Board of the Pension Protection Fund Has $43,000 Stock Position in Markel Group Inc. $MKL

Board of the Pension Protection Fund lessened its holdings in Markel Group Inc. (NYSE:MKL) by 95.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20 shares of the insurance provider’s stock after selling 450 shares during the period. Board of the Pension Protection Fund’s holdings in Markel Group were worth $43,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Markel Group in the fourth quarter worth about $236,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Markel Group by 13.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 109 shares of the insurance provider’s stock valued at $204,000 after acquiring an additional 13 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Markel Group by 9.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 34,704 shares of the insurance provider’s stock valued at $64,883,000 after acquiring an additional 3,083 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Markel Group by 49.1% in the 1st quarter. Empowered Funds LLC now owns 416 shares of the insurance provider’s stock valued at $778,000 after acquiring an additional 137 shares in the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Markel Group by 3.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,721 shares of the insurance provider’s stock worth $3,437,000 after purchasing an additional 59 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MKL has been the subject of a number of analyst reports. Zacks Research cut shares of Markel Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 19th. Wall Street Zen upgraded shares of Markel Group from a “hold” rating to a “buy” rating in a research note on Saturday, March 14th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Markel Group in a report on Monday, December 29th. Finally, Truist Financial boosted their target price on shares of Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Markel Group currently has a consensus rating of “Hold” and a consensus price target of $2,100.00.

Markel Group Stock Performance

Markel Group stock opened at $1,876.99 on Friday. The firm has a market capitalization of $23.61 billion, a P/E ratio of 11.06 and a beta of 0.77. The stock has a fifty day moving average price of $2,035.32 and a two-hundred day moving average price of $2,022.29. Markel Group Inc. has a 52-week low of $1,621.89 and a 52-week high of $2,207.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63.

Insider Buying and Selling

In other Markel Group news, CEO Simon Wilson sold 100 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the sale, the chief executive officer directly owned 2,397 shares of the company’s stock, valued at approximately $4,984,513.56. This represents a 4.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 1.66% of the stock is currently owned by company insiders.

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.