Markel Group Inc. $MKL Shares Sold by Roundview Capital LLC

Key Points

• Roundview Capital LLC decreased its position in Markel Group Inc. by 28.7% during the second quarter, now holding 3,141 shares worth $6.27 million.
• Markel Group recently reported a 24.3% year-over-year increase in quarterly revenue, amounting to $4.82 billion, with an EPS of $25.46, exceeding estimates.
• The company's stock has a current market cap of $24.79 billion, with a 52-week range between $1,521.25 and $2,075.92.

Roundview Capital LLC decreased its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 28.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,141 shares of the insurance provider's stock after selling 1,267 shares during the quarter. Roundview Capital LLC's holdings in Markel Group were worth $6,274,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Markel Group by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 1,158,510 shares of the insurance provider's stock worth $2,165,962,000 after buying an additional 7,914 shares during the period. Davis Selected Advisers increased its stake in shares of Markel Group by 0.3% in the first quarter. Davis Selected Advisers now owns 371,469 shares of the insurance provider's stock worth $694,502,000 after acquiring an additional 947 shares during the period. DAVENPORT & Co LLC raised its holdings in shares of Markel Group by 0.7% during the second quarter. DAVENPORT & Co LLC now owns 204,702 shares of the insurance provider's stock worth $408,364,000 after purchasing an additional 1,383 shares during the last quarter. Select Equity Group L.P. acquired a new position in Markel Group during the first quarter valued at $357,512,000. Finally, Van Lanschot Kempen Investment Management N.V. boosted its holdings in Markel Group by 20.1% in the first quarter. Van Lanschot Kempen Investment Management N.V. now owns 146,076 shares of the insurance provider's stock valued at $273,105,000 after purchasing an additional 24,487 shares during the last quarter. Hedge funds and other institutional investors own 77.12% of the company's stock.

Markel Group Stock Up 1.0%

Shares of NYSE MKL opened at $1,959.98 on Tuesday. The firm has a market cap of $24.79 billion, a price-to-earnings ratio of 11.75 and a beta of 0.78. The company's 50-day simple moving average is $1,942.03 and its 200-day simple moving average is $1,913.53. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 0.25. Markel Group Inc. has a 52-week low of $1,521.25 and a 52-week high of $2,075.92.

Markel Group (NYSE:MKL - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The insurance provider reported $25.46 EPS for the quarter, topping the consensus estimate of $24.74 by $0.72. The company had revenue of $4.82 billion during the quarter, compared to analyst estimates of $3.96 billion. Markel Group had a return on equity of 7.18% and a net margin of 13.39%.Markel Group's quarterly revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the business earned $18.62 EPS. Equities analysts predict that Markel Group Inc. will post 96.25 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a "buy (b)" rating on shares of Markel Group in a report on Saturday, September 27th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, Markel Group presently has a consensus rating of "Hold" and an average target price of $1,820.33.

Markel Group Company 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.

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