686 Shares in Markel Group Inc. $MKL Acquired by OMERS ADMINISTRATION Corp

Key Points

• OMERS Administration Corp. acquired 686 shares of Markel Group in the second quarter, valued at approximately $1.34 million. Institutional investors and hedge funds collectively own 77.12% of MKL shares.
• Analyst sentiment remains mixed, with one Buy, four Hold, and one Sell rating. Markel has an overall consensus rating of Hold and an average price target of $2,025.
• Markel shares opened at $1,818.05, up 0.5%, with a $22.53 billion market capitalization. The stock has traded between $1,719.41 and $2,207.59 over the past year.

OMERS ADMINISTRATION Corp purchased a new stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 686 shares of the insurance provider's stock, valued at approximately $1,340,000.

Other large investors have also modified their holdings of the company. Keybank National Association OH increased its position in Markel Group by 0.7% in the 4th quarter. Keybank National Association OH now owns 765 shares of the insurance provider's stock valued at $1,644,000 after acquiring an additional 5 shares during the period. Wellington Shields & Co. LLC boosted its position in Markel Group by 3.2% during the 4th quarter. Wellington Shields & Co. LLC now owns 160 shares of the insurance provider's stock worth $344,000 after acquiring an additional 5 shares during the period. Root Financial Partners LLC increased its holdings in shares of Markel Group by 13.9% during the fourth quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider's stock valued at $88,000 after purchasing an additional 5 shares during the period. Moneta Group Investment Advisors LLC raised its stake in shares of Markel Group by 4.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider's stock valued at $254,000 after purchasing an additional 5 shares in the last quarter. Finally, Lido Advisors LLC raised its stake in shares of Markel Group by 1.1% during the fourth quarter. Lido Advisors LLC now owns 460 shares of the insurance provider's stock valued at $912,000 after purchasing an additional 5 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Wall Street Analysts Forecast Growth

MKL has been the topic of a number of recent analyst reports. Truist Financial dropped their price target on shares of Markel Group from $2,100.00 to $1,950.00 and set a "hold" rating on the stock in a research report on Thursday, April 30th. Weiss Ratings upgraded shares of Markel Group from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 17th. Wolfe Research assumed coverage on Markel Group in a report on Wednesday, July 1st. They set an "underperform" rating on the stock. Finally, Wall Street Zen upgraded Markel Group from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $2,025.00.

Markel Group Stock Up 0.5%

NYSE MKL opened at $1,818.05 on Thursday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. The company's 50 day simple moving average is $1,904.56 and its 200 day simple moving average is $1,915.71. Markel Group Inc. has a 12 month low of $1,719.41 and a 12 month high of $2,207.59. The company has a market capitalization of $22.53 billion, a P/E ratio of 10.00 and a beta of 0.66.

About Markel Group

Markel Group NYSE: MKL is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.

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