Balefire LLC purchased a new position in Markel Group Inc. (NYSE:MKL - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 260 shares of the insurance provider's stock, valued at approximately $519,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of MKL. Select Equity Group L.P. purchased a new stake in Markel Group in the first quarter worth about $357,512,000. GAMMA Investing LLC grew its position in shares of Markel Group by 210,656.4% during the first quarter. GAMMA Investing LLC now owns 115,916 shares of the insurance provider's stock worth $216,718,000 after purchasing an additional 115,861 shares in the last quarter. Epoch Investment Partners Inc. grew its position in shares of Markel Group by 49.5% during the first quarter. Epoch Investment Partners Inc. now owns 108,019 shares of the insurance provider's stock worth $201,953,000 after purchasing an additional 35,786 shares in the last quarter. Nuveen LLC purchased a new stake in shares of Markel Group during the first quarter worth about $45,796,000. Finally, Van Lanschot Kempen Investment Management N.V. grew its position in shares of Markel Group by 20.1% during the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 146,076 shares of the insurance provider's stock worth $273,105,000 after purchasing an additional 24,487 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company's stock.
Markel Group Price Performance
NYSE:MKL opened at $1,925.25 on Thursday. Markel Group Inc. has a 1 year low of $1,521.25 and a 1 year high of $2,075.92. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market capitalization of $24.36 billion, a price-to-earnings ratio of 11.55 and a beta of 0.82. The business has a 50 day simple moving average of $1,963.64 and a 200-day simple moving average of $1,906.96.
Markel Group (NYSE:MKL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The insurance provider reported $25.46 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $24.74 by $0.72. Markel Group had a return on equity of 7.18% and a net margin of 13.39%.The firm had revenue of $4.82 billion during the quarter, compared to analyst estimates of $3.96 billion. During the same period last year, the company earned $18.62 EPS. Markel Group's quarterly revenue was up 24.3% compared to the same quarter last year. Equities analysts forecast that Markel Group Inc. will post 96.25 EPS for the current year.
Analyst Ratings Changes
Separately, Argus upgraded 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 Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Markel Group currently has an average rating of "Hold" and an average price target of $1,820.33.
View Our Latest Stock Report on MKL
About Markel Group
(
Free Report)
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.
Recommended Stories
Want to see what other hedge funds are holding MKL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Markel Group Inc. (NYSE:MKL - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Markel Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Markel Group wasn't on the list.
While Markel Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
