Markel Group Inc. (NYSE:MKL) Stock Holdings Lifted by Carolina Wealth Advisors LLC

Carolina Wealth Advisors LLC boosted its position in Markel Group Inc. (NYSE:MKL - Free Report) by 5,650.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 230 shares of the insurance provider's stock after purchasing an additional 226 shares during the quarter. Carolina Wealth Advisors LLC's holdings in Markel Group were worth $430,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MKL. Norges Bank bought a new stake in Markel Group in the 4th quarter valued at about $254,795,000. GAMMA Investing LLC lifted its position in Markel Group by 210,656.4% in the 1st quarter. GAMMA Investing LLC now owns 115,916 shares of the insurance provider's stock valued at $216,718,000 after purchasing an additional 115,861 shares during the last quarter. Proficio Capital Partners LLC bought a new stake in Markel Group in the 4th quarter valued at about $169,852,000. Davis Selected Advisers lifted its position in 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 last quarter. Finally, Raymond James Financial Inc. bought a new stake in Markel Group in the 4th quarter valued at about $98,743,000. 77.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling 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 stock was sold at an average price of $1,861.44, for a total value of $167,529.60. Following the transaction, the director now directly owns 632 shares in the company, valued at $1,176,430.08. The trade was a 12.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.66% of the stock is owned by corporate 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 given a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $1,727.75.

Markel Group Price Performance

Shares of MKL stock traded down $10.72 during midday trading on Friday, reaching $1,984.55. 91,779 shares of the company were exchanged, compared to its average volume of 51,519. Markel Group Inc. has a 12 month low of $1,491.03 and a 12 month high of $2,063.68. The company has a market cap of $25.18 billion, a P/E ratio of 14.63 and a beta of 0.85. The company's 50 day moving average price is $1,900.54 and its two-hundred day moving average price is $1,840.36. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.62 and a current ratio of 0.62.

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.