Markel Group Inc. (NYSE:MKL) Shares Bought by Toth Financial Advisory Corp

Toth Financial Advisory Corp grew its stake in shares of Markel Group Inc. (NYSE:MKL) by 1,000.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22 shares of the insurance provider’s stock after acquiring an additional 20 shares during the period. Toth Financial Advisory Corp’s holdings in Markel Group were worth $35,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. UMB Bank n.a. lifted its position in shares of Markel Group by 833.3% during the 3rd quarter. UMB Bank n.a. now owns 28 shares of the insurance provider’s stock valued at $44,000 after acquiring an additional 25 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Markel Group during the 2nd quarter valued at approximately $45,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Markel Group during the 2nd quarter valued at approximately $55,000. GAMMA Investing LLC lifted its position in shares of Markel Group by 90.0% during the 1st quarter. GAMMA Investing LLC now owns 38 shares of the insurance provider’s stock valued at $58,000 after acquiring an additional 18 shares during the period. Finally, Cubist Systematic Strategies LLC acquired a new stake in shares of Markel Group during the 2nd quarter valued at approximately $65,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Markel Group

In related news, Director Lawrence A. Cunningham acquired 20 shares of the stock in a transaction dated Monday, August 5th. The stock was bought at an average cost of $1,512.50 per share, with a total value of $30,250.00. Following the purchase, the director now directly owns 743 shares of the company’s stock, valued at approximately $1,123,787.50. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.71% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on MKL shares. Citigroup lifted their price objective on Markel Group from $1,435.00 to $1,450.00 and gave the stock a “sell” rating in a research report on Tuesday, July 23rd. StockNews.com downgraded Markel Group from a “buy” rating to a “hold” rating in a research report on Monday, October 7th. TD Cowen started coverage on Markel Group in a research report on Tuesday, July 9th. They set a “buy” rating and a $1,986.00 price objective for the company. Finally, Jefferies Financial Group lifted their price objective on Markel Group from $1,590.00 to $1,600.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat, Markel Group has a consensus rating of “Hold” and an average price target of $1,643.50.

Markel Group Trading Up 0.5 %

Shares of MKL opened at $1,599.18 on Tuesday. The stock has a fifty day moving average of $1,565.70 and a two-hundred day moving average of $1,562.89. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $20.79 billion, a PE ratio of 8.64 and a beta of 0.73. Markel Group Inc. has a fifty-two week low of $1,295.65 and a fifty-two week high of $1,670.24.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Wednesday, July 31st. The insurance provider reported $25.95 earnings per share for the quarter, beating the consensus estimate of $20.76 by $5.19. The company had revenue of $3.83 billion during the quarter, compared to the consensus estimate of $3.86 billion. Markel Group had a return on equity of 11.12% and a net margin of 13.00%. As a group, analysts forecast that Markel Group Inc. will post 89.94 EPS for the current year.

Markel Group Company 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.