Gold Investment Management Ltd. Has $2.65 Million Stock Holdings in Markel Group Inc. $MKL

Gold Investment Management Ltd. lifted its position in shares of Markel Group Inc. (NYSE:MKL) by 3.1% during the 2nd quarter, Holdings Channel reports. The firm owned 1,330 shares of the insurance provider’s stock after purchasing an additional 40 shares during the quarter. Gold Investment Management Ltd.’s holdings in Markel Group were worth $2,654,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Sierra Ocean LLC acquired a new position in shares of Markel Group during the 1st quarter worth about $28,000. Cary Street Partners Investment Advisory LLC increased its stake in shares of Markel Group by 183.3% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider’s stock worth $32,000 after purchasing an additional 11 shares during the last quarter. Atlas Capital Advisors Inc. acquired a new position in shares of Markel Group during the 1st quarter worth about $32,000. ST Germain D J Co. Inc. increased its stake in shares of Markel Group by 300.0% during the 1st quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider’s stock worth $37,000 after purchasing an additional 15 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new position in shares of Markel Group during the 1st quarter worth about $54,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Stock Down 1.3%

Markel Group stock opened at $1,886.29 on Thursday. The firm has a market capitalization of $23.86 billion, a PE ratio of 11.31 and a beta of 0.78. The company’s 50-day moving average is $1,946.30 and its 200-day moving average is $1,910.66. Markel Group Inc. has a fifty-two week low of $1,521.25 and a fifty-two week high of $2,075.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.59.

Markel Group (NYSE:MKL) last announced its earnings results on Wednesday, July 30th. The insurance provider reported $25.46 EPS for the quarter, topping the consensus estimate of $24.74 by $0.72. The business had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $3.96 billion. Markel Group had a net margin of 13.39% and a return on equity of 7.18%. Markel Group’s revenue was up 24.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $18.62 EPS. Sell-side analysts anticipate that Markel Group Inc. will post 96.25 earnings per share 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.