Markel Group Inc. (NYSE:MKL) Receives Consensus Rating of “Hold” from Analysts

Markel Group Inc. (NYSE:MKL) has received an average rating of “Hold” from the five brokerages that are presently covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $2,025.00.

A number of equities analysts have issued reports on the stock. Wall Street Zen downgraded shares of Markel Group from a “buy” rating to a “sell” rating in a report on Saturday, May 2nd. Brean Capital started coverage on shares of Markel Group in a report on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price target on the stock. Truist Financial cut their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a “hold” rating on the stock in a report on Thursday, April 30th. Finally, Weiss Ratings downgraded shares of Markel Group from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th.

Insider Transactions at Markel Group

In related news, Director Greta J. Harris sold 76 shares of the business’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 of the company’s stock, valued at approximately $1,191,514.95. The trade was a 10.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diane Leopold purchased 100 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was bought at an average cost of $1,792.61 per share, for a total transaction of $179,261.00. Following the completion of the acquisition, the director directly owned 2,190 shares in the company, valued at $3,925,815.90. The trade was a 4.78% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.08% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Markel Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dala Group LLC bought a new stake in Markel Group in the 1st quarter valued at about $825,000. Front Street Capital Management Inc. raised its stake in Markel Group by 4.6% in the 1st quarter. Front Street Capital Management Inc. now owns 1,582 shares of the insurance provider’s stock valued at $3,028,000 after acquiring an additional 69 shares during the period. Western Wealth Management LLC bought a new stake in Markel Group in the 1st quarter valued at about $381,000. Edgestream Partners L.P. bought a new stake in Markel Group in the 1st quarter valued at about $3,736,000. Finally, Arkadios Wealth Advisors raised its stake in Markel Group by 6.0% in the 1st quarter. Arkadios Wealth Advisors now owns 213 shares of the insurance provider’s stock valued at $408,000 after acquiring an additional 12 shares during the period. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Price Performance

MKL opened at $1,792.47 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $22.42 billion, a price-to-earnings ratio of 12.92 and a beta of 0.67. The firm’s fifty day moving average price is $1,880.99 and its two-hundred day moving average price is $2,005.27. Markel Group has a 1 year low of $1,719.41 and a 1 year high of $2,207.59.

Markel Group (NYSE:MKL) last posted its quarterly earnings data on Tuesday, April 28th. The insurance provider reported ($18.90) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $26.38 by ($45.28). The firm had revenue of $3.55 billion for the quarter, compared to analysts’ expectations of $3.66 billion. Markel Group had a return on equity of 7.90% and a net margin of 10.85%. As a group, analysts anticipate that Markel Group will post 113.55 earnings per share for the current fiscal year.

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.