1,078 Markel Group Inc. $MKL Shares Acquired by CenterBook Partners LP

CenterBook Partners LP grew its position in shares of Markel Group Inc. (NYSE:MKL) by 220.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,566 shares of the insurance provider’s stock after buying an additional 1,078 shares during the quarter. CenterBook Partners LP’s holdings in Markel Group were worth $2,682,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Pin Oak Investment Advisors Inc. bought a new stake in shares of Markel Group in the second quarter worth $31,000. Fortitude Family Office LLC lifted its holdings in Markel Group by 100.0% in the third quarter. Fortitude Family Office LLC now owns 22 shares of the insurance provider’s stock valued at $38,000 after acquiring an additional 11 shares during the period. Livforsakringsbolaget Skandia Omsesidigt bought a new position in Markel Group in the second quarter valued at about $39,000. NFSG Corp bought a new position in Markel Group in the first quarter valued at about $40,000. Finally, Security National Bank of SO Dak purchased a new position in Markel Group in the second quarter worth about $45,000. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Markel Group Price Performance

Shares of Markel Group stock opened at $1,938.99 on Friday. The stock has a market cap of $23.71 billion, a P/E ratio of 13.78 and a beta of 0.60. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.66 and a current ratio of 0.66. The stock’s fifty day moving average is $1,810.43 and its 200 day moving average is $1,895.79. Markel Group Inc. has a one year low of $1,704.17 and a one year high of $2,207.59.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on MKL shares. Weiss Ratings downgraded Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, October 28th. DOWLING & PARTN assumed coverage on shares of Markel Group in a research report on Wednesday. They set a “hold” rating for the company. Finally, Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Markel Group currently has an average rating of “Reduce” and a consensus target price of $2,025.00.

About Markel Group