Janus Henderson Group PLC Purchases 2,237 Shares of Markel Group Inc. (NYSE:MKL)

Janus Henderson Group PLC boosted its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 16.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,191 shares of the insurance provider's stock after acquiring an additional 2,237 shares during the period. Janus Henderson Group PLC owned approximately 0.13% of Markel Group worth $28,008,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MKL. SBI Securities Co. Ltd. bought a new stake in shares of Markel Group in the 4th quarter valued at approximately $36,000. FPC Investment Advisory Inc. bought a new stake in shares of Markel Group in the 4th quarter valued at approximately $37,000. Global Trust Asset Management LLC acquired a new position in shares of Markel Group in the 4th quarter worth approximately $41,000. Private Trust Co. NA boosted its holdings in shares of Markel Group by 23.1% in the 4th quarter. Private Trust Co. NA now owns 32 shares of the insurance provider's stock worth $55,000 after acquiring an additional 6 shares in the last quarter. Finally, Assetmark Inc. boosted 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 acquiring an additional 21 shares in the last quarter. 77.12% of the stock is currently owned by institutional investors.

Insider Activity at Markel Group

In related news, Director Steven A. Markel sold 88 shares of Markel Group stock in a transaction dated 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 in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have sold 2,034 shares of company stock valued at $3,778,952. 1.66% of the stock is owned by insiders.

Markel Group Stock Down 1.1%

MKL stock traded down $20.27 during trading hours on Tuesday, reaching $1,898.22. 6,969 shares of the stock were exchanged, compared to its average volume of 49,616. The company has a market cap of $24.08 billion, a price-to-earnings ratio of 9.54 and a beta of 0.84. The firm's 50-day moving average is $1,826.33 and its 200-day moving average is $1,795.86. 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 12 month low of $1,491.03 and a 12 month high of $2,063.68.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Royal Bank of Canada upped their price objective on 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. 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 given a hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $1,727.75.

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.