XTX Topco Ltd Has $485,000 Stake in Markel Group Inc. (NYSE:MKL)

XTX Topco Ltd lowered its stake in shares of Markel Group Inc. (NYSE:MKL - Free Report) by 68.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 281 shares of the insurance provider's stock after selling 620 shares during the period. XTX Topco Ltd's holdings in Markel Group were worth $485,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quilter Plc grew its holdings in shares of Markel Group by 7.2% in the fourth quarter. Quilter Plc now owns 33,139 shares of the insurance provider's stock valued at $57,206,000 after purchasing an additional 2,234 shares in the last quarter. Fiduciary Alliance LLC boosted its holdings in shares of Markel Group by 25.2% in the fourth quarter. Fiduciary Alliance LLC now owns 1,881 shares of the insurance provider's stock valued at $3,247,000 after acquiring an additional 379 shares during the period. WCM Investment Management LLC purchased a new position in shares of Markel Group during the fourth quarter worth about $252,000. Franklin Resources Inc. lifted its holdings in shares of Markel Group by 10.4% during the third quarter. Franklin Resources Inc. now owns 5,571 shares of the insurance provider's stock worth $8,736,000 after purchasing an additional 527 shares during the period. Finally, Hudson Value Partners LLC increased its stake in shares of Markel Group by 4.8% during the fourth quarter. Hudson Value Partners LLC now owns 3,339 shares of the insurance provider's stock worth $5,764,000 after acquiring an additional 153 shares during the period. 77.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Royal Bank of Canada increased their price objective on shares of 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. StockNews.com lowered shares of Markel Group from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating and five have issued a hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $1,702.20.

Markel Group Stock Down 0.4 %

Markel Group stock traded down $7.80 during trading hours on Friday, hitting $1,800.62. The company had a trading volume of 20,379 shares, compared to its average volume of 49,020. The firm's fifty day moving average is $1,827.36 and its 200-day moving average is $1,757.08. 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 fifty-two week low of $1,433.06 and a fifty-two week high of $2,063.68. The firm has a market capitalization of $22.89 billion, a P/E ratio of 9.05 and a beta of 0.70.

Markel Group (NYSE:MKL - Get Free Report) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 earnings per share for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a return on equity of 7.55% and a net margin of 16.34%. On average, research analysts forecast that Markel Group Inc. will post 96.25 earnings per share for the current year.

Insider Activity

In other Markel Group 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 value of $163,682.64. Following the sale, the director now owns 63,436 shares of the company's stock, valued at $117,992,863.08. This trade represents a 0.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Thomas Sinnickson Gayner purchased 100 shares of the business's stock in a transaction on Friday, February 7th. The shares were acquired at an average cost of $2,008.01 per share, for a total transaction of $200,801.00. Following the completion of the transaction, the chief executive officer now directly owns 48,945 shares in the company, valued at approximately $98,282,049.45. This represents a 0.20 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 2,034 shares of company stock worth $3,778,952. Corporate insiders own 1.66% of the company's stock.

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.