Buttonwood Financial Advisors Inc. Buys 180 Shares of Markel Group Inc. (NYSE:MKL)

Buttonwood Financial Advisors Inc. boosted its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 6.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,057 shares of the insurance provider's stock after buying an additional 180 shares during the period. Markel Group comprises 2.5% of Buttonwood Financial Advisors Inc.'s investment portfolio, making the stock its 12th largest holding. Buttonwood Financial Advisors Inc.'s holdings in Markel Group were worth $5,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of MKL. Davis Selected Advisers increased its holdings in shares of Markel Group by 27.9% in the 4th quarter. Davis Selected Advisers now owns 370,522 shares of the insurance provider's stock valued at $639,606,000 after purchasing an additional 80,922 shares during the period. Boston Partners increased its stake in Markel Group by 17.6% in the 4th quarter. Boston Partners now owns 281,820 shares of the insurance provider's stock valued at $486,580,000 after buying an additional 42,178 shares during the period. Norges Bank acquired a new position in Markel Group in the 4th quarter valued at approximately $254,795,000. Bank of America Corp DE lifted its position in Markel Group by 0.7% in the 4th quarter. Bank of America Corp DE now owns 140,997 shares of the insurance provider's stock worth $243,393,000 after buying an additional 915 shares in the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. boosted its stake in shares of Markel Group by 19.3% during the 4th quarter. Van Lanschot Kempen Investment Management N.V. now owns 121,589 shares of the insurance provider's stock valued at $209,891,000 after buying an additional 19,657 shares during the period. 77.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Markel Group

In related news, Director Greta J. Harris sold 90 shares of Markel Group stock in a transaction on Friday, May 23rd. The shares were 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 owned 632 shares of the company's stock, valued at approximately $1,176,430.08. The trade was a 12.47% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.66% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

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

Markel Group Stock Down 1.7%

MKL traded down $33.94 during midday trading on Wednesday, hitting $1,960.27. 49,781 shares of the company's stock traded hands, compared to its average volume of 51,574. 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 $24.88 billion, a PE ratio of 14.45 and a beta of 0.84. The stock's fifty day simple moving average is $1,910.17 and its 200-day simple moving average is $1,843.91. Markel Group Inc. has a one year low of $1,491.03 and a one year high of $2,063.68.

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.