Robeco Institutional Asset Management B.V. Reduces Holdings in Markel Group Inc. $MKL

by · The Cerbat Gem

Robeco Institutional Asset Management B.V. reduced its stake in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 54.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 217 shares of the insurance provider’s stock after selling 264 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Markel Group were worth $466,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Markel Group during the third quarter worth about $29,000. V Square Quantitative Management LLC purchased a new stake in shares of Markel Group in the 4th quarter valued at about $32,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of Markel Group by 183.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 17 shares of the insurance provider’s stock valued at $37,000 after purchasing an additional 11 shares during the last quarter. GoalVest Advisory LLC acquired a new stake in shares of Markel Group in the 3rd quarter valued at about $38,000. Finally, Kelleher Financial Advisors acquired a new stake in shares of Markel Group in the 3rd quarter valued at about $38,000. Institutional investors and hedge funds own 77.12% of the company’s stock.

Markel Group Stock Performance

NYSE MKL opened at $1,990.05 on Friday. The firm has a market cap of $24.98 billion, a P/E ratio of 11.72 and a beta of 0.79. Markel Group Inc. has a 52-week low of $1,698.99 and a 52-week high of $2,207.59. The business’s 50-day moving average price is $1,981.64 and its 200 day moving average price is $2,021.05. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.23.

Insiders Place Their Bets

In other Markel Group news, CEO Simon Wilson sold 100 shares of Markel Group stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $2,079.48, for a total value of $207,948.00. Following the transaction, the chief executive officer directly owned 2,397 shares in the company, valued at approximately $4,984,513.56. This trade represents a 4.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.08% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on MKL. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Markel Group in a research report on Friday, March 27th. Zacks Research downgraded Markel Group from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Truist Financial raised their target price on shares of Markel Group from $2,000.00 to $2,100.00 and gave the stock a “hold” rating in a research report on Friday, February 6th. Wall Street Zen raised shares of Markel Group from a “hold” rating to a “buy” rating in a report on Saturday, March 14th. Finally, Brean Capital assumed coverage on shares of Markel Group in a research report on Tuesday, March 24th. They issued a “neutral” rating and a $2,100.00 price target for the company. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $2,100.00.

Check Out Our Latest Research Report on MKL

Markel Group Profile

(Free Report)

Markel Group (NYSE: MKL) is a diversified insurance holding company best known for underwriting specialty insurance products. Founded in 1930 and headquartered in Richmond, Virginia, the company provides a wide range of commercial property and casualty coverages tailored to niche and hard-to-place risks. Its underwriting operations focus on specialty lines across multiple industries, delivering customized policy structures, program administration, and claims management services for complex exposures.

In addition to primary specialty insurance, Markel operates reinsurance and alternative risk-transfer activities and manages invested assets derived from underwriting float.

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