248 Shares in Markel Group Inc. (NYSE:MKL) Bought by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. acquired a new stake in Markel Group Inc. (NYSE:MKL - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 248 shares of the insurance provider's stock, valued at approximately $464,000.

Several other large investors also recently bought and sold shares of the company. Boston Partners grew its position in Markel Group by 17.6% in the fourth quarter. Boston Partners now owns 281,820 shares of the insurance provider's stock valued at $486,580,000 after acquiring an additional 42,178 shares in the last quarter. Norges Bank acquired a new stake in Markel Group in the fourth quarter valued at approximately $254,795,000. Bank of America Corp DE grew its position in Markel Group by 0.7% in the fourth quarter. Bank of America Corp DE now owns 140,997 shares of the insurance provider's stock valued at $243,393,000 after acquiring an additional 915 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. grew its position in Markel Group by 19.3% in the fourth 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 acquiring an additional 19,657 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Markel Group by 1.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 116,664 shares of the insurance provider's stock valued at $201,393,000 after acquiring an additional 1,975 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Insider Transactions at Markel Group

In related news, Director Greta J. Harris sold 90 shares of the firm's stock in a transaction on Friday, May 23rd. The stock was 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 document filed with the SEC, which is available through this hyperlink. 1.66% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

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

Markel Group Stock Down 1.1%

Shares of MKL stock traded down $21.13 during mid-day trading on Friday, reaching $1,973.03. 31,568 shares of the company were exchanged, compared to its average volume of 51,690. Markel Group Inc. has a fifty-two week low of $1,491.03 and a fifty-two week high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.62 and a current ratio of 0.62. The company has a market capitalization of $25.04 billion, a P/E ratio of 14.54 and a beta of 0.84. The business's 50 day simple moving average is $1,936.99 and its 200 day simple moving average is $1,858.61.

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.