Markel Group Inc. $MKL Shares Bought by Greenlea Lane Capital Management LLC

Greenlea Lane Capital Management LLC lifted its position in shares of Markel Group Inc. (NYSE:MKL) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,905 shares of the insurance provider’s stock after buying an additional 450 shares during the period. Markel Group comprises about 14.4% of Greenlea Lane Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. Greenlea Lane Capital Management LLC owned 0.18% of Markel Group worth $49,238,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of Markel Group by 13.2% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 97,923 shares of the insurance provider’s stock worth $211,172,000 after buying an additional 11,439 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Markel Group by 6.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 12,484 shares of the insurance provider’s stock worth $26,595,000 after buying an additional 732 shares during the period. Ervin Investment Management LLC boosted its position in shares of Markel Group by 259.2% during the fourth quarter. Ervin Investment Management LLC now owns 9,110 shares of the insurance provider’s stock worth $19,583,000 after buying an additional 6,574 shares during the period. Axxcess Wealth Management LLC boosted its position in shares of Markel Group by 77.8% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,552 shares of the insurance provider’s stock worth $3,336,000 after buying an additional 679 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Markel Group by 0.4% during the third quarter. Vanguard Group Inc. now owns 1,172,997 shares of the insurance provider’s stock worth $2,242,020,000 after buying an additional 5,184 shares during the period. 77.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Markel Group

In other news, Director Diane Leopold acquired 100 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was bought at an average price of $1,792.61 per share, with a total value of $179,261.00. Following the transaction, the director directly owned 2,190 shares in the company, valued at approximately $3,925,815.90. The trade was a 4.78% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Greta J. Harris sold 76 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $1,847.31, for a total value of $140,395.56. Following the completion of the sale, the director directly owned 645 shares of the company’s stock, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 1.08% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on MKL shares. Wall Street Zen cut Markel Group from a “buy” rating to a “sell” rating in a research report on Saturday, May 2nd. Brean Capital began coverage on Markel Group in a research report on Tuesday, March 24th. They set a “neutral” rating and a $2,100.00 price objective for the company. Weiss Ratings cut Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 11th. Finally, Truist Financial reduced their price target on Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $2,025.00.

Markel Group Stock Performance

Shares of MKL opened at $1,883.55 on Wednesday. The firm has a 50-day moving average of $1,865.00 and a 200-day moving average of $1,986.68. Markel Group Inc. has a one year low of $1,719.41 and a one year high of $2,207.59. The company has a market cap of $23.56 billion, a PE ratio of 13.57 and a beta of 0.67. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63.

Markel Group (NYSE:MKL) last announced its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) EPS for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). Markel Group had a net margin of 10.85% and a return on equity of 7.90%. The firm had revenue of $3.55 billion during the quarter, compared to the consensus estimate of $3.66 billion. As a group, equities analysts forecast that Markel Group Inc. will post 113.55 earnings per share for the current year.

Markel Group Profile

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.