,083 shares during the period. Empowered Funds LLC raised its position in Markel Group by 49.1% in the first quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock worth $778,000 after acquiring an additional 137 shares in the last quarter. Finally, Savant Capital LLC lifted its holdings in Markel Group by 8.9% in the 2nd quarter. Savant Capital LLC now owns 732 shares of the insurance provider’s stock valued at $1,462,000 after acquiring an additional 60 shares during the last quarter. Institutional investors and hedge funds own 77.12% of the company’s stock.

Analysts Set New Price Targets

MKL has been the topic of a number of research reports. Weiss Ratings reiterated a “buy (b+)” rating on shares of Markel Group in a report on Monday, December 29th. Truist Financial upped their price target on Markel Group from $2,000.00 to $2,100.00 and gave the company a “hold” rating in a report on Friday, February 6th. Finally, Zacks Research downgraded Markel Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $2,100.00.

Get Our Latest Report on MKL

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Steven A. Markel sold 1,330 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $2,119.12, for a total value of $2,818,429.60. Following the transaction, the director owned 60,368 shares in the company, valued at $127,927,036.16. The trade was a 2.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Simon Wilson sold 100 shares of the company’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total value of $207,948.00. Following the completion of the transaction, the chief executive officer directly owned 2,397 shares in the company, valued at approximately $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.66% of the company’s stock.

Markel Group Stock Performance

Shares of MKL stock opened at $1,970.00 on Wednesday. The company has a market capitalization of $24.78 billion, a price-to-earnings ratio of 11.61 and a beta of 0.77. Markel Group Inc. has a 1-year low of $1,621.89 and a 1-year high of $2,207.59. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. The stock’s fifty day simple moving average is $2,069.39 and its 200-day simple moving average is $2,024.90.

Markel Group Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding MKL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Markel Group Inc. (NYSE:MKLFree Report).

Institutional Ownership by Quarter for Markel Group (NYSE:MKL)

Receive News & Ratings for Markel Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Markel Group and related companies with MarketBeat.com's FREE daily email newsletter.