Dala Group LLC Acquires New Holdings in Markel Group Inc. $MKL

Dala Group LLC bought a new position in shares of Markel Group Inc. (NYSE:MKL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 430 shares of the insurance provider’s stock, valued at approximately $825,000.

Several other institutional investors and hedge funds have also bought and sold shares of MKL. Davis Selected Advisers boosted its holdings in Markel Group by 11.1% in the 4th quarter. Davis Selected Advisers now owns 415,160 shares of the insurance provider’s stock valued at $892,496,000 after purchasing an additional 41,632 shares during the period. Select Equity Group L.P. increased its holdings in shares of Markel Group by 75.9% in the second quarter. Select Equity Group L.P. now owns 336,369 shares of the insurance provider’s stock worth $671,850,000 after purchasing an additional 145,146 shares during the period. State Street Corp raised its position in shares of Markel Group by 2.1% in the third quarter. State Street Corp now owns 304,400 shares of the insurance provider’s stock worth $581,818,000 after buying an additional 6,160 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. boosted its stake in Markel Group by 13.0% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 204,861 shares of the insurance provider’s stock valued at $440,379,000 after buying an additional 23,631 shares during the period. Finally, Bank of America Corp DE boosted its stake in Markel Group by 5.9% during the third quarter. Bank of America Corp DE now owns 153,099 shares of the insurance provider’s stock valued at $292,627,000 after buying an additional 8,539 shares during the period. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MKL has been the topic of a number of research analyst reports. Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday. Truist Financial dropped 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. Wolfe Research started coverage on shares of Markel Group in a research report on Wednesday, July 1st. They issued an “underperform” rating on the stock. Finally, Weiss Ratings downgraded shares of Markel Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $2,025.00.

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Diane Leopold purchased 100 shares of the stock in a transaction on Wednesday, May 6th. The stock was acquired at an average cost of $1,792.61 per share, with a total value of $179,261.00. Following the completion of the purchase, the director directly owned 2,190 shares of the company’s stock, valued at approximately $3,925,815.90. This trade represents a 4.78% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Greta J. Harris sold 76 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 645 shares in the company, valued at $1,191,514.95. This trade represents a 10.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.08% of the stock is currently owned by company insiders.

Markel Group Price Performance

MKL opened at $1,882.00 on Friday. The stock has a market capitalization of $23.32 billion, a P/E ratio of 10.35 and a beta of 0.66. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a 12-month low of $1,719.41 and a 12-month high of $2,207.59. The stock has a 50-day moving average price of $1,902.13 and a 200-day moving average price of $1,944.19.

Markel Group Company 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.