Fort Washington Investment Advisors Inc. OH Sells 6,683 Shares of Markel Group Inc. $MKL

Fort Washington Investment Advisors Inc. OH decreased its holdings in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 8.2% in the 3rd quarter, Holdings Channel reports. The firm owned 75,262 shares of the insurance provider’s stock after selling 6,683 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Markel Group were worth $128,882,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. BlackRock Inc. bought a new position in shares of Markel Group in the 2nd quarter worth about $1,362,880,000. Dimensional Fund Advisors LP grew its position in shares of Markel Group by 4.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 136,985 shares of the insurance provider’s stock valued at $262,172,000 after buying an additional 6,428 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Markel Group during the 2nd quarter valued at about $231,608,000. Madison Avenue Partners LP grew its position in shares of Markel Group by 4.2% during the 4th quarter. Madison Avenue Partners LP now owns 87,889 shares of the insurance provider’s stock valued at $188,931,000 after buying an additional 3,579 shares during the last quarter. Finally, Davis Asset Management L.P. acquired a new stake in Markel Group during the second quarter worth about $179,882,000. 77.12% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MKL has been the topic of a number of recent research reports. Wolfe Research began coverage on shares of Markel Group in a report on Wednesday, July 1st. They issued an “underperform” rating on the stock. Weiss Ratings upgraded Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a report on Saturday, August 1st. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $2,025.00.

View Our Latest Analysis on Markel Group

Markel Group Price Performance

Shares of NYSE MKL opened at $1,794.12 on Thursday. Markel Group Inc. has a 1-year low of $1,704.17 and a 1-year high of $2,207.59. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.63 and a quick ratio of 0.63. The business’s fifty day moving average price is $1,790.33 and its two-hundred day moving average price is $1,858.00. The firm has a market capitalization of $22.23 billion, a PE ratio of 16.81 and a beta of 0.64.

About Markel Group

(Free Report)

Markel Group Inc (NYSE: MKL) is a diversified holding company focused primarily on specialty insurance and investments. Through its insurance operations, the company provides coverage for risks that may be complex, specialized or underserved by standard insurance markets, including commercial, professional liability, marine, casualty and other specialty lines.

Markel’s insurance business operates through a network of underwriting platforms and subsidiaries serving businesses and individuals in the United States and international markets, including the United Kingdom, Europe, Canada and other regions.

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