Hills Bank & Trust Co Has $912,000 Position in Markel Group Inc. (NYSE:MKL)

Hills Bank & Trust Co decreased its stake in Markel Group Inc. (NYSE:MKL - Free Report) by 33.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 488 shares of the insurance provider's stock after selling 244 shares during the quarter. Hills Bank & Trust Co's holdings in Markel Group were worth $912,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Private Trust Co. NA raised 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 acquiring an additional 6 shares during the last quarter. Wellington Shields & Co. LLC increased its holdings in Markel Group by 4.3% during the 4th quarter. Wellington Shields & Co. LLC now owns 145 shares of the insurance provider's stock valued at $250,000 after purchasing an additional 6 shares in the last quarter. GAMMA Investing LLC raised its position in Markel Group by 12.7% in the 1st quarter. GAMMA Investing LLC now owns 62 shares of the insurance provider's stock valued at $116,000 after purchasing an additional 7 shares during the last quarter. Kensington Investment Counsel LLC boosted its stake in Markel Group by 0.7% in the fourth quarter. Kensington Investment Counsel LLC now owns 1,223 shares of the insurance provider's stock worth $2,111,000 after purchasing an additional 8 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC grew its holdings in shares of Markel Group by 3.4% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 242 shares of the insurance provider's stock worth $418,000 after purchasing an additional 8 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

Insider Transactions at Markel Group

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

Wall Street Analyst Weigh In

Separately, Argus raised Markel Group from a "hold" rating to a "buy" rating in a 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 stock. Based on data from MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus target price of $1,727.75.

Markel Group Trading Down 1.7%

NYSE:MKL traded down $33.94 during trading hours on Wednesday, hitting $1,960.27. 49,781 shares of the stock were exchanged, compared to its average volume of 51,574. The company has a market capitalization of $24.88 billion, a P/E ratio of 14.45 and a beta of 0.84. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.26. The company's 50 day moving average is $1,910.17 and its two-hundred day moving average is $1,843.91. Markel Group Inc. has a twelve month low of $1,491.03 and a twelve month high of $2,063.68.

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.