Savant Capital LLC Buys 14 Shares of Markel Group Inc. (NYSE:MKL)

Savant Capital LLC increased its stake in shares of Markel Group Inc. (NYSE:MKL) by 2.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 657 shares of the insurance provider’s stock after purchasing an additional 14 shares during the quarter. Savant Capital LLC’s holdings in Markel Group were worth $1,134,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in MKL. Brooklyn Investment Group bought a new stake in shares of Markel Group in the 3rd quarter valued at about $31,000. Toth Financial Advisory Corp boosted its stake in Markel Group by 1,000.0% in the third quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock valued at $35,000 after acquiring an additional 20 shares in the last quarter. Larson Financial Group LLC purchased a new position in Markel Group in the third quarter worth $36,000. Global Trust Asset Management LLC acquired a new position in shares of Markel Group during the fourth quarter worth $41,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Markel Group during the 3rd quarter valued at $42,000. Institutional investors own 77.12% of the company’s stock.

Insider Buying and Selling at Markel Group

In other news, CEO Thomas Sinnickson Gayner acquired 100 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were acquired at an average price of $2,008.01 per share, with a total value of $200,801.00. Following the purchase, the chief executive officer now directly owns 48,945 shares of the company’s stock, valued at $98,282,049.45. This trade represents a 0.20 % increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MKL. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a research note on Friday. TD Cowen downgraded shares of Markel Group from a “buy” rating to a “hold” rating and cut their price objective for the company from $1,986.00 to $1,836.00 in a report on Monday, December 2nd. Finally, Royal Bank of Canada boosted their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a “sector perform” rating in a research report on Friday, February 7th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1,685.17.

Markel Group Price Performance

Shares of NYSE:MKL opened at $1,869.04 on Friday. Markel Group Inc. has a twelve month low of $1,417.65 and a twelve month high of $2,063.68. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The company has a market cap of $24.04 billion, a PE ratio of 9.39 and a beta of 0.78. The company’s 50 day moving average is $1,780.38 and its 200 day moving average is $1,662.06.

Markel Group (NYSE:MKL) last released its quarterly earnings data on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share for the quarter, missing analysts’ consensus estimates of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. On average, sell-side analysts forecast that Markel Group Inc. will post 97.92 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.