Choreo LLC Raises Holdings in Markel Group Inc. (NYSE:MKL)

Choreo LLC boosted its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 48.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,393 shares of the insurance provider's stock after acquiring an additional 452 shares during the period. Choreo LLC's holdings in Markel Group were worth $2,604,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC purchased a new position in shares of Markel Group during the 4th quarter valued at $236,000. American Century Companies Inc. grew its position in Markel Group by 21.8% during the fourth quarter. American Century Companies Inc. now owns 15,938 shares of the insurance provider's stock worth $27,513,000 after buying an additional 2,854 shares in the last quarter. Sei Investments Co. increased its stake in Markel Group by 0.9% in the 4th quarter. Sei Investments Co. now owns 7,067 shares of the insurance provider's stock worth $12,199,000 after acquiring an additional 63 shares during the last quarter. Fox Run Management L.L.C. raised its holdings in shares of Markel Group by 127.5% in the 4th quarter. Fox Run Management L.L.C. now owns 298 shares of the insurance provider's stock valued at $514,000 after acquiring an additional 167 shares in the last quarter. Finally, LPL Financial LLC boosted its position in shares of Markel Group by 7.9% during the 4th quarter. LPL Financial LLC now owns 6,164 shares of the insurance provider's stock valued at $10,641,000 after acquiring an additional 453 shares during the last quarter. Institutional investors own 77.12% of the company's stock.

Insider Buying and Selling at Markel Group

In other Markel Group news, Director Greta J. Harris sold 90 shares of the stock in a transaction that occurred on 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 directly owned 632 shares in the company, valued at $1,176,430.08. This trade represents a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.66% of the company's stock.

Analyst Ratings Changes

Separately, Argus upgraded shares of Markel Group from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $1,820.33.

Markel Group Price Performance

NYSE MKL traded up $21.34 during trading hours on Friday, reaching $2,024.79. 34,564 shares of the stock traded hands, compared to its average volume of 40,197. 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 stock has a 50 day simple moving average of $1,960.66 and a two-hundred day simple moving average of $1,878.72. Markel Group Inc. has a 1 year low of $1,491.03 and a 1 year high of $2,063.68. The company has a market cap of $25.68 billion, a price-to-earnings ratio of 14.92 and a beta of 0.84.

Markel Group Company 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.