Constant Guidance Financial LLC Takes $801,000 Position in Markel Group Inc. (NYSE:MKL)

Constant Guidance Financial LLC bought a new stake in Markel Group Inc. (NYSE:MKL) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 464 shares of the insurance provider’s stock, valued at approximately $801,000. Markel Group accounts for 0.7% of Constant Guidance Financial LLC’s investment portfolio, making the stock its 26th biggest holding.

Several other institutional investors have also modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Markel Group during the third quarter worth about $31,000. Toth Financial Advisory Corp boosted its position in Markel Group by 1,000.0% during the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock worth $35,000 after acquiring an additional 20 shares during the last quarter. Larson Financial Group LLC acquired a new position in Markel Group during the third quarter worth about $36,000. Global Trust Asset Management LLC acquired a new position in Markel Group during the fourth quarter worth about $41,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in Markel Group during the third quarter worth about $42,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Insider Activity

In other Markel Group news, CEO Thomas Sinnickson Gayner bought 100 shares of the business’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average cost of $2,008.01 per share, with a total value of $200,801.00. Following the purchase, the chief executive officer now directly owns 48,945 shares in the company, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.71% of the company’s stock.

Wall Street Analysts Forecast Growth

MKL has been the topic of several recent analyst reports. TD Cowen lowered shares of Markel Group from a “buy” rating to a “hold” rating and decreased their target price for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. StockNews.com lowered shares of Markel Group from a “buy” rating to a “hold” rating in a report on Friday. Finally, Royal Bank of Canada boosted their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a “sector perform” rating in a report on Friday, February 7th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $1,685.17.

Markel Group Price Performance

Markel Group stock opened at $1,869.04 on Friday. The company’s 50 day simple moving average is $1,780.38 and its 200-day simple moving average is $1,662.06. The company has a market capitalization of $24.04 billion, a price-to-earnings ratio of 9.39 and a beta of 0.78. Markel Group Inc. has a 1 year low of $1,417.65 and a 1 year high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60.

Markel Group (NYSE:MKL) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $20.66 by ($0.15). Markel Group had a net margin of 16.34% and a return on equity of 7.55%. As a group, equities research analysts expect that Markel Group Inc. will post 97.92 earnings per share 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.