Seizert Capital Partners LLC Sells 2,955 Shares of Markel Group Inc. (NYSE:MKL)

Seizert Capital Partners LLC trimmed its holdings in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 19.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,135 shares of the insurance provider's stock after selling 2,955 shares during the quarter. Seizert Capital Partners LLC owned about 0.09% of Markel Group worth $17,230,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. International Assets Investment Management LLC bought a new position in shares of Markel Group during the 4th quarter worth about $18,145,000. Pinnacle Associates Ltd. raised its holdings in Markel Group by 7.1% in the 4th quarter. Pinnacle Associates Ltd. now owns 17,656 shares of the insurance provider's stock valued at $25,070,000 after acquiring an additional 1,167 shares in the last quarter. Chicago Capital LLC bought a new stake in shares of Markel Group in the 4th quarter worth approximately $3,313,000. Allspring Global Investments Holdings LLC lifted its position in shares of Markel Group by 616.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,219 shares of the insurance provider's stock worth $5,991,000 after acquiring an additional 3,630 shares during the period. Finally, Lathrop Investment Management Corp grew its holdings in shares of Markel Group by 11.7% during the 4th quarter. Lathrop Investment Management Corp now owns 7,776 shares of the insurance provider's stock worth $11,041,000 after purchasing an additional 815 shares in the last quarter. 77.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on the company. Janney Montgomery Scott reaffirmed a "neutral" rating and issued a $1,600.00 target price on shares of Markel Group in a research report on Friday, March 15th. Truist Financial raised their price objective on shares of Markel Group from $1,400.00 to $1,600.00 and gave the stock a "hold" rating in a report on Friday, May 3rd. Royal Bank of Canada upped their target price on shares of Markel Group from $1,475.00 to $1,625.00 and gave the company a "sector perform" rating in a research note on Friday, May 3rd. Finally, Jefferies Financial Group cut shares of Markel Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,680.00 to $1,500.00 in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $1,520.00.

Markel Group Price Performance

Shares of NYSE:MKL traded up $15.66 on Friday, hitting $1,652.22. The stock had a trading volume of 29,937 shares, compared to its average volume of 45,600. The firm's 50 day moving average price is $1,502.84 and its 200-day moving average price is $1,450.47. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.61 and a current ratio of 0.61. Markel Group Inc. has a twelve month low of $1,295.65 and a twelve month high of $1,655.01. The company has a market capitalization of $21.48 billion, a price-to-earnings ratio of 8.92 and a beta of 0.69.

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.