Henshaw Capital LLC Decreases Stake in Markel Group Inc. $MKL

Henshaw Capital LLC cut its position in shares of Markel Group Inc. (NYSE:MKL) by 16.6% in the first quarter, Holdings Channel.com reports. The institutional investor owned 1,720 shares of the insurance provider’s stock after selling 342 shares during the period. Henshaw Capital LLC’s holdings in Markel Group were worth $3,292,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. bought a new stake in Markel Group in the 4th quarter worth approximately $25,000. Fideuram Asset Management Ireland dac bought a new position in shares of Markel Group during the 4th quarter valued at approximately $26,000. Reflection Asset Management purchased a new position in shares of Markel Group in the fourth quarter valued at $26,000. V Square Quantitative Management LLC bought a new stake in Markel Group in the fourth quarter worth $32,000. Finally, Basepoint Wealth LLC bought a new stake in Markel Group in the fourth quarter worth $32,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Analyst Ratings Changes

MKL has been the subject of several research reports. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday. Truist Financial reduced their target price on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a report on Thursday, April 30th. Wolfe Research initiated coverage on shares of Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating on the stock. Finally, Weiss Ratings lowered Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Five analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $2,025.00.

Markel Group Trading Down 0.2%

Shares of MKL opened at $1,882.00 on Friday. The company’s fifty day simple moving average is $1,902.13 and its 200-day simple moving average is $1,944.19. The company has a market cap of $23.32 billion, a P/E ratio of 10.35 and a beta of 0.66. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a twelve month low of $1,719.41 and a twelve month high of $2,207.59.

Insider Transactions at Markel Group

In other Markel Group news, Director Greta J. Harris sold 76 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $1,847.31, for a total value of $140,395.56. Following the transaction, the director owned 645 shares of the company’s stock, valued at $1,191,514.95. This represents a 10.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Diane Leopold bought 50 shares of the stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of $1,789.19 per share, with a total value of $89,459.50. Following the completion of the purchase, the director directly owned 550 shares of the company’s stock, valued at approximately $984,054.50. This trade represents a 10.00% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 1.08% of the company’s stock.

Markel Group Company 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.