Versor Investments LP Acquires New Shares in Markel Group Inc. $MKL

Versor Investments LP bought a new position in shares of Markel Group Inc. (NYSE:MKL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 124 shares of the insurance provider’s stock, valued at approximately $248,000.

Other large investors have also modified their holdings of the company. Chilton Capital Management LLC bought a new position in shares of Markel Group during the second quarter valued at approximately $32,000. Cary Street Partners Investment Advisory LLC lifted its holdings in Markel Group by 183.3% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider’s stock worth $32,000 after buying an additional 11 shares during the period. Atlas Capital Advisors Inc. bought a new stake in Markel Group during the 1st quarter valued at $32,000. Ameritas Advisory Services LLC purchased a new position in shares of Markel Group in the 2nd quarter valued at $38,000. Finally, Barrett & Company Inc. raised its position in shares of Markel Group by 166.7% in the 2nd quarter. Barrett & Company Inc. now owns 32 shares of the insurance provider’s stock worth $64,000 after acquiring an additional 20 shares in the last quarter. Institutional investors own 77.12% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Cowen reaffirmed a “hold” rating on shares of Markel Group in a research report on Tuesday, October 7th. Weiss Ratings restated a “buy (b)” rating on shares of Markel Group in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Markel Group presently has an average rating of “Hold” and a consensus target price of $1,930.50.

Markel Group Trading Up 0.6%

Markel Group stock opened at $2,008.41 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a market cap of $25.33 billion, a PE ratio of 12.57 and a beta of 0.77. The stock has a 50-day moving average of $1,927.88 and a two-hundred day moving average of $1,933.20. Markel Group Inc. has a one year low of $1,620.61 and a one year high of $2,075.92.

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