Markel Group Inc. (NYSE:MKL) Holdings Lifted by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC boosted its position in shares of Markel Group Inc. (NYSE:MKL) by 17.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 178 shares of the insurance provider’s stock after buying an additional 26 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Markel Group were worth $253,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of MKL. Ritter Daniher Financial Advisory LLC DE lifted its holdings in shares of Markel Group by 150.0% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 20 shares of the insurance provider’s stock valued at $29,000 after purchasing an additional 12 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Markel Group by 133.3% during the fourth quarter. Blue Trust Inc. now owns 21 shares of the insurance provider’s stock valued at $31,000 after purchasing an additional 12 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Markel Group during the second quarter valued at $39,000. Achmea Investment Management B.V. purchased a new stake in shares of Markel Group during the first quarter valued at $41,000. Finally, Fred Alger Management LLC lifted its holdings in shares of Markel Group by 220.0% during the third quarter. Fred Alger Management LLC now owns 48 shares of the insurance provider’s stock valued at $52,000 after purchasing an additional 33 shares during the last quarter. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Stock Up 1.4 %

Shares of Markel Group stock opened at $1,456.69 on Friday. The stock has a 50-day moving average price of $1,483.41 and a 200 day moving average price of $1,444.77. The company has a market cap of $19.00 billion, a P/E ratio of 9.91 and a beta of 0.70. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 1 year low of $1,272.43 and a 1 year high of $1,560.00.

Markel Group (NYSE:MKL) last posted its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $56.48 earnings per share for the quarter, topping analysts’ consensus estimates of $23.58 by $32.90. Markel Group had a return on equity of 11.22% and a net margin of 12.63%. The company had revenue of $3.71 billion during the quarter, compared to the consensus estimate of $3.75 billion. As a group, analysts expect that Markel Group Inc. will post 80.08 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

MKL has been the subject of several analyst reports. Janney Montgomery Scott reaffirmed a “neutral” rating and set a $1,600.00 target price on shares of Markel Group in a report on Friday, March 15th. Royal Bank of Canada reissued a “sector perform” rating and issued a $1,475.00 price objective on shares of Markel Group in a research note on Friday, February 2nd. Finally, Jefferies Financial Group downgraded Markel Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $1,680.00 to $1,500.00 in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $1,450.00.

Insider Activity

In related news, CEO Thomas Sinnickson Gayner acquired 100 shares of the stock in a transaction dated Friday, February 2nd. The shares were acquired at an average price of $1,414.74 per share, with a total value of $141,474.00. Following the acquisition, the chief executive officer now owns 45,039 shares in the company, valued at approximately $63,718,474.86. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Markel Group news, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction on Friday, February 2nd. The shares were purchased at an average price of $1,414.74 per share, with a total value of $141,474.00. Following the acquisition, the chief executive officer now directly owns 45,039 shares of the company’s stock, valued at approximately $63,718,474.86. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director A. Lynne Puckett bought 72 shares of the stock in a transaction on Friday, February 2nd. The stock was acquired at an average cost of $1,409.28 per share, for a total transaction of $101,468.16. Following the acquisition, the director now directly owns 960 shares in the company, valued at $1,352,908.80. The disclosure for this purchase can be found here. 1.71% of the stock is currently owned by insiders.

Markel Group Profile

Markel Group Inc, a diverse holding company, engages in marketing and underwriting specialty insurance products in the United States, Bermuda, the United Kingdom, and Germany. The company offers general and professional liability, personal lines, marine and energy, specialty programs, and workers' compensation insurance products; and property coverages that include fire, allied lines, and other specialized property coverages, including catastrophe-exposed property risks, such as earthquake and wind.