Markel Group Inc. (NYSE:MKL) Shares Purchased by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,248 shares of the insurance provider's stock after purchasing an additional 196 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Markel Group were worth $7,332,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. bought a new stake in shares of Markel Group during the 4th quarter valued at about $36,000. FPC Investment Advisory Inc. bought a new position in shares of Markel Group during the fourth quarter valued at approximately $37,000. McIlrath & Eck LLC raised its position in shares of Markel Group by 866.7% during the 4th quarter. McIlrath & Eck LLC now owns 29 shares of the insurance provider's stock worth $50,000 after purchasing an additional 26 shares during the period. Private Trust Co. NA raised its position in shares of Markel Group by 23.1% during the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock worth $55,000 after purchasing an additional 6 shares during the period. Finally, Assetmark Inc. lifted its holdings in shares of Markel Group by 140.0% in the 4th quarter. Assetmark Inc. now owns 36 shares of the insurance provider's stock worth $62,000 after purchasing an additional 21 shares during the last quarter. 77.12% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

MKL has been the subject of a number of recent research reports. Argus upgraded Markel Group from a "hold" rating to a "buy" rating in a research note on Friday. Wall Street Zen lowered shares of Markel Group from a "buy" rating to a "hold" rating in a research report on Friday, February 14th. Finally, Royal Bank of Canada increased their price objective on shares of Markel Group from $1,750.00 to $2,025.00 and gave the stock a "sector perform" rating in a report on Friday, February 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $1,727.75.

Markel Group Stock Performance

Markel Group stock traded down $0.61 during mid-day trading on Tuesday, hitting $1,958.85. 53,700 shares of the company's stock traded hands, compared to its average volume of 51,126. 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 one year low of $1,491.03 and a one year high of $2,063.68. The firm has a 50 day moving average price of $1,835.25 and a 200 day moving average price of $1,813.55. The company has a market cap of $24.85 billion, a PE ratio of 9.84 and a beta of 0.84.

Insiders Place Their Bets

In related 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 transaction 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.66% of the stock is currently 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.