Brown Advisory Inc. Has $15.33 Million Stock Position in Markel Group Inc. (NYSE:MKL)

Brown Advisory Inc. raised its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 6.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,200 shares of the insurance provider's stock after purchasing an additional 478 shares during the period. Brown Advisory Inc. owned 0.06% of Markel Group worth $15,331,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Markel Group in the first quarter valued at approximately $115,000. GAMMA Investing LLC raised its stake in Markel Group by 12.7% during the 1st quarter. GAMMA Investing LLC now owns 62 shares of the insurance provider's stock valued at $116,000 after purchasing an additional 7 shares during the last quarter. Vontobel Holding Ltd. bought a new stake in Markel Group in the 1st quarter valued at $372,000. Values Added Financial LLC grew its position in Markel Group by 42.0% in the 1st quarter. Values Added Financial LLC now owns 1,511 shares of the insurance provider's stock worth $2,825,000 after purchasing an additional 447 shares during the last quarter. Finally, Northstar Group Inc. raised its position in shares of Markel Group by 19.5% during the first quarter. Northstar Group Inc. now owns 2,161 shares of the insurance provider's stock valued at $4,040,000 after buying an additional 352 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Markel Group Price Performance

Shares of Markel Group stock traded down $21.13 during trading on Friday, hitting $1,973.03. 31,568 shares of the company's stock traded hands, compared to its average volume of 51,671. The company has a market cap of $25.04 billion, a PE ratio of 22.28 and a beta of 0.84. The firm's fifty day moving average price is $1,936.99 and its 200 day moving average price is $1,857.89. Markel Group Inc. has a twelve month low of $1,491.03 and a twelve month 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.

Insider Buying and Selling at Markel Group

In related news, Director Greta J. Harris sold 90 shares of Markel Group 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 completion of the transaction, the director directly owned 632 shares of the company's stock, valued at $1,176,430.08. This trade represents a 12.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.66% of the company's stock.

About Markel Group

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.