Dimensional Fund Advisors LP Raises Stock Holdings in Markel Group Inc. $MKL

Dimensional Fund Advisors LP grew its position in shares of Markel Group Inc. (NYSE:MKL) by 4.9% in the first quarter, Holdings Channel reports. The fund owned 136,985 shares of the insurance provider’s stock after buying an additional 6,428 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Markel Group were worth $262,172,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Valley National Advisers Inc. bought a new stake in Markel Group in the fourth quarter worth $25,000. Fideuram Asset Management Ireland dac bought a new position in Markel Group during the fourth quarter valued at $26,000. Reflection Asset Management bought a new position in Markel Group during the fourth quarter valued at $26,000. V Square Quantitative Management LLC purchased a new position in shares of Markel Group in the 4th quarter worth $32,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Markel Group in the 4th quarter worth $32,000. 77.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MKL has been the topic of several recent research reports. Wolfe Research began coverage on shares of Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating on the stock. Wall Street Zen lowered Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. 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 research report on Thursday, April 30th. Finally, Weiss Ratings cut Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Markel Group currently has an average rating of “Reduce” and a consensus target price of $2,025.00.

Insider Transactions at Markel Group

In related news, Director Greta J. Harris sold 76 shares of the 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 directly owned 645 shares of the company’s stock, valued at $1,191,514.95. This represents a 10.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Diane Leopold acquired 100 shares of Markel Group stock in a transaction that occurred on Wednesday, May 6th. The stock was purchased at an average cost of $1,792.61 per share, for a total transaction of $179,261.00. Following the completion of the transaction, the director directly owned 2,190 shares in the company, valued at $3,925,815.90. This trade represents a 4.78% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 1.08% of the stock is currently owned by insiders.

Markel Group Stock Down 0.9%

Shares of MKL opened at $1,944.69 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.24. The business has a fifty day moving average of $1,886.00 and a 200 day moving average of $1,951.08. The company has a market cap of $24.33 billion, a PE ratio of 14.01 and a beta of 0.66. Markel Group Inc. has a 52-week low of $1,719.41 and a 52-week 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) earnings per share for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). Markel Group had a net margin of 10.85% and a return on equity of 7.90%. The firm had revenue of $3.55 billion for the quarter, compared to the consensus estimate of $3.66 billion. On average, sell-side analysts expect that Markel Group Inc. will post 114.11 EPS for the current year.

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.