Two Sigma Advisers LP Has $224,000 Position in Markel Group Inc. (NYSE:MKL)

Two Sigma Advisers LP decreased its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 79.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 130 shares of the insurance provider's stock after selling 500 shares during the period. Two Sigma Advisers LP's holdings in Markel Group were worth $224,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Quilter Plc increased its holdings in Markel Group by 7.2% in the fourth quarter. Quilter Plc now owns 33,139 shares of the insurance provider's stock valued at $57,206,000 after buying an additional 2,234 shares during the last quarter. Royal Bank of Canada grew its position in shares of Markel Group by 14.5% in the 4th quarter. Royal Bank of Canada now owns 49,144 shares of the insurance provider's stock worth $84,833,000 after acquiring an additional 6,241 shares in the last quarter. WCM Investment Management LLC bought a new stake in shares of Markel Group in the 4th quarter valued at approximately $252,000. Korea Investment CORP increased its holdings in shares of Markel Group by 1.9% in the 4th quarter. Korea Investment CORP now owns 8,247 shares of the insurance provider's stock valued at $14,236,000 after acquiring an additional 155 shares during the last quarter. Finally, Hudson Value Partners LLC raised its position in shares of Markel Group by 4.8% during the 4th quarter. Hudson Value Partners LLC now owns 3,339 shares of the insurance provider's stock valued at $5,764,000 after acquiring an additional 153 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Markel Group Stock Down 0.8%

Shares of MKL traded down $16.27 during mid-day trading on Tuesday, reaching $1,927.31. The company's stock had a trading volume of 39,468 shares, compared to its average volume of 51,649. The company has a market cap of $24.45 billion, a price-to-earnings ratio of 9.68 and a beta of 0.85. The business has a fifty day moving average of $1,843.34 and a 200 day moving average of $1,821.91. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. Markel Group Inc. has a 1 year low of $1,491.03 and a 1 year high of $2,063.68.

Insiders Place Their Bets

In related news, Director Greta J. Harris sold 90 shares of the firm's stock in a transaction dated 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 transaction, the director now owns 632 shares in the company, valued at $1,176,430.08. This trade represents a 12.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on MKL shares. Wall Street Zen cut shares of Markel Group from a "buy" rating to a "hold" rating in a report on Friday, February 14th. Argus upgraded Markel Group from a "hold" rating to a "buy" rating in a research note on Friday, May 30th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target 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.