PYA Waltman Capital LLC Boosts Stake in Markel Group Inc. $MKL

PYA Waltman Capital LLC grew its holdings in Markel Group Inc. (NYSE:MKLFree Report) by 3.5% during the 2nd quarter, Holdings Channel.com reports. The fund owned 11,797 shares of the insurance provider’s stock after acquiring an additional 399 shares during the period. Markel Group accounts for about 5.6% of PYA Waltman Capital LLC’s portfolio, making the stock its 7th largest position. PYA Waltman Capital LLC’s holdings in Markel Group were worth $23,039,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Fideuram Asset Management Ireland dac purchased a new position in Markel Group in the 4th quarter worth approximately $26,000. Reflection Asset Management purchased a new position in shares of Markel Group in the fourth quarter worth $26,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Markel Group during the third quarter valued at about $29,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Markel Group in the second quarter worth about $31,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of Markel Group in the fourth quarter worth about $32,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Markel Group Price Performance

Markel Group stock opened at $1,797.03 on Wednesday. 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 stock has a market cap of $22.27 billion, a price-to-earnings ratio of 9.88 and a beta of 0.65. The firm has a 50-day moving average of $1,900.01 and a two-hundred day moving average of $1,907.61. Markel Group Inc. has a 1 year low of $1,719.41 and a 1 year high of $2,207.59.

Analysts Set New Price Targets

A number of research firms have issued reports on MKL. Wall Street Zen raised Markel Group from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Wolfe Research began coverage on shares of Markel Group in a research report on Wednesday, July 1st. They issued an “underperform” rating on the stock. Finally, Weiss Ratings raised shares of Markel Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Markel Group currently has a consensus rating of “Hold” and an average target price of $2,025.00.

View Our Latest Analysis on Markel Group

About Markel Group

(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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Institutional Ownership by Quarter for Markel Group (NYSE:MKL)

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