Markel Group Inc. (NYSE:MKL) Shares Sold by American Capital Advisory LLC

American Capital Advisory LLC lowered its position in Markel Group Inc. (NYSE:MKL - Free Report) by 21.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,239 shares of the insurance provider's stock after selling 333 shares during the period. Markel Group comprises approximately 1.2% of American Capital Advisory LLC's holdings, making the stock its 15th largest position. American Capital Advisory LLC's holdings in Markel Group were worth $2,316,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new position in shares of Markel Group in the fourth quarter valued at $36,000. ST Germain D J Co. Inc. raised its position in shares of Markel Group by 300.0% in the 1st quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider's stock worth $37,000 after buying an additional 15 shares during the period. McIlrath & Eck LLC lifted its stake in shares of Markel Group by 866.7% in the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock valued at $50,000 after purchasing an additional 26 shares in the last quarter. Private Trust Co. NA grew its stake in Markel Group by 23.1% during the fourth quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock worth $55,000 after buying an additional 6 shares during the period. Finally, Assetmark Inc. increased its position in shares of Markel Group by 140.0% in the fourth quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock worth $62,000 after acquiring an additional 21 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Analyst Ratings Changes

Separately, Argus raised shares of Markel Group from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Markel Group has an average rating of "Hold" and an average price target of $1,727.75.

Markel Group Stock Up 1.8%

MKL traded up $35.47 during trading on Thursday, hitting $1,997.21. The company had a trading volume of 23,521 shares, compared to its average volume of 60,767. Markel Group Inc. has a 1-year low of $1,491.03 and a 1-year high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.62 and a quick ratio of 0.62. The company has a market cap of $25.34 billion, a PE ratio of 14.72 and a beta of 0.84. The business has a 50-day moving average of $1,913.44 and a 200-day moving average of $1,844.71.

Insider Activity

In related news, Director Greta J. Harris sold 90 shares of the business's stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $1,861.44, for a total value of $167,529.60. Following the completion of the sale, the director directly owned 632 shares of the company's stock, valued at $1,176,430.08. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 1.66% of the company's stock.

Markel Group 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.