Gilbert & Cook Inc. Boosts Holdings in Markel Group Inc. (NYSE:MKL)

Gilbert & Cook Inc. lifted its stake in shares of Markel Group Inc. (NYSE:MKL) by 1.7% during the fourth quarter, HoldingsChannel.com reports. The firm owned 428 shares of the insurance provider’s stock after purchasing an additional 7 shares during the period. Gilbert & Cook Inc.’s holdings in Markel Group were worth $739,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of MKL. SpiderRock Advisors LLC lifted its holdings in shares of Markel Group by 199.4% in the third quarter. SpiderRock Advisors LLC now owns 473 shares of the insurance provider’s stock valued at $742,000 after buying an additional 315 shares during the period. Versor Investments LP grew its position in shares of Markel Group by 72.4% during the 3rd quarter. Versor Investments LP now owns 381 shares of the insurance provider’s stock worth $598,000 after buying an additional 160 shares during the period. Fiduciary Alliance LLC boosted its position in shares of Markel Group by 25.2% during the fourth quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider’s stock worth $3,247,000 after buying an additional 379 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Markel Group in the 2nd quarter valued at about $2,803,000. Finally, Franklin Resources Inc. boosted its position in shares of Markel Group by 10.4% in the third quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider’s stock valued at $8,736,000 after acquiring an additional 527 shares during the period. Institutional investors and hedge funds own 77.12% of the company’s stock.

Wall Street Analysts Forecast Growth

MKL has been the subject of a number of recent research reports. TD Cowen lowered shares of Markel Group from a “buy” rating to a “hold” rating and decreased their price target for the company from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. Royal Bank of Canada decreased their price target on shares of Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. Jefferies Financial Group boosted their target price on Markel Group from $1,590.00 to $1,600.00 and gave the company a “hold” rating in a research report on Wednesday, October 9th. Finally, StockNews.com cut shares of Markel Group from a “buy” rating to a “hold” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $1,626.83.

Markel Group Trading Up 1.0 %

NYSE MKL traded up $18.46 on Thursday, hitting $1,821.49. 1,379 shares of the stock were exchanged, compared to its average volume of 66,879. The company’s 50-day moving average price is $1,745.78 and its two-hundred day moving average price is $1,636.77. Markel Group Inc. has a 52-week low of $1,342.66 and a 52-week high of $1,842.48. The company has a market capitalization of $23.42 billion, a price-to-earnings ratio of 8.40 and a beta of 0.78. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60.

Markel Group (NYSE:MKL) last released its quarterly earnings data on Wednesday, October 30th. The insurance provider reported $17.34 EPS for the quarter, missing analysts’ consensus estimates of $21.97 by ($4.63). Markel Group had a net margin of 17.03% and a return on equity of 10.86%. The firm had revenue of $3.69 billion during the quarter, compared to the consensus estimate of $3.74 billion. Research analysts predict that Markel Group Inc. will post 86.92 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.