Markel Group Inc. (NYSE:MKL) is Poehling Capital Management INC.'s 3rd Largest Position

Poehling Capital Management INC. lifted its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 1.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,852 shares of the insurance provider's stock after purchasing an additional 237 shares during the quarter. Markel Group comprises 5.4% of Poehling Capital Management INC.'s investment portfolio, making the stock its 3rd biggest holding. Poehling Capital Management INC. owned about 0.10% of Markel Group worth $22,186,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in MKL. Private Trust Co. NA lifted its position in Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock valued at $55,000 after acquiring an additional 6 shares in the last quarter. Wellington Shields & Co. LLC increased its stake in shares of Markel Group by 4.3% during the 4th quarter. Wellington Shields & Co. LLC now owns 145 shares of the insurance provider's stock worth $250,000 after purchasing an additional 6 shares during the last quarter. Gilbert & Cook Inc. increased its stake in shares of Markel Group by 1.7% during the 4th quarter. Gilbert & Cook Inc. now owns 428 shares of the insurance provider's stock worth $739,000 after purchasing an additional 7 shares during the last quarter. Greenleaf Trust increased its stake in shares of Markel Group by 3.4% during the 4th quarter. Greenleaf Trust now owns 213 shares of the insurance provider's stock worth $368,000 after purchasing an additional 7 shares during the last quarter. Finally, Concurrent Investment Advisors LLC increased its stake in shares of Markel Group by 1.5% during the 4th quarter. Concurrent Investment Advisors LLC now owns 469 shares of the insurance provider's stock worth $810,000 after purchasing an additional 7 shares during the last quarter. Institutional investors own 77.12% of the company's stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada raised their price target on shares of Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $1,727.75.

Insiders Place Their Bets

In related news, Director Steven A. Markel sold 88 shares of the business's stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $1,860.03, for a total transaction of $163,682.64. Following the transaction, the director now owns 63,436 shares in the company, valued at $117,992,863.08. The trade was a 0.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.66% of the stock is currently owned by insiders.

Markel Group Price Performance

Shares of NYSE MKL traded up $39.45 during mid-day trading on Tuesday, reaching $1,899.90. 12,787 shares of the company were exchanged, compared to its average volume of 49,996. 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 quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $24.10 billion, a PE ratio of 9.54 and a beta of 0.84. The company's 50 day moving average price is $1,828.61 and its 200 day moving average price is $1,804.94.

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.