MCF Advisors LLC Has $1.10 Million Stake in Markel Group Inc. $MKL

MCF Advisors LLC boosted its position in shares of Markel Group Inc. (NYSE:MKL) by 155.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 510 shares of the insurance provider’s stock after buying an additional 310 shares during the period. MCF Advisors LLC’s holdings in Markel Group were worth $1,096,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Valley National Advisers Inc. acquired a new stake in Markel Group during the fourth quarter worth about $25,000. Fideuram Asset Management Ireland dac acquired a new stake in Markel Group during the fourth quarter worth about $26,000. Measured Wealth Private Client Group LLC acquired a new stake in Markel Group during the third quarter worth about $29,000. V Square Quantitative Management LLC acquired a new stake in Markel Group during the fourth quarter worth about $32,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Markel Group in the 4th quarter valued at approximately $32,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Trading Up 2.3%

NYSE MKL opened at $1,819.19 on Friday. The business’s fifty day moving average is $1,873.23 and its 200-day moving average is $1,997.78. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $22.76 billion, a price-to-earnings ratio of 13.11 and a beta of 0.67. Markel Group Inc. has a one year low of $1,719.41 and a one year high of $2,207.59.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). The company had revenue of $3.55 billion during the quarter, compared to analysts’ expectations of $3.66 billion. Markel Group had a return on equity of 7.90% and a net margin of 10.85%. Equities research analysts predict that Markel Group Inc. will post 113.55 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently weighed in on MKL. Brean Capital assumed coverage on shares of Markel Group in a research note on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price target on the stock. Weiss Ratings lowered shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Wall Street Zen lowered shares of Markel Group from a “buy” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, Truist Financial reduced their price objective on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $2,025.00.

Insider Transactions at Markel Group

In other news, Director Diane Leopold acquired 50 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were acquired at an average cost of $1,789.19 per share, for a total transaction of $89,459.50. Following the purchase, the director owned 550 shares of the company’s stock, valued at approximately $984,054.50. The trade was a 10.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total value of $140,395.56. Following the sale, the director owned 645 shares in the company, valued at approximately $1,191,514.95. This represents a 10.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.08% 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.