Victrix Investment Advisors Takes Position in Markel Group Inc. (NYSE:MKL)

Victrix Investment Advisors acquired a new position in Markel Group Inc. (NYSE:MKL - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 352 shares of the insurance provider's stock, valued at approximately $608,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Quilter Plc increased its holdings in shares of Markel Group by 7.2% in the 4th quarter. Quilter Plc now owns 33,139 shares of the insurance provider's stock valued at $57,206,000 after purchasing an additional 2,234 shares in the last quarter. WCM Investment Management LLC acquired a new position in Markel Group during the fourth quarter worth about $252,000. Korea Investment CORP increased its holdings in Markel Group by 1.9% in the fourth quarter. Korea Investment CORP now owns 8,247 shares of the insurance provider's stock valued at $14,236,000 after buying an additional 155 shares in the last quarter. Hudson Value Partners LLC lifted 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 during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Markel Group by 4.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 57,922 shares of the insurance provider's stock worth $99,987,000 after acquiring an additional 2,204 shares in the last quarter. Institutional investors and hedge funds own 77.12% of the company's stock.

Markel Group Price Performance

Shares of MKL stock traded down $0.77 during trading hours on Friday, hitting $1,858.49. The company's stock had a trading volume of 39,950 shares, compared to its average volume of 50,051. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.26. The business has a fifty day moving average of $1,828.48 and a 200-day moving average of $1,801.24. Markel Group Inc. has a twelve month low of $1,491.03 and a twelve month high of $2,063.68. The stock has a market cap of $23.57 billion, a price-to-earnings ratio of 9.34 and a beta of 0.84.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Wall Street Zen downgraded Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada upped their target price on 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 assigned a hold rating to the company. According to data from MarketBeat.com, Markel Group currently has a consensus rating of "Hold" and a consensus price target of $1,727.75.

Insider Activity at Markel Group

In other Markel Group news, Director Steven A. Markel sold 88 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $1,860.03, for a total transaction of $163,682.64. Following the completion of the transaction, the director now owns 63,436 shares of the company's stock, valued at approximately $117,992,863.08. This trade represents a 0.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.66% of the stock is owned by corporate insiders.

Markel Group 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.