Greenbrier Partners Capital Management LLC bought a new stake in Markel Group Inc. (NYSE:MKL – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 25,531 shares of the insurance provider’s stock, valued at approximately $49,862,000. Markel Group makes up approximately 3.7% of Greenbrier Partners Capital Management LLC’s holdings, making the stock its 8th biggest holding.
A number of other institutional investors and hedge funds also recently made changes to their positions in MKL. Fideuram Asset Management Ireland dac acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $26,000. Reflection Asset Management acquired a new position in Markel Group during the fourth quarter valued at approximately $26,000. Measured Wealth Private Client Group LLC acquired a new position in Markel Group during the third quarter valued at approximately $29,000. Basepoint Wealth LLC bought a new stake in Markel Group during the fourth quarter worth $32,000. Finally, Kelleher Financial Advisors bought a new stake in Markel Group during the third quarter worth $38,000. Institutional investors own 77.12% of the company’s stock.
Wall Street Analyst Weigh In
MKL has been the topic of several recent analyst reports. Wall Street Zen upgraded Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Wolfe Research started coverage on Markel Group in a report on Wednesday, July 1st. They set an “underperform” rating for the company. Truist Financial dropped their price objective 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. Finally, Weiss Ratings raised Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $2,025.00.
Markel Group Price Performance
MKL stock opened at $1,791.88 on Friday. The company has a 50 day simple moving average of $1,907.86 and a 200 day simple moving average of $1,921.68. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 9.85 and a beta of 0.66. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63.
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.
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