Constant Guidance Financial LLC Acquires $801,000 Stake in Markel Group Inc. (NYSE:MKL)

Constant Guidance Financial LLC has recently established a new investment position in Markel Group Inc. (NYSE:MKL) during the 4th quarter. According to the latest filing with the Securities & Exchange Commission, the firm acquired 464 shares of the insurance company, which are valued at approximately $801,000. This investment represents 0.7% of Constant Guidance Financial LLC's overall investment portfolio, making Markel Group its 26th largest holding.

Institutional Investors Adapt Holdings

Other institutional investors have also made adjustments to their stakes in Markel Group. For instance, Brooklyn Investment Group initiated a new position during the third quarter worth about $31,000. Meanwhile, Toth Financial Advisory Corp significantly increased its shareholding by 1,000.0% during the same quarter. Following this expansion, Toth Financial now owns 22 shares valued at $35,000, having acquired an additional 20 shares recently. Larson Financial Group LLC also took a new position in Markel during the third quarter for roughly $36,000. In the fourth quarter, Global Trust Asset Management LLC and Wilmington Savings Fund Society FSB established new positions worth about $41,000 and $42,000 respectively. Overall, institutional investors and hedge funds collectively hold 77.12% of Markel Group's stock.

Insider Activities

In related news, CEO Thomas Sinnickson Gayner recently purchased 100 shares of the company on February 7. The transaction was made at an average price of $2,008.01 per share, totaling $200,801. Following this acquisition, Gayner's direct ownership of shares in the company increased to 48,945, which is valued at around $98,282,049.45. This purchase reflects a slight increase in ownership, documented in a filing with the SEC. Insiders now hold about 1.71% of the company's shares.

Market Analysts Provide Insights

Markel Group (NYSE:MKL) has recently been discussed in various analyst reports. TD Cowen modified its rating from "buy" to "hold" and reduced its target price from $1,986.00 to $1,836.00. Similarly, StockNews.com also downgraded the shares from a "buy" rating to a "hold". However, Royal Bank of Canada raised its target price on Markel Group from $1,750.00 to $2,025.00 and maintained a "sector perform" rating. Currently, one analyst has issued a "sell" rating, while six have given it a "hold" rating. According to MarketBeat.com, the stock has an average rating of "Hold" with a consensus price target of $1,685.17.

Markel Group Stock Performance

The stock of Markel Group opened at $1,869.04 recently. Its 50-day simple moving average stands at $1,780.38, while the 200-day moving average is $1,662.06. Markel Group boasts a market capitalization of $24.04 billion, a price-to-earnings ratio of 9.39, and a beta of 0.78. Over the past year, the stock has fluctuated between a low of $1,417.65 and a high of $2,063.68. Additionally, the company features a debt-to-equity ratio of 0.26 and both a quick and current ratio of 0.60.

Quarterly Earnings Report

Markel Group recently published its quarterly earnings results on February 5. The company reported earnings per share (EPS) of $20.51, which fell short of analysts' consensus estimate of $20.66 by $0.15. The company reported a net margin of 16.34% and a return on equity of 7.55%, with analysts projecting an EPS of 97.92 for the current fiscal year.

About Markel Group Inc.

Markel Group Inc. is a diverse holding company engaged in marketing and underwriting specialty insurance products across several regions including the United States, Bermuda, the United Kingdom, and Germany. Its offerings encompass general and professional liability, personal lines, marine and energy coverage, specialty programs, workers' compensation insurance, and property insurance that includes fire, allied lines, and other specialized property coverages, including those subject to catastrophic risks such as earthquakes and wind.

Investment, Insurance, Stocks