Fort Washington Investment Advisors Inc. OH Has $149.15 Million Stock Holdings in Markel Group Inc. (NYSE:MKL)

Fort Washington Investment Advisors Inc. OH raised its position in Markel Group Inc. (NYSE:MKL - Free Report) by 3.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,777 shares of the insurance provider's stock after purchasing an additional 2,855 shares during the quarter. Markel Group makes up approximately 0.9% of Fort Washington Investment Advisors Inc. OH's holdings, making the stock its 28th biggest position. Fort Washington Investment Advisors Inc. OH owned about 0.63% of Markel Group worth $149,152,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Davis Selected Advisers grew its stake in Markel Group by 27.9% in the fourth 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 in the last quarter. Boston Partners grew its stake 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 purchasing an additional 42,178 shares in the last quarter. Norges Bank purchased a new position in Markel Group in the fourth quarter valued at about $254,795,000. Bank of America Corp DE grew its stake 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 purchasing an additional 915 shares in the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. grew its stake 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 purchasing an additional 19,657 shares in the last quarter. Hedge funds and other institutional investors own 77.12% of the company's stock.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 90 shares of the business's stock in a transaction dated 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 completion of the sale, the director now owns 632 shares of the company's stock, valued at $1,176,430.08. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.66% of the company's stock.

Markel Group Stock Down 0.9%

Shares of NYSE:MKL traded down $16.54 on Friday, reaching $1,928.28. The company had a trading volume of 25,409 shares, compared to its average volume of 51,765. Markel Group Inc. has a twelve month low of $1,491.03 and a twelve month high of $2,063.68. The stock has a 50-day moving average price of $1,859.93 and a 200 day moving average price of $1,825.96. The stock has a market capitalization of $24.46 billion, a P/E ratio of 9.69 and a beta of 0.85. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26.

Analyst Upgrades and Downgrades

Separately, Argus raised Markel Group from a "hold" rating to a "buy" rating in a research report on Friday, May 30th. One research 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. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $1,727.75.

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.