Markel Group Inc. (NYSE:MKL) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 43.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 906 shares of the insurance provider's stock after acquiring an additional 276 shares during the period. Quantinno Capital Management LP's holdings in Markel Group were worth $1,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Markel Group in the fourth quarter worth about $254,795,000. Proficio Capital Partners LLC acquired a new position in Markel Group in the 4th quarter worth about $169,852,000. Davis Selected Advisers boosted its position in Markel Group by 27.9% during the fourth quarter. Davis Selected Advisers now owns 370,522 shares of the insurance provider's stock worth $639,606,000 after purchasing an additional 80,922 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Markel Group during the fourth quarter worth approximately $98,743,000. Finally, Boston Partners increased its position in shares of Markel Group by 17.6% in the fourth quarter. Boston Partners now owns 281,820 shares of the insurance provider's stock valued at $486,580,000 after buying an additional 42,178 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Markel Group Price Performance

Shares of MKL traded down $12.66 during trading hours on Wednesday, hitting $1,895.42. 7,569 shares of the stock were exchanged, compared to its average volume of 49,958. The stock's 50-day moving average price is $1,829.82 and its two-hundred day moving average price is $1,805.65. Markel Group Inc. has a 12-month low of $1,491.03 and a 12-month high of $2,063.68. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market cap of $24.04 billion, a price-to-earnings ratio of 9.53 and a beta of 0.84.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MKL shares. Wall Street Zen lowered Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Royal Bank of Canada increased their price objective 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. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $1,727.75.

Insider Buying and Selling at Markel Group

In other news, Director Greta J. Harris sold 90 shares of the company'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 value of $167,529.60. Following the completion of the sale, the director now directly owns 632 shares in the company, 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 Securities & Exchange Commission, which is available at this link. 1.66% of the stock is owned by insiders.

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.