Markel Group Inc. (NYSE:MKL) is Bradyco Inc.'s 8th Largest Position

Bradyco Inc. lowered its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 9.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,244 shares of the insurance provider's stock after selling 230 shares during the period. Markel Group accounts for about 3.2% of Bradyco Inc.'s investment portfolio, making the stock its 8th largest position. Bradyco Inc.'s holdings in Markel Group were worth $4,195,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of MKL. Brighton Jones LLC purchased a new stake in Markel Group during the fourth quarter valued at $236,000. Yousif Capital Management LLC raised its stake in Markel Group by 5.4% during the fourth quarter. Yousif Capital Management LLC now owns 274 shares of the insurance provider's stock valued at $473,000 after purchasing an additional 14 shares in the last quarter. Apollon Wealth Management LLC raised its stake in Markel Group by 21.8% during the fourth quarter. Apollon Wealth Management LLC now owns 363 shares of the insurance provider's stock valued at $627,000 after purchasing an additional 65 shares in the last quarter. Empowered Funds LLC raised its stake in Markel Group by 12.0% during the fourth quarter. Empowered Funds LLC now owns 279 shares of the insurance provider's stock valued at $482,000 after purchasing an additional 30 shares in the last quarter. Finally, Savant Capital LLC raised its stake in Markel Group by 2.2% during the fourth quarter. Savant Capital LLC now owns 657 shares of the insurance provider's stock valued at $1,134,000 after purchasing an additional 14 shares in the last quarter. Institutional investors own 77.12% of the company's stock.

Markel Group Trading Down 0.9%

Shares of NYSE MKL traded down $16.54 during mid-day trading on Friday, reaching $1,928.28. The company had a trading volume of 25,409 shares, compared to its average volume of 51,765. The business's 50-day moving average is $1,859.93 and its 200-day moving average is $1,825.96. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The stock has a market cap of $24.46 billion, a price-to-earnings ratio of 9.69 and a beta of 0.85. Markel Group Inc. has a 52 week low of $1,491.03 and a 52 week high of $2,063.68.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 90 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $1,861.44, for a total transaction of $167,529.60. Following the transaction, the director now directly owns 632 shares in the company, valued at $1,176,430.08. This represents a 12.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.66% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Separately, Argus upgraded shares of Markel Group from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. One 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, the company has a consensus rating of "Hold" and an average price target of $1,727.75.

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.