Markel Group Inc. (NYSE:MKL) Holdings Lifted by Regency Capital Management Inc. DE

Regency Capital Management Inc. DE lifted its position in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 69.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,710 shares of the insurance provider's stock after buying an additional 2,343 shares during the quarter. Markel Group makes up 5.2% of Regency Capital Management Inc. DE's investment portfolio, making the stock its 4th largest position. Regency Capital Management Inc. DE's holdings in Markel Group were worth $8,108,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MKL. Asset Dedication LLC grew its holdings in Markel Group by 72.7% in the 2nd quarter. Asset Dedication LLC now owns 19 shares of the insurance provider's stock valued at $26,000 after buying an additional 8 shares during the period. Ritter Daniher Financial Advisory LLC DE increased its position in Markel Group by 150.0% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 20 shares of the insurance provider's stock worth $29,000 after purchasing an additional 12 shares during the last quarter. Blue Trust Inc. raised its stake in Markel Group by 133.3% during the fourth quarter. Blue Trust Inc. now owns 21 shares of the insurance provider's stock worth $31,000 after purchasing an additional 12 shares during the period. Point72 Asset Management L.P. acquired a new position in shares of Markel Group in the 2nd quarter valued at $39,000. Finally, Achmea Investment Management B.V. purchased a new stake in shares of Markel Group during the 1st quarter valued at $41,000. Hedge funds and other institutional investors own 77.12% of the company's stock.

Markel Group Stock Performance

Shares of NYSE MKL traded down $6.23 during midday trading on Wednesday, hitting $1,496.23. The company's stock had a trading volume of 25,448 shares, compared to its average volume of 50,318. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.62 and a current ratio of 0.62. Markel Group Inc. has a 1-year low of $1,272.43 and a 1-year high of $1,560.00. The firm's fifty day moving average price is $1,479.76 and its 200-day moving average price is $1,448.61. The firm has a market cap of $19.62 billion, a P/E ratio of 10.18 and a beta of 0.70.

Markel Group (NYSE:MKL - Get Free Report) last announced its quarterly earnings results on Wednesday, January 31st. The insurance provider reported $56.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $23.58 by $32.90. The business had revenue of $3.71 billion for the quarter, compared to the consensus estimate of $3.75 billion. Markel Group had a return on equity of 11.22% and a net margin of 12.63%. On average, sell-side analysts forecast that Markel Group Inc. will post 82.15 EPS for the current fiscal year.

Insider Buying and Selling at Markel Group

In related news, CEO Thomas Sinnickson Gayner purchased 100 shares of the company's stock in a transaction on Friday, February 2nd. The shares were bought at an average cost of $1,414.74 per share, for a total transaction of $141,474.00. Following the transaction, the chief executive officer now owns 45,039 shares of the company's stock, valued at $63,718,474.86. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CEO Thomas Sinnickson Gayner bought 100 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were purchased at an average cost of $1,414.74 per share, with a total value of $141,474.00. Following the completion of the acquisition, the chief executive officer now directly owns 45,039 shares in the company, valued at $63,718,474.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director A. Lynne Puckett acquired 72 shares of the stock in a transaction dated Friday, February 2nd. The stock was acquired at an average cost of $1,409.28 per share, for a total transaction of $101,468.16. Following the purchase, the director now directly owns 960 shares in the company, valued at $1,352,908.80. The disclosure for this purchase can be found here. 1.75% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

MKL has been the subject of a number of research reports. Royal Bank of Canada reiterated a "sector perform" rating and set a $1,475.00 target price on shares of Markel Group in a report on Friday, February 2nd. Jefferies Financial Group cut shares of Markel Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $1,680.00 to $1,500.00 in a research report on Monday, February 5th. Finally, Janney Montgomery Scott restated a "neutral" rating and set a $1,600.00 price objective on shares of Markel Group in a research note on Friday, March 15th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $1,450.00.

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.

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