Sebold Capital Management Inc. Sells 6 Shares of Markel Group Inc. (NYSE:MKL)

Sebold Capital Management Inc. trimmed its position in Markel Group Inc. (NYSE:MKL) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 245 shares of the insurance provider’s stock after selling 6 shares during the quarter. Sebold Capital Management Inc.’s holdings in Markel Group were worth $423,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Brooklyn Investment Group acquired a new position in Markel Group during the third quarter worth $31,000. Toth Financial Advisory Corp raised its stake 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 in the last quarter. Larson Financial Group LLC acquired a new position in Markel Group during the third quarter worth $36,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Markel Group during the third quarter worth $42,000. Finally, UMB Bank n.a. grew its holdings in shares of Markel Group by 833.3% during the third quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock worth $44,000 after purchasing an additional 25 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Royal Bank of Canada decreased their price target on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a report on Friday, November 1st. Jefferies Financial Group raised their target price on Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a report on Wednesday, October 9th. TD Cowen cut Markel Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. Finally, StockNews.com raised Markel Group from a “hold” rating to a “buy” rating in a research report on Monday, December 30th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $1,626.83.

Markel Group Stock Performance

Shares of NYSE MKL opened at $1,747.27 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 12 month low of $1,342.66 and a 12 month high of $1,809.11. The stock has a 50 day moving average of $1,722.73 and a 200-day moving average of $1,621.30. The company has a market capitalization of $22.47 billion, a P/E ratio of 8.06 and a beta of 0.78.

Markel Group (NYSE:MKL) last released its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $17.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $21.97 by ($4.63). The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.74 billion. Markel Group had a net margin of 17.03% and a return on equity of 10.86%. As a group, equities research analysts predict that Markel Group Inc. will post 86.92 EPS for the current year.

Markel Group Company Profile

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.