Markel Group Inc. $MKL Stock Position Lowered by Live Oak Private Wealth LLC

Live Oak Private Wealth LLC decreased its position in Markel Group Inc. (NYSE:MKL) by 5.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,805 shares of the insurance provider’s stock after selling 362 shares during the quarter. Markel Group comprises approximately 1.5% of Live Oak Private Wealth LLC’s holdings, making the stock its 21st largest position. Live Oak Private Wealth LLC’s holdings in Markel Group were worth $11,337,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new position in Markel Group during the fourth quarter worth about $26,000. Reflection Asset Management acquired a new stake in Markel Group in the 4th quarter valued at about $26,000. Basepoint Wealth LLC bought a new position in shares of Markel Group during the 4th quarter valued at about $32,000. Measured Wealth Private Client Group LLC bought a new position in shares of Markel Group during the 3rd quarter valued at about $29,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in shares of Markel Group in the 2nd quarter worth approximately $31,000. Institutional investors own 77.12% of the company’s stock.

Markel Group Trading Down 0.3%

Shares of NYSE MKL opened at $1,797.03 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a 12 month low of $1,719.41 and a 12 month high of $2,207.59. The company has a market cap of $22.27 billion, a price-to-earnings ratio of 9.88 and a beta of 0.65. The business has a fifty day simple moving average of $1,900.01 and a 200-day simple moving average of $1,907.61.

Analyst Ratings Changes

MKL has been the topic of a number of research reports. Wolfe Research began coverage on shares of Markel Group in a report on Wednesday, July 1st. They issued an “underperform” rating on the stock. Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Finally, Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. One investment analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $2,025.00.

About Markel Group

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.