CW Advisors LLC Takes Position in Markel Group Inc. $MKL

Key Points

• CW Advisors LLC has acquired a new stake in Markel Group Inc., purchasing 509 shares valued at approximately $952,000.
• Markel Group's share price currently sits at $1,979.36, with a market cap of $25.04 billion and impressive quarterly earnings beating estimates by a significant margin.
• Analysts have upgraded Markel Group from a "hold" to a "buy" rating, with a consensus target price of $1,820.33, reflecting a positive outlook on the company's future performance.

CW Advisors LLC bought a new stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 509 shares of the insurance provider's stock, valued at approximately $952,000.

Other large investors have also recently made changes to their positions in the company. Sierra Ocean LLC purchased a new position in shares of Markel Group during the first quarter valued at approximately $28,000. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Markel Group by 183.3% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider's stock valued at $32,000 after purchasing an additional 11 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in shares of Markel Group during the first quarter valued at approximately $32,000. ST Germain D J Co. Inc. lifted its holdings in shares of Markel Group by 300.0% during the first quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider's stock valued at $37,000 after purchasing an additional 15 shares during the last quarter. Finally, McIlrath & Eck LLC raised its holdings 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 acquiring an additional 26 shares during the last quarter. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Argus upgraded shares of Markel Group from a "hold" rating to a "buy" rating in a report on Friday, May 30th. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus target price of $1,820.33.

Markel Group Price Performance

Shares of NYSE MKL opened at $1,979.36 on Tuesday. Markel Group Inc. has a twelve month low of $1,494.00 and a twelve month high of $2,075.92. The firm has a market cap of $25.04 billion, a P/E ratio of 11.87 and a beta of 0.82. The company has a 50 day moving average of $1,976.58 and a 200 day moving average of $1,901.04. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25.

Markel Group (NYSE:MKL - Get Free Report) last announced its earnings results on Wednesday, July 30th. The insurance provider reported $25.46 earnings per share for the quarter, beating analysts' consensus estimates of $24.74 by $0.72. The business had revenue of $4.82 billion during the quarter, compared to analyst estimates of $3.96 billion. Markel Group had a net margin of 13.39% and a return on equity of 7.18%. The company's quarterly revenue was up 24.3% compared to the same quarter last year. During the same period in the previous year, the business earned $18.62 EPS. As a group, research analysts expect that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

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.

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