Moloney Securities Asset Management LLC Invests $267,000 in Markel Group Inc. (NYSE:MKL)

Moloney Securities Asset Management LLC bought a new stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 143 shares of the insurance provider's stock, valued at approximately $267,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sierra Ocean LLC bought a new position in Markel Group in the 1st quarter valued at about $28,000. ST Germain D J Co. Inc. boosted its stake in shares of Markel Group by 300.0% during 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 during the last quarter. McIlrath & Eck LLC increased its holdings in Markel Group by 866.7% in the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock valued at $50,000 after acquiring an additional 26 shares during the last quarter. Wayfinding Financial LLC purchased a new stake in Markel Group in the 1st quarter valued at about $54,000. Finally, Assetmark Inc. increased its stake in Markel Group by 140.0% during the 4th quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock valued at $62,000 after purchasing an additional 21 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Greta J. Harris sold 90 shares of the stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $1,861.44, for a total value of $167,529.60. Following the completion of the transaction, the director owned 632 shares of the company's stock, valued at $1,176,430.08. This represents a 12.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.66% of the company's stock.

Markel Group Price Performance

NYSE:MKL traded down $30.71 during trading hours on Tuesday, hitting $1,978.27. 30,384 shares of the stock were exchanged, compared to its average volume of 51,540. 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 market cap of $25.09 billion, a P/E ratio of 14.58 and a beta of 0.84. The firm's fifty day moving average price is $1,936.99 and its 200 day moving average price is $1,859.35. The company has a current ratio of 0.62, a quick ratio of 0.62 and a debt-to-equity ratio of 0.26.

Analyst Ratings Changes

Separately, Argus raised shares of Markel Group from a "hold" rating to a "buy" rating in a report on Friday, May 30th. One 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. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $1,727.75.

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.