Hills Bank & Trust Co Sells 244 Shares of Markel Group Inc. (NYSE:MKL)

Hills Bank & Trust Co reduced its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 33.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 488 shares of the insurance provider's stock after selling 244 shares during the period. Hills Bank & Trust Co's holdings in Markel Group were worth $912,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. SBI Securities Co. Ltd. bought a new position in shares of Markel Group during the 4th quarter worth approximately $36,000. ST Germain D J Co. Inc. grew its stake in shares of Markel Group by 300.0% in the first quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider's stock valued at $37,000 after buying an additional 15 shares in the last quarter. McIlrath & Eck LLC grew its stake in shares of Markel Group by 866.7% in the fourth quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock valued at $50,000 after buying an additional 26 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Markel Group by 23.1% in the fourth quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock valued at $55,000 after buying an additional 6 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Markel Group by 140.0% in the fourth quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock valued at $62,000 after buying an additional 21 shares in the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Markel Group Stock Performance

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. 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 business has a 50-day moving average price of $1,900.54 and a two-hundred day moving average price of $1,840.36. Markel Group Inc. has a one year low of $1,491.03 and a one year high of $2,063.68. The firm has a market capitalization of $25.18 billion, a price-to-earnings ratio of 14.63 and a beta of 0.85.

Insiders Place Their Bets

In other Markel Group news, Director Greta J. Harris sold 90 shares of Markel Group stock in a transaction 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 completion of the transaction, the director now directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.66% of the company's stock.

Analyst Ratings Changes

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