KBC Group NV Acquires 185 Shares of Markel Group Inc. (NYSE:MKL)

KBC Group NV lifted its holdings in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 10.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,982 shares of the insurance provider's stock after purchasing an additional 185 shares during the period. KBC Group NV's holdings in Markel Group were worth $3,705,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of MKL. SBI Securities Co. Ltd. purchased a new stake in shares of Markel Group during the fourth quarter worth about $36,000. ST Germain D J Co. Inc. lifted its holdings in Markel Group by 300.0% in the 1st quarter. ST Germain D J Co. Inc. now owns 20 shares of the insurance provider's stock worth $37,000 after buying an additional 15 shares during the period. McIlrath & Eck LLC grew its position in shares of 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 buying an additional 26 shares during the last quarter. Private Trust Co. NA increased its stake in shares of Markel Group by 23.1% during 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 during the period. Finally, Assetmark Inc. lifted its stake in Markel Group by 140.0% in the fourth quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock worth $62,000 after acquiring an additional 21 shares during the period. 77.12% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Markel Group

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 transaction, the director owned 632 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Company insiders own 1.66% of the company's stock.

Markel Group Stock Up 1.8%

Shares of Markel Group stock traded up $35.47 during trading on Thursday, hitting $1,997.21. The company's stock had a trading volume of 38,078 shares, compared to its average volume of 51,573. Markel Group Inc. has a 52 week low of $1,491.03 and a 52 week high of $2,063.68. The company has a market capitalization of $25.34 billion, a PE ratio of 14.72 and a beta of 0.84. The company has a fifty day simple moving average of $1,913.44 and a two-hundred day simple moving average of $1,844.71. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.62 and a current ratio of 0.62.

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 equities 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's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $1,727.75.

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.