Markel Group Inc. (NYSE:MKL) Shares Acquired by Voloridge Investment Management LLC

Voloridge Investment Management LLC increased its holdings in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 81.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,079 shares of the insurance provider's stock after buying an additional 3,624 shares during the period. Voloridge Investment Management LLC owned about 0.06% of Markel Group worth $13,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Worldquant Millennium Advisors LLC increased its stake in shares of Markel Group by 3.4% during the fourth quarter. Worldquant Millennium Advisors LLC now owns 242 shares of the insurance provider's stock worth $418,000 after buying an additional 8 shares during the period. Waverly Advisors LLC boosted its holdings in shares of Markel Group by 7.3% in the fourth quarter. Waverly Advisors LLC now owns 559 shares of the insurance provider's stock valued at $965,000 after acquiring an additional 38 shares during the period. Victrix Investment Advisors acquired a new stake in shares of Markel Group in the fourth quarter valued at approximately $608,000. Squarepoint Ops LLC boosted its holdings in shares of Markel Group by 96.9% in the fourth quarter. Squarepoint Ops LLC now owns 7,198 shares of the insurance provider's stock valued at $12,425,000 after acquiring an additional 3,542 shares during the period. Finally, Toronto Dominion Bank lifted its holdings in shares of Markel Group by 4.5% during the fourth quarter. Toronto Dominion Bank now owns 1,732 shares of the insurance provider's stock worth $2,990,000 after purchasing an additional 75 shares during the period. Hedge funds and other institutional investors own 77.12% of the company's stock.

Analysts Set New Price Targets

Several research analysts have issued reports on MKL shares. Wall Street Zen cut 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 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. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat.com, Markel Group presently has an average rating of "Hold" and a consensus price target of $1,727.75.

Insiders Place Their Bets

In other news, Director Greta J. Harris sold 90 shares of Markel Group 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 directly owns 632 shares of the company's stock, valued at $1,176,430.08. The trade was a 12.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.66% of the stock is owned by corporate insiders.

Markel Group Trading Down 0.1%

NYSE:MKL traded down $1.99 during mid-day trading on Thursday, reaching $1,897.33. The company's stock had a trading volume of 11,286 shares, compared to its average volume of 50,047. The company's fifty day simple moving average is $1,831.12 and its two-hundred day simple moving average is $1,806.29. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.60 and a quick ratio of 0.60. 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 $24.07 billion, a P/E ratio of 9.53 and a beta of 0.84.

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.