Markel Group Inc. $MKL Stock Position Boosted by Hudson Value Partners LLC

Key Points

• Hudson Value Partners LLC increased its stake in Markel Group Inc. by 5.7% during the second quarter, acquiring a total of 3,476 shares now valued at approximately $6.94 million.
• Markel Group reported a 24.3% year-over-year increase in quarterly revenue, amounting to $4.82 billion, and exceeded EPS estimates by $0.72 with earnings of $25.46 per share.
• As of now, 77.12% of Markel Group's stock is owned by hedge funds and institutional investors, indicating strong institutional interest in the company.

Hudson Value Partners LLC lifted its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 5.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,476 shares of the insurance provider's stock after acquiring an additional 188 shares during the quarter. Markel Group makes up approximately 2.4% of Hudson Value Partners LLC's holdings, making the stock its 9th biggest holding. Hudson Value Partners LLC's holdings in Markel Group were worth $6,943,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Trust Co. of Vermont increased its position in shares of Markel Group by 18.9% during the second quarter. Trust Co. of Vermont now owns 731 shares of the insurance provider's stock worth $1,460,000 after acquiring an additional 116 shares during the period. Magnolia Private Wealth LLC purchased a new position in shares of Markel Group during the second quarter worth approximately $547,000. Sound Income Strategies LLC purchased a new position in shares of Markel Group during the second quarter worth approximately $154,000. Smith Salley Wealth Management increased its position in shares of Markel Group by 1.8% during the second quarter. Smith Salley Wealth Management now owns 9,343 shares of the insurance provider's stock worth $18,661,000 after acquiring an additional 165 shares during the period. Finally, Hengehold Capital Management LLC increased its position in shares of Markel Group by 26.4% during the second quarter. Hengehold Capital Management LLC now owns 383 shares of the insurance provider's stock worth $765,000 after acquiring an additional 80 shares during the period. 77.12% of the stock is owned by hedge funds and other institutional investors.

Markel Group Price Performance

NYSE MKL opened at $1,886.29 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.59 and a current ratio of 0.59. The firm's 50 day moving average price is $1,946.30 and its 200-day moving average price is $1,910.66. Markel Group Inc. has a 52-week low of $1,521.25 and a 52-week high of $2,075.92. The company has a market cap of $23.86 billion, a PE ratio of 11.31 and a beta of 0.78.

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

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.

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