MASTERINVEST Kapitalanlage GmbH Invests $1.65 Million in Markel Group Inc. $MKL

MASTERINVEST Kapitalanlage GmbH bought a new stake in Markel Group Inc. (NYSE:MKLFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 844 shares of the insurance provider’s stock, valued at approximately $1,648,000.

Other institutional investors have also added to or reduced their stakes in the company. Keybank National Association OH lifted its stake in Markel Group by 0.7% in the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider’s stock valued at $1,644,000 after purchasing an additional 5 shares during the last quarter. Wellington Shields & Co. LLC grew its holdings in Markel Group by 3.2% during the fourth quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider’s stock worth $344,000 after purchasing an additional 5 shares during the period. Root Financial Partners LLC increased its position in Markel Group by 13.9% during the fourth quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider’s stock worth $88,000 after buying an additional 5 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in Markel Group by 4.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider’s stock valued at $254,000 after buying an additional 5 shares during the period. Finally, Lido Advisors LLC raised its stake in Markel Group by 1.1% in the fourth quarter. Lido Advisors LLC now owns 460 shares of the insurance provider’s stock valued at $912,000 after buying an additional 5 shares during the period. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Stock Performance

Shares of NYSE MKL opened at $1,804.99 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market cap of $22.36 billion, a price-to-earnings ratio of 9.93 and a beta of 0.66. The stock’s fifty day moving average price is $1,903.61 and its two-hundred day moving average price is $1,913.61. Markel Group Inc. has a one year low of $1,719.41 and a one year high of $2,207.59.

Analysts Set New Price Targets

MKL has been the subject of a number of recent analyst reports. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Wolfe Research assumed coverage on Markel Group in a report on Wednesday, July 1st. They set an “underperform” rating on the stock. Truist Financial dropped their price target on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a research note on Thursday, April 30th. Finally, Weiss Ratings raised Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $2,025.00.

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Markel Group Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Markel Group (NYSE:MKL)

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