Atria Investments Inc Acquires 45 Shares of Markel Group Inc. $MKL

Atria Investments Inc raised its holdings in Markel Group Inc. (NYSE:MKL) by 2.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,611 shares of the insurance provider’s stock after purchasing an additional 45 shares during the quarter. Atria Investments Inc’s holdings in Markel Group were worth $3,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Markel Group by 0.7% during the 1st quarter. Vanguard Group Inc. now owns 1,158,510 shares of the insurance provider’s stock worth $2,165,962,000 after acquiring an additional 7,914 shares during the period. Davis Selected Advisers grew its stake in shares of Markel Group by 0.3% during the 1st quarter. Davis Selected Advisers now owns 371,469 shares of the insurance provider’s stock worth $694,502,000 after acquiring an additional 947 shares during the period. DAVENPORT & Co LLC grew its stake in shares of Markel Group by 0.7% during the 2nd quarter. DAVENPORT & Co LLC now owns 204,702 shares of the insurance provider’s stock worth $408,364,000 after acquiring an additional 1,383 shares during the period. Select Equity Group L.P. bought a new position in shares of Markel Group during the 1st quarter worth $357,512,000. Finally, Van Lanschot Kempen Investment Management N.V. grew its stake in shares of Markel Group by 20.1% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 146,076 shares of the insurance provider’s stock worth $273,105,000 after acquiring an additional 24,487 shares during the period. Institutional investors own 77.12% of the company’s stock.

Markel Group Stock Up 1.9%

Shares of NYSE MKL opened at $1,974.99 on Monday. Markel Group Inc. has a 52 week low of $1,521.25 and a 52 week high of $2,075.92. The business has a 50-day simple moving average of $1,925.73 and a two-hundred day simple moving average of $1,929.37. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. The company has a market cap of $24.90 billion, a P/E ratio of 12.36 and a beta of 0.78.

Markel Group (NYSE:MKL) last issued its earnings results on Wednesday, October 29th. The insurance provider reported $30.90 EPS for the quarter, topping the consensus estimate of $22.77 by $8.13. Markel Group had a return on equity of 7.91% and a net margin of 12.99%.The business had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.77 billion. Research analysts anticipate that Markel Group Inc. will post 96.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

MKL has been the subject of several research reports. Cowen reiterated a “hold” rating on shares of Markel Group in a research note on Tuesday, October 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Markel Group in a research note on Wednesday, October 8th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Markel Group has a consensus rating of “Hold” and an average price target of $1,930.50.

Markel Group 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.