Markel Group Inc. (NYSE:MKL) Holdings Lifted by CenterBook Partners LP

CenterBook Partners LP boosted its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 409.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,393 shares of the insurance provider's stock after buying an additional 3,530 shares during the quarter. CenterBook Partners LP's holdings in Markel Group were worth $8,213,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Sierra Ocean LLC purchased a new stake in Markel Group in the 1st quarter worth about $28,000. Cary Street Partners Investment Advisory LLC lifted its stake in Markel Group by 183.3% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 17 shares of the insurance provider's stock worth $32,000 after acquiring an additional 11 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake 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 acquiring an additional 15 shares in the last quarter. McIlrath & Eck LLC raised its stake in shares of Markel Group by 866.7% during the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock worth $50,000 after purchasing an additional 26 shares in the last quarter. Finally, Wayfinding Financial LLC purchased a new stake in shares of Markel Group during the 1st quarter worth about $54,000. Institutional investors own 77.12% of the company's stock.

Insider Buying and Selling 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 stock was sold at an average price of $1,861.44, for a total transaction of $167,529.60. Following the sale, the director owned 632 shares of the company's stock, valued at approximately $1,176,430.08. This trade represents a 12.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.66% of the company's stock.

Markel Group Stock Performance

Shares of NYSE MKL opened at $1,992.48 on Tuesday. 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 business's 50 day moving average is $1,936.99 and its two-hundred day moving average is $1,859.35. The company has a market cap of $25.27 billion, a P/E ratio of 14.77 and a beta of 0.84. Markel Group Inc. has a 12 month low of $1,491.03 and a 12 month high of $2,063.68.

Analyst Upgrades and Downgrades

Separately, Argus raised Markel Group from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, Markel Group presently has a consensus rating of "Hold" and a consensus price target of $1,727.75.

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.

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