GHP Investment Advisors Inc. Buys 62 Shares of Markel Group Inc. (NYSE:MKL)

GHP Investment Advisors Inc. raised its stake in Markel Group Inc. (NYSE:MKL) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,420 shares of the insurance provider’s stock after acquiring an additional 62 shares during the period. GHP Investment Advisors Inc.’s holdings in Markel Group were worth $5,904,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Brooklyn Investment Group acquired a new position in Markel Group in the third quarter valued at about $31,000. Toth Financial Advisory Corp raised its position in shares of Markel Group by 1,000.0% in the 3rd quarter. Toth Financial Advisory Corp now owns 22 shares of the insurance provider’s stock valued at $35,000 after buying an additional 20 shares in the last quarter. Larson Financial Group LLC bought a new stake in shares of Markel Group during the 3rd quarter worth approximately $36,000. Global Trust Asset Management LLC acquired a new stake in shares of Markel Group during the 4th quarter worth approximately $41,000. Finally, Wilmington Savings Fund Society FSB bought a new position in Markel Group in the third quarter valued at approximately $42,000. 77.12% of the stock is currently owned by institutional investors.

Markel Group Trading Up 10.7 %

NYSE MKL opened at $2,059.04 on Friday. The company has a market cap of $26.48 billion, a price-to-earnings ratio of 9.50 and a beta of 0.78. Markel Group Inc. has a twelve month low of $1,405.11 and a twelve month high of $2,063.68. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average is $1,755.78 and its 200 day moving average is $1,646.10.

Markel Group (NYSE:MKL) last posted its earnings results on Wednesday, February 5th. The insurance provider reported $20.51 EPS for the quarter, missing the consensus estimate of $20.66 by ($0.15). Markel Group had a net margin of 17.03% and a return on equity of 10.86%. As a group, sell-side analysts expect that Markel Group Inc. will post 86.92 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MKL. TD Cowen cut Markel Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $1,986.00 to $1,836.00 in a research note on Monday, December 2nd. StockNews.com upgraded Markel Group from a “hold” rating to a “buy” rating in a research report on Thursday. Finally, Royal Bank of Canada decreased their target price on Markel Group from $1,700.00 to $1,675.00 and set a “sector perform” rating on the stock in a research report on Friday, November 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, Markel Group currently has an average rating of “Hold” and an average price target of $1,626.83.

Markel Group Company 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.