Vantage Investment Partners LLC Acquires New Holdings in Markel Group Inc. $MKL

Vantage Investment Partners LLC bought a new stake in shares of Markel Group Inc. (NYSE:MKL) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 3,527 shares of the insurance provider’s stock, valued at approximately $6,741,000.

Several other institutional investors and hedge funds also recently modified their holdings of MKL. Baxter Bros Inc. increased its stake in shares of Markel Group by 1.0% during the 2nd quarter. Baxter Bros Inc. now owns 637 shares of the insurance provider’s stock worth $1,272,000 after purchasing an additional 6 shares in the last quarter. DekaBank Deutsche Girozentrale grew its holdings in Markel Group by 0.3% during the 2nd quarter. DekaBank Deutsche Girozentrale now owns 1,741 shares of the insurance provider’s stock valued at $3,507,000 after buying an additional 6 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in Markel Group by 4.7% during the second quarter. Flagship Harbor Advisors LLC now owns 135 shares of the insurance provider’s stock worth $270,000 after buying an additional 6 shares in the last quarter. Fidelis Capital Partners LLC raised its holdings in shares of Markel Group by 3.4% in the second quarter. Fidelis Capital Partners LLC now owns 180 shares of the insurance provider’s stock worth $352,000 after acquiring an additional 6 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its position in shares of Markel Group by 1.8% in the second quarter. TD Waterhouse Canada Inc. now owns 347 shares of the insurance provider’s stock valued at $692,000 after acquiring an additional 6 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Simon Wilson sold 75 shares of the stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $2,072.94, for a total value of $155,470.50. Following the transaction, the chief executive officer directly owned 1,770 shares of the company’s stock, valued at approximately $3,669,103.80. This trade represents a 4.07% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Steven A. Markel sold 1,330 shares of Markel Group stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $2,119.12, for a total value of $2,818,429.60. Following the completion of the transaction, the director owned 60,368 shares in the company, valued at $127,927,036.16. The trade was a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,575 shares of company stock valued at $3,330,900. Insiders own 1.66% of the company’s stock.

Markel Group Trading Down 0.8%

NYSE MKL opened at $2,044.64 on Friday. The company has a market cap of $25.78 billion, a P/E ratio of 12.80 and a beta of 0.80. Markel Group Inc. has a 12 month low of $1,621.89 and a 12 month high of $2,207.59. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.60 and a quick ratio of 0.60. The company has a 50-day moving average of $2,106.11 and a 200-day moving average of $2,007.29.

Markel Group (NYSE:MKL) last released its earnings results on Wednesday, October 29th. The insurance provider reported $30.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $22.77 by $8.13. Markel Group had a net margin of 12.99% and a return on equity of 7.76%. The firm had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.77 billion. As a group, equities analysts predict that Markel Group Inc. will post 96.25 earnings per share for the current year.

Analysts Set New Price Targets

MKL has been the subject of a number of recent research reports. Zacks Research cut Markel Group from a “strong-buy” rating to a “hold” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b+)” rating on shares of Markel Group in a report on Monday, December 29th. Finally, TD Cowen reissued a “hold” rating on shares of Markel Group in a research note on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus 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.