Markel Group Inc. $MKL Shares Acquired by Trust Co. of Vermont

Trust Co. of Vermont boosted its holdings in shares of Markel Group Inc. (NYSE:MKL) by 18.9% in the 2nd quarter, Holdings Channel reports. The firm owned 731 shares of the insurance provider’s stock after buying an additional 116 shares during the period. Trust Co. of Vermont’s holdings in Markel Group were worth $1,460,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Magnolia Private Wealth LLC acquired a new stake in Markel Group during the second quarter valued at approximately $547,000. Sound Income Strategies LLC acquired a new stake in Markel Group during the second quarter valued at approximately $154,000. Smith Salley Wealth Management lifted its stake in Markel Group by 1.8% during the second quarter. Smith Salley Wealth Management now owns 9,343 shares of the insurance provider’s stock valued at $18,661,000 after purchasing an additional 165 shares during the last quarter. Hengehold Capital Management LLC lifted its stake in Markel Group by 26.4% during the second quarter. Hengehold Capital Management LLC now owns 383 shares of the insurance provider’s stock valued at $765,000 after purchasing an additional 80 shares during the last quarter. Finally, Kirr Marbach & Co. LLC IN lifted its position in shares of Markel Group by 0.9% in the 2nd quarter. Kirr Marbach & Co. LLC IN now owns 8,145 shares of the insurance provider’s stock valued at $16,268,000 after acquiring an additional 70 shares in the last quarter. 77.12% of the stock is owned by institutional investors and hedge funds.

Markel Group Stock Down 1.3%

Shares of NYSE:MKL opened at $1,886.29 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.59 and a current ratio of 0.59. The company has a market cap of $23.86 billion, a PE ratio of 11.31 and a beta of 0.78. Markel Group Inc. has a 52 week low of $1,521.25 and a 52 week high of $2,075.92. The firm has a 50 day simple moving average of $1,946.30 and a 200 day simple moving average of $1,910.66.

Markel Group (NYSE:MKL) last issued its quarterly earnings results on Wednesday, July 30th. The insurance provider reported $25.46 EPS for the quarter, beating the consensus estimate of $24.74 by $0.72. The business had revenue of $4.82 billion during the quarter, compared to the consensus estimate of $3.96 billion. Markel Group had a net margin of 13.39% and a return on equity of 7.18%. The firm’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $18.62 EPS. As a group, research analysts expect that Markel Group Inc. will post 96.25 earnings per share for the current year.

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.