785 Shares in Markel Group Inc. $MKL Acquired by Fund Advisors of America Inc FL

Fund Advisors of America Inc FL purchased a new position in Markel Group Inc. (NYSE:MKL) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 785 shares of the insurance provider’s stock, valued at approximately $1,533,000. Markel Group accounts for approximately 1.4% of Fund Advisors of America Inc FL’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac purchased a new position in Markel Group during the fourth quarter valued at $26,000. Reflection Asset Management purchased a new stake in Markel Group in the 4th quarter worth $26,000. Measured Wealth Private Client Group LLC purchased a new stake in Markel Group in the 3rd quarter worth $29,000. Basepoint Wealth LLC bought a new position in shares of Markel Group during the 4th quarter valued at about $32,000. Finally, MidAtlantic Capital Management Inc. bought a new position in shares of Markel Group during the 4th quarter valued at about $39,000. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Price Performance

MKL stock opened at $1,791.88 on Friday. Markel Group Inc. has a 52 week low of $1,719.41 and a 52 week high of $2,207.59. The firm has a market capitalization of $22.20 billion, a P/E ratio of 9.85 and a beta of 0.66. The company has a fifty day simple moving average of $1,907.86 and a two-hundred day simple moving average of $1,921.68. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on MKL. Weiss Ratings raised Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. Wolfe Research initiated coverage on Markel Group in a research note on Wednesday, July 1st. They set an “underperform” rating for the company. Truist Financial cut their price target on 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, Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.