Markel Group Inc. $MKL Shares Bought by Greenlea Lane Capital Management LLC

Greenlea Lane Capital Management LLC grew its holdings in Markel Group Inc. (NYSE:MKL) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 22,905 shares of the insurance provider’s stock after acquiring an additional 450 shares during the period. Markel Group comprises 14.4% of Greenlea Lane Capital Management LLC’s holdings, making the stock its 4th biggest position. Greenlea Lane Capital Management LLC’s holdings in Markel Group were worth $49,238,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Valley National Advisers Inc. acquired a new stake in shares of Markel Group in the fourth quarter valued at approximately $25,000. Fideuram Asset Management Ireland dac acquired a new stake in Markel Group during the 4th quarter worth approximately $26,000. V Square Quantitative Management LLC acquired a new stake in Markel Group during the 4th quarter worth approximately $32,000. Basepoint Wealth LLC acquired a new stake in Markel Group during the 4th quarter worth approximately $32,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in Markel Group during the 3rd quarter worth approximately $29,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 76 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total transaction of $140,395.56. Following the transaction, the director owned 645 shares in the company, valued at $1,191,514.95. This trade represents a 10.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Diane Leopold acquired 100 shares of the stock in a transaction on Wednesday, May 6th. The shares were bought at an average price of $1,792.61 per share, for a total transaction of $179,261.00. Following the purchase, the director owned 2,190 shares in the company, valued at approximately $3,925,815.90. This trade represents a 4.78% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.08% of the stock is owned by company insiders.

Markel Group Stock Performance

NYSE:MKL opened at $1,883.55 on Wednesday. The stock has a market cap of $23.56 billion, a P/E ratio of 13.57 and a beta of 0.67. The stock has a 50 day simple moving average of $1,865.00 and a 200 day simple moving average of $1,986.68. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.24. Markel Group Inc. has a 1-year low of $1,719.41 and a 1-year high of $2,207.59.

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

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings cut Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 11th. Wall Street Zen cut Markel Group from a “buy” rating to a “sell” rating in a report on Saturday, May 2nd. Brean Capital assumed coverage on Markel Group in a report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price target for the company. Finally, Truist Financial dropped their price target on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Markel Group presently has an average rating of “Hold” and an average target price of $2,025.00.

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.