Captrust Financial Advisors Decreases Stock Holdings in Markel Group Inc. (NYSE:MKL)

Captrust Financial Advisors trimmed its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 20.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,191 shares of the insurance provider's stock after selling 1,802 shares during the quarter. Captrust Financial Advisors owned about 0.06% of Markel Group worth $12,413,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Quilter Plc lifted its position in shares of Markel Group by 7.2% during the fourth quarter. Quilter Plc now owns 33,139 shares of the insurance provider's stock valued at $57,206,000 after buying an additional 2,234 shares during the last quarter. Fiduciary Alliance LLC lifted 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 valued at $3,247,000 after buying an additional 379 shares during the last quarter. WCM Investment Management LLC purchased a new stake in shares of Markel Group during the fourth quarter valued at about $252,000. Franklin Resources Inc. lifted its position in shares of Markel Group by 10.4% during the third quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider's stock valued at $8,736,000 after buying an additional 527 shares during the last quarter. Finally, Korea Investment CORP increased its holdings in shares of Markel Group by 1.9% during the fourth quarter. Korea Investment CORP now owns 8,247 shares of the insurance provider's stock valued at $14,236,000 after acquiring an additional 155 shares in the last quarter. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Stock Performance

NYSE:MKL traded up $13.80 during midday trading on Monday, hitting $1,915.04. The company's stock had a trading volume of 27,212 shares, compared to its average volume of 49,226. Markel Group Inc. has a fifty-two week low of $1,491.03 and a fifty-two week high of $2,063.68. The firm's 50 day moving average is $1,821.38 and its 200-day moving average is $1,781.10. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a market cap of $24.29 billion, a P/E ratio of 9.62 and a beta of 0.84.

Insider Buying and Selling

In other Markel Group news, Director Steven A. Markel sold 800 shares of the company's stock in a transaction that occurred 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 sale, the director now owns 64,868 shares in the company, valued at approximately $120,446,902.40. This represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In the last quarter, insiders have sold 2,034 shares of company stock worth $3,778,952. 1.66% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on MKL shares. Royal Bank of Canada upped their price objective 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. StockNews.com downgraded shares of Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $1,727.75.

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.