B. Metzler seel. Sohn & Co. AG Makes New Investment in Markel Group Inc. $MKL

Key Points

• B. Metzler seel. Sohn & Co. AG initiated a position in Markel Group during the second quarter, purchasing 1,650 shares valued at approximately $3.22 million. Institutional investors collectively own 77.12% of the company.
• Markel shares opened at $1,791.88, with a market capitalization of $22.2 billion and a price-to-earnings ratio of 9.85. The stock remains below its 52-week high of $2,207.59.
• Analyst sentiment is mixed, with one Buy, four Hold, and one Sell rating; the consensus rating is Hold, with an average price target of $2,025.

B. Metzler seel. Sohn & Co. AG bought a new stake in Markel Group Inc. (NYSE:MKL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,650 shares of the insurance provider's stock, valued at approximately $3,222,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Keybank National Association OH increased its stake in Markel Group by 0.7% in the fourth 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 last quarter. Wellington Shields & Co. LLC raised its holdings in shares of 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 buying an additional 5 shares in the last quarter. Root Financial Partners LLC lifted its position in shares of Markel Group by 13.9% during the 4th quarter. Root Financial Partners LLC now owns 41 shares of the insurance provider's stock worth $88,000 after buying an additional 5 shares during the last quarter. Moneta Group Investment Advisors LLC lifted its position in shares of Markel Group by 4.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 118 shares of the insurance provider's stock worth $254,000 after buying an additional 5 shares during the last quarter. Finally, Lido Advisors LLC boosted its stake in Markel Group by 1.1% in the fourth quarter. Lido Advisors LLC now owns 460 shares of the insurance provider's stock valued at $912,000 after buying an additional 5 shares in the last quarter. Institutional investors own 77.12% of the company's stock.

Markel Group Stock Up 0.2%

Shares of MKL opened at $1,791.88 on Friday. Markel Group Inc. has a 52 week low of $1,719.41 and a 52 week high of $2,207.59. The stock has a market capitalization of $22.20 billion, a price-to-earnings ratio of 9.85 and a beta of 0.66. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a fifty day moving average of $1,907.86 and a 200-day moving average of $1,921.68.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MKL shares. Truist Financial decreased their target price on 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. Wolfe Research began coverage on shares of Markel Group in a report on Wednesday, July 1st. They issued an "underperform" rating for the company. 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. Finally, Wall Street Zen raised shares of Markel Group from a "sell" rating to a "hold" rating in a report on Saturday, August 1st. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus price target of $2,025.00.

Markel Group Company Profile

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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