Osmosis Investment Management UK Ltd Acquires Shares of 517 Markel Group Inc. $MKL

Osmosis Investment Management UK Ltd acquired a new stake in Markel Group Inc. (NYSE:MKL) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 517 shares of the insurance provider’s stock, valued at approximately $1,010,000.

A number of other hedge funds have also modified their holdings of the stock. Fideuram Asset Management Ireland dac bought a new position in shares of Markel Group during the 4th quarter worth approximately $26,000. Reflection Asset Management bought a new stake in Markel Group in the fourth quarter valued at $26,000. Basepoint Wealth LLC acquired a new position in Markel Group during the fourth quarter worth $32,000. Measured Wealth Private Client Group LLC acquired a new position in Markel Group during the third quarter worth $29,000. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Markel Group during the fourth quarter valued at $39,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Markel Group Price Performance

Shares of MKL stock opened at $1,817.76 on Tuesday. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59. The firm’s 50 day moving average is $1,907.04 and its 200-day moving average is $1,919.36. The firm has a market capitalization of $22.52 billion, a price-to-earnings ratio of 10.00 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.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on MKL shares. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Wolfe Research assumed coverage on shares of Markel Group in a research report on Wednesday, July 1st. They set an “underperform” rating for the company. Truist Financial cut their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating for the company in a report on Thursday, April 30th. Finally, Weiss Ratings upgraded shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 17th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Markel Group currently has a consensus rating of “Hold” and an average price target of $2,025.00.

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.