Luma Capital S.A. SPF Purchases New Stake in Markel Group Inc. $MKL

Key Points

• Luma Capital S.A. SPF bought 7,032 shares of Markel Group in Q4 (≈$15.12M), making MKL its 3rd-largest holding at roughly 14.2% of the fund and representing about 0.06% of Markel’s shares.
• Analysts show mixed views but a consensus "Hold" rating with a $2,100 target, following recent moves including Truist raising its target to $2,100 and Wall Street Zen upgrading to Buy.
• Markel trades near $1,923 with a 52-week range of $1,698.99–$2,207.59, a market cap of $24.14B and a PE of 11.33, while institutional investors own about 77.1% of the stock.

Luma Capital S.A. SPF bought a new position in Markel Group Inc. (NYSE:MKL - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,032 shares of the insurance provider's stock, valued at approximately $15,116,000. Markel Group comprises approximately 14.2% of Luma Capital S.A. SPF's portfolio, making the stock its 3rd largest position. Luma Capital S.A. SPF owned about 0.06% of Markel Group at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC bought a new stake in shares of Markel Group in the 4th quarter worth approximately $32,000. Measured Wealth Private Client Group LLC acquired a new position in Markel Group during the 3rd quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Markel Group by 183.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17 shares of the insurance provider's stock valued at $37,000 after purchasing an additional 11 shares during the period. GoalVest Advisory LLC acquired a new position in Markel Group during the 3rd quarter valued at approximately $38,000. Finally, Kelleher Financial Advisors acquired a new position in Markel Group during the 3rd quarter valued at approximately $38,000. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have weighed in on MKL. Truist Financial lifted their target price on Markel Group from $2,000.00 to $2,100.00 and gave the company a "hold" rating in a research note on Friday, February 6th. Zacks Research downgraded Markel Group from a "strong-buy" rating to a "hold" rating in a research note on Monday, January 19th. Wall Street Zen raised Markel Group from a "hold" rating to a "buy" rating in a research note on Saturday, March 14th. Weiss Ratings reaffirmed a "buy (b+)" rating on shares of Markel Group in a research note on Friday, March 27th. Finally, Brean Capital began coverage on Markel Group in a research note on Tuesday, March 24th. They set a "neutral" rating and a $2,100.00 target price on the stock. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $2,100.00.

Insider Activity at Markel Group

In related news, CEO Simon Wilson sold 100 shares of the business's stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $2,079.48, for a total transaction of $207,948.00. Following the transaction, the chief executive officer directly owned 2,397 shares of the company's stock, valued at approximately $4,984,513.56. The trade was a 4.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.66% of the company's stock.

Markel Group Trading Down 1.7%

Shares of NYSE MKL opened at $1,923.49 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.23. Markel Group Inc. has a one year low of $1,698.99 and a one year high of $2,207.59. The business has a 50-day moving average price of $1,990.82 and a two-hundred day moving average price of $2,019.75. The firm has a market capitalization of $24.14 billion, a PE ratio of 11.33 and a beta of 0.79.

Markel Group Profile

Markel Group NYSE: MKL is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.

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