Markel Group (NYSE:MKL) Now Covered by Brean Capital

Brean Capital began coverage on shares of Markel Group (NYSE:MKL) in a research note released on Tuesday. The firm issued a neutral rating and a $2,100.00 price objective on the insurance provider’s stock.

Several other equities analysts have also recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Markel Group in a research note on Monday, December 29th. 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 raised shares of Markel Group from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Truist Financial raised their price objective on Markel Group from $2,000.00 to $2,100.00 and gave the company a “hold” rating in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Markel Group has a consensus rating of “Hold” and an average target price of $2,100.00.

Markel Group Trading Up 0.5%

Markel Group stock opened at $1,898.62 on Tuesday. Markel Group has a 1 year low of $1,621.89 and a 1 year high of $2,207.59. The firm’s 50 day moving average price is $2,026.82 and its 200-day moving average price is $2,022.77. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market cap of $23.88 billion, a P/E ratio of 11.18 and a beta of 0.77.

Insider Buying and Selling at Markel Group

In related news, CEO Simon Wilson sold 100 shares of the business’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total value of $207,948.00. Following the sale, the chief executive officer 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. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.66% of the company’s stock.

Hedge Funds Weigh In On Markel Group

Several institutional investors have recently bought and sold shares of the business. Valley National Advisers Inc. purchased a new stake in shares of Markel Group during the 4th quarter valued at about $25,000. Fideuram Asset Management Ireland dac purchased a new position in Markel Group in the fourth quarter worth about $26,000. Reflection Asset Management bought a new stake in Markel Group during the fourth quarter worth approximately $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Markel Group during the third quarter valued at approximately $29,000. Finally, V Square Quantitative Management LLC purchased a new stake in Markel Group during the fourth quarter valued at approximately $32,000. Institutional investors own 77.12% of the company’s stock.

About Markel Group

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.