Markel Group Inc. (NYSE:MKL) Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. boosted its holdings in Markel Group Inc. (NYSE:MKL - Free Report) by 5.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,722 shares of the insurance provider's stock after acquiring an additional 398 shares during the quarter. Brown Advisory Inc. owned about 0.06% of Markel Group worth $13,330,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MKL. Quilter Plc lifted its stake in shares of Markel Group by 7.2% in the fourth quarter. Quilter Plc now owns 33,139 shares of the insurance provider's stock valued at $57,206,000 after purchasing an additional 2,234 shares during the period. Fiduciary Alliance LLC lifted its position in shares of Markel Group by 25.2% during the 4th quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider's stock valued at $3,247,000 after acquiring an additional 379 shares during the period. WCM Investment Management LLC purchased a new stake in shares of Markel Group during the 4th quarter worth approximately $252,000. Franklin Resources Inc. grew its holdings in shares of Markel Group by 10.4% in the 3rd quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider's stock worth $8,736,000 after acquiring an additional 527 shares during the period. Finally, Korea Investment CORP increased its stake in Markel Group by 1.9% in the 4th quarter. Korea Investment CORP now owns 8,247 shares of the insurance provider's stock valued at $14,236,000 after purchasing an additional 155 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Markel Group Price Performance

Shares of MKL traded up $22.79 during trading hours on Friday, reaching $1,903.48. 51,436 shares of the company traded hands, compared to its average volume of 49,230. The stock has a market capitalization of $24.15 billion, a PE ratio of 9.56 and a beta of 0.84. The stock has a fifty day simple moving average of $1,821.38 and a 200 day simple moving average of $1,778.22. Markel Group Inc. has a fifty-two week low of $1,491.03 and a fifty-two week high of $2,063.68. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Markel Group (NYSE:MKL - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. As a group, research analysts predict that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Insider Buying and Selling at Markel Group

In related news, Director Steven A. Markel sold 800 shares of the company's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $1,856.80, for a total value of $1,485,440.00. Following the completion of the transaction, the director now directly owns 64,868 shares in the company, valued at approximately $120,446,902.40. This represents a 1.22 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 2,034 shares of company stock worth $3,778,952. Insiders own 1.66% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. StockNews.com lowered Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada raised their target price on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $1,727.75.

About Markel Group

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.