875 Shares of Markel Group Inc. $MKL Bought by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC acquired a new position in shares of Markel Group Inc. (NYSE:MKL) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 875 shares of the insurance provider’s stock, valued at approximately $1,498,000.

A number of other large investors have also recently bought and sold shares of MKL. BlackRock Inc. bought a new position in Markel Group in the 2nd quarter valued at about $1,362,880,000. Bank of America Corp DE acquired a new position in shares of Markel Group in the 2nd quarter valued at approximately $231,608,000. Davis Asset Management L.P. bought a new stake in shares of Markel Group during the 2nd quarter worth approximately $179,882,000. Legal & General Group Plc bought a new stake in shares of Markel Group during the 2nd quarter worth approximately $122,219,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Markel Group during the 2nd quarter worth approximately $68,051,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Stock Performance

NYSE:MKL opened at $1,868.62 on Friday. Markel Group Inc. has a twelve month low of $1,704.17 and a twelve month high of $2,207.59. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23. The stock’s 50-day simple moving average is $1,798.38 and its 200 day simple moving average is $1,899.53. The firm has a market capitalization of $22.85 billion, a PE ratio of 16.88 and a beta of 0.64.

Analyst Ratings Changes

MKL has been the topic of several analyst reports. Wall Street Zen upgraded shares of Markel Group from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings downgraded shares of Markel Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $2,025.00.

About Markel Group

Markel Group Inc (NYSE: MKL) is a diversified holding company focused on specialty insurance, reinsurance, investments and industrial businesses. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets.

Markel’s insurance offerings include property and casualty coverage, professional liability, marine and energy insurance, workers’ compensation, and other specialty products. Its reinsurance business assumes portions of risk from other insurers.