Victrix Investment Advisors Makes New Investment in Markel Group Inc. (NYSE:MKL)

Victrix Investment Advisors bought a new stake in Markel Group Inc. (NYSE:MKL - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 352 shares of the insurance provider's stock, valued at approximately $608,000.

Other large investors also recently made changes to their positions in the company. SBI Securities Co. Ltd. acquired a new stake in shares of Markel Group in the 4th quarter valued at about $36,000. FPC Investment Advisory Inc. acquired a new stake in shares of Markel Group in the 4th quarter valued at about $37,000. Global Trust Asset Management LLC acquired a new position in Markel Group during the 4th quarter valued at about $41,000. Private Trust Co. NA boosted its stake in Markel Group by 23.1% during the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock valued at $55,000 after purchasing an additional 6 shares during the last quarter. Finally, Assetmark Inc. boosted 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 during the last quarter. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Markel Group news, Director Steven A. Markel sold 88 shares of Markel Group stock in a transaction that occurred on 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 of the company's stock, valued at $117,992,863.08. This trade represents a 0.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 2,034 shares of company stock valued at $3,778,952 in the last 90 days. 1.66% of the stock is currently owned by corporate insiders.

Markel Group Stock Performance

Shares of Markel Group stock traded down $34.11 during mid-day trading on Wednesday, hitting $1,864.65. 58,731 shares of the stock were exchanged, compared to its average volume of 49,964. 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 50-day simple moving average of $1,828.22 and a 200 day simple moving average of $1,797.05. 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 capitalization of $23.65 billion, a P/E ratio of 9.37 and a beta of 0.84.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on MKL shares. Royal Bank of Canada lifted their price target on Markel Group from $1,750.00 to $2,025.00 and gave the company a "sector perform" rating in a research note on Friday, February 7th. StockNews.com 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 and four have assigned a hold rating to the company. Based on data from MarketBeat.com, Markel Group presently has a consensus rating of "Hold" and an average 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.