Public Employees Retirement System of Ohio Has $7.51 Million Holdings in Markel Group Inc. (NYSE:MKL)

Public Employees Retirement System of Ohio trimmed its position in Markel Group Inc. (NYSE:MKL - Free Report) by 6.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,352 shares of the insurance provider's stock after selling 311 shares during the period. Public Employees Retirement System of Ohio's holdings in Markel Group were worth $7,513,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in shares of Markel Group in the 4th quarter valued at $810,000. Brighton Jones LLC acquired a new stake in Markel Group during the 4th quarter worth $236,000. Flagship Harbor Advisors LLC acquired a new stake in Markel Group during the 4th quarter worth $221,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in Markel Group by 41.3% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 253 shares of the insurance provider's stock worth $437,000 after buying an additional 74 shares during the period. Finally, Blue Trust Inc. raised its stake in Markel Group by 22.6% during the 4th quarter. Blue Trust Inc. now owns 239 shares of the insurance provider's stock worth $413,000 after buying an additional 44 shares during the period. 77.12% of the stock is currently owned by institutional investors.

Insider Transactions at Markel Group

In other news, Director Greta J. Harris sold 90 shares of the business's 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 completion of the sale, the director now owns 632 shares in the company, valued at $1,176,430.08. The trade was a 12.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.66% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on MKL. Argus raised Markel Group from a "hold" rating to a "buy" rating in a research note on Friday. Royal Bank of Canada raised their price objective on Markel Group from $1,750.00 to $2,025.00 and gave the stock a "sector perform" rating in a research note on Friday, February 7th. Finally, Wall Street Zen downgraded Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $1,727.75.

Markel Group Stock Up 1.5%

MKL stock traded up $28.84 during trading hours on Friday, reaching $1,938.20. 221,539 shares of the stock were exchanged, compared to its average volume of 51,052. The company has a market cap of $24.59 billion, a price-to-earnings ratio of 9.74 and a beta of 0.84. The firm's 50-day moving average is $1,833.42 and its 200-day moving average is $1,811.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. Markel Group Inc. has a 12 month low of $1,491.03 and a 12 month high of $2,063.68.

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.