New York State Frequent Retirement Fund grew its place in shares of Markel Group Inc. (NYSE:MKL – Free Report) by 1.5% within the third quarter, in accordance with the corporate in its most up-to-date submitting with the Securities and Trade Fee (SEC). The fund owned 9,641 shares of the insurance coverage supplier’s inventory after shopping for an extra 147 shares in the course of the quarter. New York State Frequent Retirement Fund owned roughly 0.07% of Markel Group value $15,123,000 as of its most up-to-date submitting with the Securities and Trade Fee (SEC).
Different institutional traders have additionally made adjustments to their positions within the firm. Assenagon Asset Administration S.A. raised its stake in shares of Markel Group by 6.0% within the 2nd quarter. Assenagon Asset Administration S.A. now owns 9,884 shares of the insurance coverage supplier’s inventory valued at $15,574,000 after buying an extra 558 shares within the final quarter. Solitude Monetary Companies purchased a brand new place in shares of Markel Group within the 2nd quarter valued at roughly $1,182,000. Sei Investments Co. raised its stake in shares of Markel Group by 41.7% within the 1st quarter. Sei Investments Co. now owns 4,308 shares of the insurance coverage supplier’s inventory valued at $6,554,000 after buying an extra 1,268 shares within the final quarter. Worth T Rowe Associates Inc. MD raised its stake in shares of Markel Group by 4.5% within the 1st quarter. Worth T Rowe Associates Inc. MD now owns 8,336 shares of the insurance coverage supplier’s inventory valued at $12,684,000 after buying an extra 359 shares within the final quarter. Lastly, Concurrent Funding Advisors LLC raised its stake in shares of Markel Group by 89.8% within the 1st quarter. Concurrent Funding Advisors LLC now owns 835 shares of the insurance coverage supplier’s inventory valued at $1,270,000 after buying an extra 395 shares within the final quarter. 77.12% of the inventory is presently owned by institutional traders and hedge funds.
Markel Group Worth Efficiency
Shares of NYSE:MKL opened at $1,560.17 on Wednesday. Markel Group Inc. has a 1-year low of $1,317.00 and a 1-year excessive of $1,670.24. The agency has a market capitalization of $20.06 billion, a PE ratio of seven.20 and a beta of 0.73. The enterprise’s 50 day transferring common is $1,566.69 and its 200-day transferring common is $1,570.78. The corporate has a present ratio of 0.60, a fast ratio of 0.60 and a debt-to-equity ratio of 0.26.
Markel Group (NYSE:MKL – Get Free Report) final introduced its quarterly earnings outcomes on Wednesday, October thirtieth. The insurance coverage supplier reported $17.34 EPS for the quarter, lacking the consensus estimate of $21.97 by ($4.63). The corporate had income of $3.69 billion in the course of the quarter, in comparison with analyst estimates of $3.74 billion. Markel Group had a web margin of 17.03% and a return on fairness of 10.86%. Promote-side analysts predict that Markel Group Inc. will publish 91.55 earnings per share for the present 12 months.
Wall Road Analyst Weigh In
Numerous analysis analysts just lately weighed in on the corporate. TD Cowen assumed protection on Markel Group in a analysis word on Tuesday, July ninth. They issued a “purchase” score and a $1,986.00 worth goal on the inventory. Jefferies Monetary Group lifted their worth goal on Markel Group from $1,590.00 to $1,600.00 and gave the inventory a “maintain” score in a analysis report on Wednesday, October ninth. Royal Financial institution of Canada dropped their worth goal on Markel Group from $1,700.00 to $1,675.00 and set a “sector carry out” score on the inventory in a analysis report on Friday, November 1st. Citigroup lifted their worth goal on Markel Group from $1,435.00 to $1,450.00 and gave the inventory a “promote” score in a analysis report on Tuesday, July twenty third. Lastly, StockNews.com raised Markel Group from a “maintain” score to a “purchase” score in a report on Monday. One funding analyst has rated the inventory with a promote score, 4 have given a maintain score and two have assigned a purchase score to the corporate’s inventory. In accordance with information from MarketBeat.com, the inventory presently has a median score of “Maintain” and a median worth goal of $1,651.83.
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About Markel Group
Markel Group Inc, a various holding firm, engages in advertising and marketing and underwriting specialty insurance coverage merchandise in the US, Bermuda, the UK, and Germany. The corporate provides normal {and professional} legal responsibility, private strains, marine and power, specialty packages, and staff’ compensation insurance coverage merchandise; and property coverages that embody fireplace, allied strains, and different specialised property coverages, together with catastrophe-exposed property dangers, comparable to earthquake and wind.
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