Buttonwood Financial Advisors Inc. Increases Holdings in Markel Group Inc. (NYSE:MKL)

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

Other hedge funds have also added to or reduced their stakes in the company. ST Germain D J Co. Inc. increased its stake in shares of Markel Group by 300.0% in the 1st quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider's stock worth $37,000 after purchasing an additional 15 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Markel Group in the 4th quarter worth $36,000. McIlrath & Eck LLC increased its stake in Markel Group by 866.7% in the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock worth $50,000 after buying an additional 26 shares in the last quarter. Private Trust Co. NA increased its stake in Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock worth $55,000 after buying an additional 6 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Markel Group by 140.0% in the 4th quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock worth $62,000 after buying an additional 21 shares in the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Markel Group Stock Down 0.5%

MKL opened at $1,984.55 on Friday. The firm has a 50-day simple moving average of $1,900.54 and a two-hundred day simple moving average of $1,840.36. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $25.18 billion, a PE ratio of 14.63 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.

Analysts Set New Price Targets

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

Insider Activity

In other news, Director Greta J. Harris sold 90 shares of the company's 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 sale, the director now directly owns 632 shares in the company, valued at approximately $1,176,430.08. This represents a 12.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate 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.

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